Donato Tramuto

Last updated
Donato J. Tramuto
DonatoTramuto.jpg
BornJuly 1956 (age 68)
Education Wadhams Hall Seminary-College
Occupations
  • Top executive
  • Municipal officer
Years active1982–present
Title
Board member of
  • Robert F. Kennedy Human Rights [2]
  • Chairman of the Board - Cherish Health [3]
  • Health eVillages
  • BioIQ [3]
  • Zeel Health
  • Gento Health
  • Y2X Life Sciences
  • Gryphon Private Equity [3]
  • Boston University School of Public Health [3]
Website DonatoTramuto.com
TramutoPorter Foundation

Donato J. Tramuto (born 1956) is an American healthcare executive, global health activist, and author. He is the former CEO of Tivity Health and has held executive positions for i3 and Physicians Interactive. Tramuto is also the founder of The TramutoPorter Foundation and a nonprofit program, Health eVillages, that provides curated medical information to clinicians in remote areas. He previously served as elected Board of Selectmen for the Town of Ogunquit and has authored three books, including The Double Bottom Line: How Compassionate Leaders Captivate Hearts and Deliver Results.

Contents

Early life and education

Tramuto attended Wadhams Hall Seminary-College. He graduated in 1979 with a B.A. in philosophy and psychology. He then attended the State University of New York–Buffalo. [4] [5]

Business career

Tramuto taught for a semester at Gannon, a Catholic diocesan university, before making a career change to pharmaceutical marketing at Marion Laboratories. [6]

From 1982 to 1990 Tramuto worked at Boehringer-Ingelheim Pharmaceuticals, becoming district manager. He then was hired by Caremark as its vice president for Disease Management Marketing and general manager of its Home Healthcare business unit. [7] He spent four years advocating and directing the development of the company's first AIDS management program. [8]

In 1998 Tramuto co-founded Protocare, Inc., a drug development firm with a healthcare-services consulting division. [7] In 2002 he sold one part to Radiant Research and the other to Constella Health Strategies, which was integrated into UnitedHealth Group a year later. [5] [9] From 2004 to 2006, Mr. Tramuto was chief executive officer of i3, a global pharmaceutical services company. Tramuto also served as president of the Physicians Interactive Division of Allscripts. [10]

In 2008, Tramuto purchased Physicians Interactive from Allscripts with backing from Perseus LLC. [11] The company's technology could be used to transmit a patient's medical data to a physician through a handheld device. After the 2010 earthquake in Haiti, physicians there used it to communicate with medical experts in the U.S. [12] In 2013 Perseus sold the company to Merck, with Tramuto remaining in place as CEO. [13]

In May 2013 Tramuto was elected to serve as an outside director of health-and-wellness company Healthways Inc.; its shareholders had voted to declassify its staggered board of directors after the New York State Common Retirement Fund claimed that the directors had entrenched themselves. [14] He was appointed chairman a year later. [15] In 2015 the company announced his appointment as president and CEO, [16] [7] passing over a corporate officer who had applied for the job. [17]

In July 2016 Tramuto sold Healthways' unprofitable population-health business, along with its brand name, to allow the company to focus on its fitness and rehabilitation programs, under a new name ("Trivity Health"). [18] [19] [20] In March 2019, Tivity Health announced the completion of its acquisition of Nutrisystem, Inc., a leading provider of weight management products and services. [21] [22] In February 2020, Tramuto stepped down as CEO of Tivity Health. [23]

Philanthropy and boards

Tramuto is the founder of the TramutoPorter Foundation. Launched in 2001 in memory of three friends who lost their lives on United Airlines Flight 175 during the September 11 attacks. The foundation provides scholarships to underprivileged students, as well as providing grants to organizations to better the lives of others. [24] [25] In 2011, Tramuto established a nonprofit, Health eVillages, to distribute handheld devices loaded with medical reference materials to healthcare workers in remote regions of the world. [26] In 2014 the Robert F. Kennedy Center for Justice and Human Rights gave him an RFK Ripple of Hope award for his charitable work in the global healthcare field. [27] [28]

