Butterfly Announces CEO Transition

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BURLINGTON, Mass. & NEW YORK– Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly” the “Company”), a digital health company transforming care with handheld, whole-body ultrasound, announced that the Company and Todd Fruchterman, M.D., Ph.D. have mutually agreed that Dr. Fruchterman will leave his position as President and Chief Executive Officer and as a member of the Board of Directors. Dr. Fruchterman will partner with Butterfly’s leadership team through the end of the year to ensure a smooth transition.

“On behalf of the Board I want to thank Todd for his vision, passion and dedication to Butterfly during his tenure,” said Jonathan Rothberg, Founder and Chairman of the Board. “Todd has built a highly capable leadership team, who will function in the interim to ensure continuity while we conduct a search for a new chief executive who will continue the company’s growth.”

Dr. Rothberg will serve as Interim CEO during this time of transition and will work closely with Butterfly’s executive team to continue to drive the Company forward and ensure business continuity during the search for a permanent replacement.