R1 RCM Inc. announced that on January 15, 2021, John Sparby was appointed to serve as Executive Vice President, Operations & Delivery and Chief Operating Officer of the Company. Mr. Sparby, age 45, had been serving as Executive Vice President, Customer Operations of the Company since January 2017. Mr. Sparby joined the Company in January 2004 as Customer Executive and has since served the Company as Shared Services Operating Executive from January 2008 to December 2010, General Manager, East Region from January 2011 to December 2013, Senior Vice President, Customer Operations from January 2014 to December 2016, and Executive Vice President, Customer Operations from January 2017 to December 2020. Prior to joining the Company, Mr. Sparby spent six years at Stockamp & Associates leading large-scale, end to end revenue cycle re-engineering projects for primarily academic health systems achieving significant income statement and balance sheet improvements. In connection with Mr. Sparby’s appointment as Executive Vice President, Operations & Delivery and Chief Operating Officer, the Human Capital Committee (the “Committee”) of the Board of Directors of the Company approved the following compensation for Mr. Sparby: Mr. Sparby’s base salary will be $500,000 per annum, Mr. Sparby’s annual target bonus opportunity under the annual cash incentive program will be 100% of base salary, and the target amount of his annual equity grants for 2021 will be 200% of base salary. Mr. Sparby is also eligible to participate in the employee benefit programs of the Company generally available to senior executives of the Company.