Terren Peizer

Terren Peizer is a prominent businessman and investor with a diverse background in various industries. Here are some key details about his career and current roles:

Career Highlights

Terren Peizer has held numerous executive positions throughout his career, including:

• Founder, Chairman and CEO of Acuitas Group Holdings since 2004, a personal holding company for portfolio companies and investments.2
• Founder, Chairman and CEO of Ontrak, Inc. since 2004, an AI and telehealth-enabled outpatient healthcare treatment company.2
• Chairman and CEO of BioVie Inc. since 2018, a bio-pharma company focused on liver disease treatments.2
• Founder, Chairman and CEO of NeurMedix, Inc. since 2015, a bio-pharmaceutical company focused on neurological disorders.2
• Chairman and CEO of Verde, Inc. since 2020, a company producing biodegradable plastics.2
• Executive Chairman of EVmo, Inc. from January 2021 to February 2023, a technology-enabled fleet management and rental company.134

Background and Experience

Peizer's earlier career included roles in the financial sector:

• Senior Vice President at Drexel Burnham Lambert from 1985 to 1990.2
• Vice President at First Boston from 1983 to 1985.2
• Associate in International Equity Arbitrage at Goldman Sachs from 1980 to 1983.2

Education

Peizer attended The Wharton School at the University of Pennsylvania, where he earned a Bachelor of Science in Economics.2

Recent Developments

It's important to note that Terren Peizer has faced legal issues recently:

• In June 2024, Peizer was convicted by a federal jury of three counts of insider trading and securities fraud related to his role at Ontrak Inc. He faces a maximum penalty of 65 years in prison, with sentencing scheduled for February 2025.3
• Peizer resigned as CEO and Chairman of Ontrak Inc. in March 2023 following charges of insider trading and securities fraud.3
• He also resigned as Executive Chairman of EVmo in February 2023, coinciding with the company defaulting on a $7.5 million loan.34

These recent legal and professional developments have significantly impacted Peizer's career and standing in the business world.