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Kooth plc CEO to Step Down after Securing $188m California Contract

Jan 23, 2025over 1 year ago

Contract Type

contract

CaliforniaHealth Care

Description

The CEO of mental health support platform Kooth plc, Tim Barker, is stepping down after securing a $188m four-year contract to support up to 6m young people in California in 2023. Kate Newhouse, the current COO, will succeed him as CEO. The company also reported strong financial performance for the year ended 31st December 2024, with expected revenue and EBITDA ahead of market expectations.

Company Information

Company

Kooth plc

Location

California, United States

About

Kooth plc is the largest single access provider for mental health support for under 18s in NHS England and is expanding its presence in the United States.

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