WebMD taps 17-year company veteran as new CEO

NEW YORK - WebMD Health on Monday elevated president Steven Zatz to CEO, effective immediately.  The company also announced that David Schlanger, who has served as CEO since 2013, is leaving the company by mutual agreement.



"Steve and his very talented team have done a great job in developing Medscape into a global brand and in further strengthening WebMD's position as the leading brand of heath information for consumers," stated Martin Wygod, WebMD chairman.



Zatz has been a member of the senior leadership of WebMD and its predecessor companies for 17 years.  Zatz was named president of WebMD in 2013 and, for the last three years, has been responsible for all aspects of the company's advertising and sponsorship business, which represents approximately 80% of the company's revenue.



"On behalf of the board of directors, we thank David for his contributions as CEO over these last three years," Wygod added. "Under David's and Steve's leadership, we have achieved strong financial results, extended our market leading position and strengthened the WebMD and Medscape brands. We wish David well in his future endeavors and Steve continued success in his new position."