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Get filing alertsOscar Health co-founder Mario Schlosser steps down as CTO, transitions to advisory role
Filed June 2, 2026 · Period ending May 29, 2026 · ~1 min read
Key Changes
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Mario Schlosser, co-founder and CTO, is stepping down from operational leadership to become Co-Founder & Advisor to CEO effective June 1, 2026, focusing on AI and digital health while remaining on the Board.
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Schlosser's compensation drops to $370,000 base salary with no annual bonus eligibility or new equity grants going forward, though existing equity awards continue vesting.
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The new advisory agreement eliminates severance payments and company-subsidized healthcare benefits upon any termination of employment.
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Source-verified from EDGAR · Narrative written by AI · Jun 2, 2026 · How we verify