03/11/2026 | Press release | Distributed by Public on 03/11/2026 15:17
| Item 5.02 |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On March 10, 2026 (the "Start Date"), LifeStance Health Group, Inc. ("LifeStance" or the "Company") promoted Lisa Miller, age 52, to serve as the Company's Chief Operating Officer and Principal Operating Officer. Ms. Miller, previously served as LifeStance's Executive Vice President, Practice Operations from February 2024 until March 10, 2026. Previously, Ms. Miller served as LifeStance's Senior Vice President, Practice Operations from September 2022 until February 2024.
Prior to joining LifeStance, Ms. Miller served as Chief Operating Officer and Interim Chief Executive Officer for Invo Healthcare from September 2020 to April 2022, where she was responsible for executing the organization's vision to transform autism treatment. Ms. Miller holds a Master of Science degree in Neuroscience from the University of Medicine and Dentistry of New Jersey and received an MBA from Columbia Business School.
In connection with her appointment as Chief Operating Officer, Ms. Miller will be entitled to an annual base salary of $485,000 and, beginning for calendar year 2026, an annual bonus opportunity with a target equal to 85% of her base salary, with the actual amount of such bonus based upon achievement of performance objectives.
In addition, Ms. Miller will be entitled to an annual equity award pursuant to the Company's 2021 Equity Incentive Plan in the form of time-based restricted stock units and performance-based restricted stock units of the Company with a current aggregate target grant date value of approximately $1,500,000. The time-based restricted stock units will vest in equal installments on each of the first three anniversaries of the date of grant, generally subject to Ms. Miller's continued employment through the applicable vesting date. The performance-based restricted stock units will vest in equal installments on each of the first three anniversaries of the date of grant solely to the extent that the underlying performance targets for the relevant period are achieved, generally subject to Ms. Miller's continued employment through the applicable vesting date.