Rob Marsh, CEO of 360 Behavioral Health, an autism therapy provider based in Chatsworth, California, is stepping down from his role to become a board member and explore other opportunities. He took on the CEO position in January 2022 and will be completing his tenure on April 30. Kate Sheldon-Princi, the current chief operating officer, will serve as the interim CEO following Marsh’s departure.
During Marsh’s time as CEO, significant changes took place within the company. A round of layoffs was implemented in response to stagnant payer rates, the rapid growth of various platform companies, and challenges in staff recruitment and retention. However, the business has since stabilized with improved rates and hiring practices. The company is now focusing on expansion with plans to open two locations in Nebraska.
360 Behavioral Health was acquired by private equity firm DW Healthcare Partners in August 2018. Dennis Kogod was the CEO and executive chairman at the time of acquisition followed by Paul Fischer who served as the CEO from February 2019 to November 2021. The company was founded in 2003 by Ali Sadeghi and Leili Zarbakhsh and was previously known as California Psychcare before being acquired by DW Healthcare Partners.
This latest CEO transition is one of several leadership changes within the autism therapy industry as leaders of other major providers like BlueSprig Pediatrics and NeurAbilities Healthcare have recently announced their departures.
In conclusion, Rob Marsh’s departure marks another chapter for 360 Behavioral Health as it continues to evolve its services while focusing on expansion plans.