The CEO of a medical services provider with a $432 million, no-bid contract with the city to house and care for migrants abruptly resigned Friday following a report that he lied about having a graduate degree from Clarkson University.
A filing with the Securities and Exchange Commission showed that Anthony Capone resigned as CEO of DocGo โeffective immediatelyโ on Friday.
The filing cited โpersonal reasonsโ for his departure, one day after the Albany Times Union reported that Clarkson had no record of Capone attending the school where he claimed to have earned a graduate degree โย including in assertions he made to investors last month. Capone told investors that he had a degree in โcomputational learning theory, which is a subset of artificial intelligence,โ according to the paper, which also first reported Caponeโs departure.
Lee Bienstock, DocGoโs chief operating officer and company president, has stepped into the CEO role, the filing reads. DocGo spokesperson Michael Padovano said the company was โgratefulโ for Caponeโs leadership โthroughout his tenure.โ
โ[Bienstock] has assumed the role of CEO, and we have full confidence in his ability to lead the company forward,โ Padovano said in a statement. โWe remain committed to our mission of delivering high quality, highly accessible healthcare for all.โ
The company is embroiled in a dispute between Mayor Eric Adamsโ administration and city Comptroller Brad Lander, who earlier this month rejected the $432 million no-bid contract for housing migrants in the city and across the state.
In a Sept. 5 letter to Housing Preservation and Development Commissioner Adolfo Carriรณn Jr., Lander cited โnumerous outstanding issues and concernsโ with the contract, including an apparent lack of expertise and the cityโs insufficient justification for the price tag.
โAfter thorough review, we are returning the contract to HPD and encouraging them to reconsider whether this vendor is…
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