Tramuto serves on the board of the TramutoPorter Foundation, Health eVillages, Robert F Kennedy Human Rights US, and Robert F Kennedy Europe where he serves as co-chairman. [26] [29] In 2020 he was appointed Honorary Scholar in Residence at St. Joseph's College in Maine; Executive in Residence at Promerica Health, Tidesmart Health, Concierge Health, Skyscape and Sharecare. [30] [31] In 2022, the National Calendar Association awarded the TramutoPorter Foundation the honor of establishing National Compassionate Leadership Week. [32]

Political activities

Tramuto was elected to the Town of Ogunquit's board of selectmen in 2006 on a write-in campaign. He served two three-year terms. While chairman (2007–12), he represented the town to the governor of Maine on issues related to education and health. [6] [33] In 2010 the governor appointed him to the State of Maine Economic Growth Council, which develops and evaluates the state's long-term economic growth plan. [12] [34]

Books

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References

  1. "Donato Tramuto Chief Executive Officer, Tivity Health Inc". Bloomberg L.P. Retrieved March 2, 2019.
  2. Wakefield, Cindy (2016-07-22). "Healthways CEO and Health eVillages Founder Donato J. Tramuto Appointed to Robert F. Kennedy Human Rights Board of Directors" (Press release). GlobalNewsWire. Retrieved February 10, 2018. Donato J. Tramuto has been appointed to the Robert F. Kennedy Human Rights (RFK Human Rights) Board of Directors
  3. 1 2 3 4 "Donato Tramuto". The Marque. Retrieved November 4, 2021. Cherish Health Chairman of the Board, 2020 - Present, Cambridge, MA, USA
  4. Kennedy, Eleanor (7 August 2015). "New CEO Not a Big Shakeup for Healthways". Nashville Business Journal. Healthways ... named Donato Tramuto its new president and CEO... Tramuto has served on the board of Healthways for two years and as board chairman for one. He got the latter position as part of a compromise with ... a Boston-based fund that had pushed for [CEO] Leedle's ouster. See generallySolomon, Steven (26 November 2014). "A Defense against Hostile Takeover Attempts Develops a Downside". New York Times. p. B5. Healthways ... entered into a 'dead hand' poison put... Shareholders sued the Healthways directors and their bank ... claiming it chilled shareholders' ability to replace directors. A Delaware court agreed... With a bank potentially liable, poison puts linked to any director changes are likely to fade away.
  5. 1 2 Bartlett, Jessica (19 September 2014). "Executive Profile: Donato Tramuto of Physicians Interactive". Boston Business Journal . At the age of 7, Donato Tramuto ... found that the world was suddenly muffled... His speech slipped into that of a 2-year-old. It took 10 years and seven surgeries before he could finally hear again... After a brief time in the seminary profession ... he dedicated himself to health care.
  6. 1 2 Grom, Taren, ed. (July–August 2009). "The Commanders & Chiefs: Donato Tramuto" (PDF). PharmaVOICE. pp. 3–4.Grom, Taren, ed. (July–August 2012). "The Commanders & Chiefs". PharmaVOICE.
  7. 1 2 3 Healthways, Inc. (7 August 2015). "Form 8–K" (Filing). Securities & Exchange Comm’n.
  8. "LeVar Burton to Receive Honorary Degree at UMass Lowell Commencement; Head of Physicians Interactive Also Added to Those Being Recognized Next Week" (Press release). UMass Lowell. May 8, 2015. Archived from the original on 2015-09-27. Tramuto was also previously with Caremark, where he championed the development of the company's national disease management program for HIV/AIDS...
  9. Alaris Medical Systems, Inc. (28 May 2004). "Schedule 14D-9" (Filing). Securities & Exchange Comm’n.
  10. "Tramuto, Donato". Reuters. February 15, 2019.
  11. Brown, Michael (1 July 2014). "Physicians Interactive CEO Looks for Acquisitions". The Street. Retrieved 25 November 2023.
