CareCloud, Inc. announced that effective as of January 17, 2024, Larry Steenvoorden, the Chief Financial Officer and the company agreed to a mutual separation. Mr. Steenvoorden?s separation is not the result of any disagreement with the company or its Board of Directors or management relating to the company's operations, policies or practices or any issues regarding its accounting policies or practices. As part of Mr. Steenvoorden?s separation, the company entered into a Separation Agreement and Release whereby he will receive $233,333 and the employer portion of COBRA coverage, less applicable payroll deductions, to be paid over eight months.

Effective January 17, 2024, Norman Roth the company's Controller and Principal Accounting Officer has been appointed Interim Chief Financial Officer until such time as a new Chief Financial Officer is appointed. Mr. Roth, 68, joined the company as the Controller and Principal Accounting Officer in September 2014. Prior to joining the Registrant, Mr. Roth worked as a forensic accountant since 2003 primarily in the accounting malpractice area.

From 1991 through 2002, Mr. Roth served as the Director of External Reporting, Treasury and Tax and later as Business Manager of WWOR-TV. Mr. Roth began his career at Ernst & Young LLP in 1977 and left as a senior manager after 13 years of service. Mr. Roth received his Bachelor of Arts degree summa cum laude from Rutgers College and his Master of Business Administration -Taxation from Fairleigh Dickinson University.

Mr. Roth is a certified public accountant and a certified fraud examiner.