AdaptHealth, Teufel part ways
By HME News Staff
Updated 9:55 AM CDT, Wed September 20, 2023
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PLYMOUTH MEETING, Pa. – AdaptHealth and Crispin Teufel have agreed to terminate Teufel’s employment contract.
The company had appointed Teufel as CEO in June, with a start date of Sept. 1, but he was sued in August by former employer Linde, which was seeking to block his appointment for an unspecified time. In the lawsuit, Linde alleged breach of contract, breach of duty of loyalty and misappropriation of trade secrets.
In a filing in late August with the U.S. Securities and Exchange Commission, AdaptHealth said a U.S. District Court issued a temporary restraining order preventing Teufel from starting his employment with AdaptHealth until Oct. 15.
Richard Barasch, who stepped in as interim CEO on July 1 after the departure of Stephen Griggs, will remain in the role until a successor is found.
AdaptHealth is not named in the lawsuit.
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