  12. 1 2 Sullivan, Casey (23 December 2010). "Ogunquit's Donato Tramuto Appointed to the Robert F. Kennedy Leadership Council". Seacoastonline . Portsmouth, N.H. Archived from the original on 2016-01-16. Tramuto ... was appointed ... to serve on the Robert F. Kennedy Leadership Council... A former chairman of the council ... said the cutting-edge technology behind Tramuto's company has helped doctors quickly treat earthquake victims in Haiti by creating digital communication between on-scene physicians and medical professionals in the United States.
  13. Wursthorn, Michael (7 August 2013). "Perseus Sells Physicians Interactive to Merck Fund". Dow Jones. LBO Wire. Archived from the original on 2015-09-27. The Reading, Mass., company said ... it will remain a stand-alone business with founding Chief Executive Donato Tramuto staying on board. 'Not much will change,' said Mr. Tramuto... 'We'll still have our own independence...'
  14. De Lombaerde, Geert (19 April 2013). "Longtime Healthways Director Retiring; Boss of Health Info Provider Nominated". Nashville Post . Archived from the original on 23 July 2014. Nominated to take O'Neil's place is Donato Tramuto, co-founder and CEO of ... Physicians Interactive Holdings, a marketer of online health care information and software and medication samples... Healthways' ... plan means each director candidate will after the spring of 2015 stand for re-election each year. See generallyDe Lombaerde, Geert (19 November 2012). "Healthways to Declassify Board: Move Follows Shareholders' Overwhelming May Vote". Nashville Post. The New York State Common Retirement Fund's proposal ... said, 'A staggered board has been found to be one of six entrenching mechanisms that are associated with lower firm valuation.'
  15. Kennedy, Eleanor (28 February 2014). "Activist Investor Seeks Board Spots at Healthways". Nashville Business Journal. Healthways has taken the first step of its compromise with activist investor North Tide Capital, naming board member Donato Tramuto board chairman to replace resigning chair John Ballantine.
  16. Kennedy, Eleanor (30 October 2015). "New Healthways CEO: Performance Has Been 'Unacceptable', Company 'Suffered from a Lack of Focus'". Nashville Business Journal. Tramuto ... briefed analysts on the beleaguered company's plans to restructure, cut costs and turn the well-being giant around. Healthways ... has spent the better part of three years ... coping with the rough financial performance noted by Tramuto.
  17. De Lombaerde, Geert (25 August 2015). "Former Healthways COO Wants $3M+ over Firing". Nashville Post . Archived from the original on 27 September 2015. Things started going south on Aug. 4, when then-Chairman Donato Tramuto called Michela to tell him he would not be CEO and that Tramuto himself would take the top spot come Nov. 1.
  18. Sichko, Adam (19 February 2020). "CEO out amid shakeup at Franklin health care company". Nashville Business Journal.
  19. Fletcher, Holly (28 July 2016). "Healthways to Sell Division, Brand to Sharecare in Major Corporate Shake-Up". Tennessean . Healthways has reached an agreement to sell a key division — as well as its name and brand — to Atlanta-based digital health company Sharecare... Tramuto ... will be CEO of the smaller company and will join Sharecare's board.
  20. Fletcher, Holly (10 January 2017). "Healthways Rebrands as Tivity Health". Tennessean .
  21. Eric Snyder (March 8, 2019). "Franklin firm completes $1.3B deal for Nutrisystem". Nashville Business Journal. Franklin-based Tivity Health Inc. has completed its $1.3 billion acquisition of Nutrisystem.
  22. Charley Grant (May 10, 2019). "Watch This Fitness Stock Flex". The Wall Street Journal. Tivity, which specializes in fitness and health programs for seniors, recently acquired diet-management company Nutrisystem for $1.3 billion in cash and stock.
