$MITI Mitesco, Inc. Names Tom Brodmerkel Chairman

$MITI Mitesco, Inc. Names Tom Brodmerkel Chairman of the Board of Directors

https://www.newmediawire.com/news/mitesco-inc...rs-5258596

Minneapolis, MN - (NewMediaWire) - May 13, 2021 - Mitesco, Inc. (OTCQB: MITI) (“Mitesco” or the “Company”), a leading operator of wellness clinics that combines technology and customized personal care plans, has announced it has appointed Mr. Tom Brodmerkel to the position of Chairman of the Board of Directors. The move signals a shift from early development into plans for expansion, as the Company seeks to increase the rollout of its new units in The Good ClinicTM subsidiary and allocate resources to growth opportunities. Mr. Ronald Riewold, the Company’s former Chairman, has asked to retire from his Board position and continue as a strategic advisor once the Company has chosen his replacement.

Mr. Larry Diamond, CEO, discussed the move, saying, “I want to thank Ron Riewold for his leadership and contributions to the Company since joining the Board in 2018. His input and efforts have positively impacted our direction, staffing and strategy. While he has asked to retire from his Board position, he will remain as an advisor to the Company with a specific focus on potential acquisitions, which we believe will allow us to increase the number of targets we can evaluate.”

Mr. Brodmerkel, age 63, joined the Company as a member of the Board of Directors in 2019 and has had a long career in healthcare services and technologies including as Chief Operating Officer at United Healthcare’s Medicare programs, President of Medicare programs of Coventry Health Care and EVP & Chief Strategy Officer of Matrix Medical Network. In addition to his position as Chairman of the Board of the Company, he is CEO and Executive Chairman of Wave Health Technologies, whose AI-based technology is used to analyze medical records. Tom is Vice Chairman of the Board of Directors for CareSource Corporation, a not-for-profit $10B health plan primarily focused on serving the Medicaid population, and he sits on the Board of Xact Technologies, whose technology is used to assist in better prescribing activities for optimal medical treatment. Lastly, he is a member of the Board of Trustees for the United States Naval Academy.

Commenting on his appointment, Mr. Brodmerkel said, “I believe the Company’s strategy is well timed, and that the market can support an increased level of expansion. The current healthcare model is oriented toward transactions for sick patients which is expensive and produces less than desirable outcomes. We believe our focus on primary care through focused prevention, monitoring progress, patient activation and whole person wellness is a tremendous opportunity to improve the health care experience.”

Mr. Diamond added, “I have known Tom Brodmerkel for 30 years and we have worked together closely on other projects previously. He is driven as an individual and he believes he can inject his passion and energy into Mitesco. While we have a starting point for The Good Clinic and an achievable rollout plan, we believe the market could support even greater expansion, and Tom’s leadership should allow us to accelerate that aspect of our plans.”