Alignment Healthcare Updates its Board of Directors

Core Insights - Alignment Healthcare, Inc. announced the immediate resignation of Thomas (TJ) Carella and Jeffrey Margolis from its Board of Directors, with Margolis transitioning to an advisory role [1][2] - The company emphasizes the significant contributions of Carella and Margolis in guiding Alignment Healthcare through growth in the healthcare sector [1][2] - Both board members expressed confidence in the company's future impact and its commitment to delivering high-quality, cost-effective care for seniors [2] Company Overview - Alignment Healthcare operates under the brand name Alignment Health, offering over 50 Medicare Advantage plans across 53 counties in six states [3] - The company focuses on providing coordinated care through partnerships with local providers, utilizing a customized care model and technology [3] - Alignment Healthcare aims to deliver high-quality, low-cost care while expanding its national presence and maintaining core values centered on serving seniors [3]