Founder of the fertility clinic chain Kindbody, Gina Bartasi, has announced she will be stepping down as Chief Executive Officer (CEO) after six years in the role.
Bartasi’s transition out of the role will take place over the next couple of months, according to Kindbody.
The company has now created a new ‘office of the CEO’ which will include Kindbody president Gina Bruzzichesi, chief financial officer Scott Bruckner, and chief business officer Shilpa Patel who will take over management of company operations.
Additionally, the company has confirmed that Kindbody Board member Linda Mintz has been named Chairperson of the Board.
The company has stated: “Gina’s significant contributions to the fertility industry are widely known, having built Kindbody into a national network of fertility clinics and IVF labs, serving thousands of patients in their journey to become parents.
“We are deeply grateful for her dedication and leadership these past six years and we wish her all the best.
“We thank Gina for her vision, leadership and unwavering dedication to our mission of accessible fertility care for all. We look forward to seeing where her journey takes her next.”
Kindbody has seen it valuation fall over the past year, valued at $1.8bn in 2023 and dropping to $400m in 2024.
The announcement follows the news that Kindbody is considering selling the company after a failed funding round earlier in 2024, and is currently looking for $10m in financing according to Bloomberg news. However, Kindbody has said this claim is false.
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