  23. "Tivity Health Announces Departure of CEO Donato J. Tramuto and Appoints Healthcare Veteran as Interim CEO". PRNewswire. February 19, 2020. Tivity Health® (Nasdaq: TVTY), a leading provider of fitness, nutrition and social engagement solutions, today announced that Donato J. Tramuto will depart as Chief Executive Officer ("CEO") and resign from the Board, effective immediately.
  24. "Work inspired by 9/11 recognized". Press Herald. October 2, 2011. Retrieved February 10, 2018.
  25. "Tramuto Foundation celebration tallies record donations". Sea Coast News. 2016-10-25. Retrieved February 10, 2018.
  26. 1 2 Keene, Cindy (20 May 2012). "Digital Lifeline for Developing Nations". Boston Globe . p. 16. Archived from the original on 2015-04-05. Tramuto … began in Haiti after an earthquake two years ago. A dozen mobile devices were brought there. Physicians who previously guessed about drug dosing had an automated guide... Tramuto founded the nonprofit Health eVillages to carry the mission around the world.
  27. Chozick, Amy (18 December 2014). "Political Dynasties, Past and Present". New York Times . p. E14. Archived from the original on 2015-01-06.Glassberg, Julie (18 December 2014). A Crowd Only the Kennedys Could Draw (slide 17). New York Times. Seated nearby were Tony Bennett and the global health activist Donato Tramuto, who both also accepted R.F.K. honors... Donato Tramuto received the Robert F. Kennedy Ripple of Hope award from Ethel Kennedy.
  28. Gallagher, Noel (17 December 2014). "Former Ogunquit Selectman Gets Kennedy Ripple of Hope Award". Portland Press Herald . p. 2. Tramuto ... is chief executive officer and chairman of Physicians Interactive... The site is used by 3.5 million physicians... The TramutoPorter Foundation ... has a goal of giving away $1 million by 2015... Tramuto created Health eVillages in 2011 in partnership with the Robert F. Kennedy Center...
  29. "Healthways CEO appointed to Kennedy Human Rights board". Nashville Post. July 29, 2016. Retrieved June 13, 2019. In 2012, Tramuto was appointed to the board of RFK Human Rights Europe because of his experience in leadership of global health.
  30. Jim Dlugos (August 31, 2020). "President announces new Honorary Scholar-in-Residence: Donato Tramuto". St Joseph's College of Maine. Retrieved November 15, 2020. It is with great pleasure that I introduce you to Saint Joseph's first Honorary Scholar-in-Residence, Donato Tramuto.
  31. "Donato Tramuto Joins Promerica Health As Chairman in Residence". CISION PR Newswire. August 18, 2020. Retrieved November 15, 2020. Promerica Health announced today that noted health care executive Donato Tramuto has joined the organization as Chairman in Residence.
  32. "TramutoPorter Foundation Announces First Official "National Compassionate Leadership Week" September 11-17, 2022". PR Newswire. August 30, 2022. Retrieved October 19, 2022. The National Day Calendar® has officially designated National Compassionate Leadership Week for the second full week of September 2022 and every year thereafter.
  33. Kanak, Jim (8 January 2009). "Movers and Shakers '08: Ogunquit's Donato Tramuto a 'Multi-Tasker Extraordinaire'". Seacoastonline . Portsmouth, N.H. He also ... oversees a charitable foundation and serves as chairman of the town's Board of Selectmen...
  34. Kmack, Mike (3 January 2011). "Ogunquit Businessman Lends Expertise to State, Global Challenges". WCSH6.com . Portland, Me. Gov. John Baldacci appointed Tramuto to the Maine Economic Growth Council in December.
  35. "Donato Tramuto, RFK Human Rights Board Member, Business Leader, Author". Robert F. Kennedy Human Rights Foundation. Retrieved November 4, 2021. A proponent of lifeling learning, Tramuto holds honorary doctorates from the University of Massachusetts at Lowell, Thomas Jefferson University, Lasell College and Saint Joseph's College, and is the author of Life's Bulldozer Moments: How Adversity Leads to Success in Life and Business. Tramuto's 2nd book, The Double Bottom Line, How Compassionate Leaders Captivate Hearts and Deliver Results, will be released on February 1st, 2022.