WebMD Names David J. Schlanger as CEO

NEW YORK, Aug. 12, 2013 /PRNewswire/ -- WebMD Health Corp. (NASDAQ: WBMD), the leading source of health information, today announced that its Board of Directors has appointed David J. Schlanger as Chief Executive Officer of WebMD and Steven L. Zatz, M.D. as its President. Mr. Schlanger has served as Interim CEO since May 2013 and in other senior roles at WebMD and its predecessor companies for more than ten years prior to that time. Dr. Zatz has been with WebMD and its predecessor companies for more than ten years, most recently as Executive Vice President, Professional Services of WebMD, where he was responsible for the Company's professional websites and services including its flagship site for healthcare professionals, Medscape.com.

"The Board of Directors is pleased to name David as CEO," said Martin J. Wygod, Chairman of WebMD. "With David's leadership, we are well positioned to build on the current momentum and maintain our focus on the development and implementation of the strategies necessary to diversify our revenue base and capture the opportunities arising from the rapidly changing healthcare landscape."

WebMD also announced today that Dr. Steven Zatz has been named President of WebMD and will assume responsibility for the Company's consumer and professional websites and services. "On behalf of the Board, we are very pleased to recognize the strong contribution that Steve has made in creating and developing what has become the market's leading source of online information for physicians and other health professionals, as well as the largest online source of continuing medical education," Wygod said. "Steve is well suited to capture the synergies between our leading consumer and professional portals and lead our efforts as we position WebMD and Medscape as the hub of a set of services that will facilitate information exchange between patients and their healthcare providers."

About WebMD
WebMD Health Corp. (NASDAQ: WBMD) is the leading provider of health information services, serving consumers, physicians, healthcare professionals, employers, and health plans through our public and private online portals, mobile platforms and health-focused publications.

The WebMD Health Network includes WebMD Health, Medscape, MedicineNet, eMedicineHealth, RxList, theheart.org, Medscape Education and other owned WebMD sites.

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All statements contained in this press release, other than statements of historical fact, are forward-looking statements. These statements are based on our current plans and expectations and involve risks and uncertainties that could cause actual future events or results to be different than those described in or implied by such forward-looking statements, including risks and uncertainties regarding: competition for advertisers and sponsors for our public portals and mobile platforms; changes in financial markets; changes in economic, political or regulatory conditions or other trends affecting the healthcare, Internet and information technology industries. Further information about these matters can be found in our Securities and Exchange Commission filings. Except as required by applicable law or regulation, we do not undertake any obligation to update our forward-looking statements to reflect future events or circumstances.

SOURCE WebMD Health Corp.