Health In Tech names Sanjay Shrestha as CEO, founder moves to chairman

Health In Tech, Inc. (Nasdaq: HIT) appointed Sanjay Shrestha as Chief Executive Officer, effective October 20, 2026, according to a company statement. Founder Tim Johnson will transition to Executive Chairman of the Board on the same date.

Shrestha previously served as President of Plug Power, Inc. (Nasdaq: PLUG), where he held senior leadership responsibilities after being appointed Chief Strategy Officer in 2019. Earlier in his career, he served as Global Head of Renewables Research at Lazard Capital Markets and held roles at First Albany Capital, Sky Capital America and in renewable energy investment banking. He is also Founder and Chief Executive Officer of Shrestha Global EPG Advisory, LLC.

Shrestha served as an independent director of Health In Tech from April 2025 to August 2026, then became Strategic Advisor to the Board in September 2026 before assuming the CEO role.

Under the new structure, Johnson will focus on long-term corporate strategy, technology innovation and product development as Executive Chairman. Shrestha will hold primary responsibility for operating performance, commercial strategy, financial execution and strategic acquisition initiatives.

The company stated its intent to evaluate potential acquisitions, strategic investments and partnerships as part of Shrestha's mandate, alongside expanding adoption of its existing platform, which includes the AI-powered HitRix marketplace.

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