CNBC News Releases



The Amazon-Berkshire-JPM health venture led by Atul Gawande has a COO: Jack Stoddard

  • Atul Gawande has found a COO to help him lead the still-unnamed Amazon, Berkshire Hathaway and J.P. Morgan health venture.
  • That person is Jack Stoddard, formerly of Comcast and UnitedHealth.
  • Stoddard starts today, sources say.

Christina Farr@chrissyfarr

Amazon, Berkshire Hathaway and J.P. Morgan have found a chief operations officer to run their new health venture.

The group has hired Jack Stoddard, most recently the general manager for digital health at Comcast. Previously, he was on the founding team of Accolade, a Comcast Ventures-backed start-up that helps workers manage their health benefits. He was also part of the executive team that created claims processing engine Optum, which was later acquired by UnitedHealth.

"We are very pleased to welcome Jack Stoddard to our team. He will serve as the Chief Operating Officer of the organization going forward," said a spokesperson.

Sources say that Stoddard's first day is today.

Author and physician Atul Gawande officially started as CEO of the still-unnamed venture in July, where he kicked off the search for a team. The goal of the group is still murky, but J.P. Morgan's Jamie Dimon recently told CNBC that the initiative will likely start small, in a similar manner to Amazon's small-scale operation during its first few years.

The group has previously said it is looking to tackle the problem of rising health care costs for its combined 1.2 million workers. Many employers are finding that their costs are going up every year, but health outcomes are not improving.

Disclosure: Comcast owns NBCUniversal, the parent company of CNBC.

About CNBC:

With CNBC in the U.S., CNBC in Asia Pacific, CNBC in Europe, Middle East and Africa, and CNBC World, CNBC is the recognized world leader in business news and provides real-time financial market coverage and business information 410 million homes worldwide, including more than 90 million households in the United States and Canada. CNBC also provides daily business updates to 400 million households across China. The network's 15 live hours a day of business programming in North America (weekdays from 4:00 a.m. - 7:00 p.m. ET) is produced at CNBC's global headquarters in Englewood Cliffs, N.J., and includes reports from CNBC News bureaus worldwide. CNBC at night features a mix of new reality programming, CNBC's highly successful series produced exclusively for CNBC and a number of distinctive in-house documentaries.

CNBC Digital delivers more than 52 million multi-platform unique visitors each month. provides real-time financial market news and information to CNBC's investor audience. CNBC Make It is a digital destination focused on making you smarter about how you earn, save and spend your money by zeroing in on careers, leadership, entrepreneurship and personal finance.

CNBC has a vast portfolio of digital products, offering CNBC content to a variety of platforms such as:; CNBC PRO, a premium service that provides in-depth access to Wall Street; a suite of CNBC mobile apps for iOS and Android devices; Amazon Alexa, Google Assistant and Apple Siri voice interfaces; and streaming services including Apple TV, Roku, Amazon Fire TV, Android TV and Samsung Smart TVs. To learn more, visit

Members of the media can receive more information about CNBC and its programming on the NBCUniversal Media Village Web site at For more information about NBCUniversal, please visit