The CEO of 360 Behavioral Health, an autism therapy provider based in Chatsworth, California, is stepping down from his role. Rob Marsh will be transitioning to a board member position while exploring other opportunities. He took on the CEO role in January 2022 and will be completing his tenure on April 30. Kate Sheldon-Princi, the current chief operating officer, will serve as the interim CEO following Marsh’s departure.
360 Behavioral Health was acquired by private equity firm DW Healthcare Partners in August 2018. The company was founded in 2003 by Ali Sadeghi and Leili Zarbakhsh and was previously known as California Psychcare before the acquisition by DW Healthcare Partners. During Marsh’s time as CEO, significant changes took place within the company. A round of layoffs was implemented in response to stagnant payer rates, the rapid growth of various platform companies, and challenges in staff recruitment and retention.
However, the business has since stabilized, with improved rates and hiring practices. The company is now focusing on expansion, with plans to open two locations in Nebraska.
The autism therapy industry has seen several leadership changes recently as leaders of other major providers like BlueSprig Pediatrics and NeurAbilities Healthcare have also announced their departures.
360 Behavioral Health currently operates 21 autism therapy centers and nine support services locations in California, providing a range of services such as respite care and personal assistance.
The latest CEO transition marks another chapter in the company’s ongoing journey towards success in the autism therapy industry.