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Merit Medical Systems ( (MMSI) ) has shared an announcement.
Merit Medical Systems announced the resignation of its President, Joseph C. Wright, effective January 3, 2025, following an investigation into allegations about his conduct unrelated to the company’s operations or financial performance. As a result of Wright’s resignation, Fred P. Lampropoulos has been re-appointed as President, a role he previously held, while Wright enters a Separation Agreement with Merit detailing his entitlements and restrictive covenants.
More about Merit Medical Systems
Founded in 1987, Merit Medical Systems, Inc. is a global leader in healthcare technology, specializing in the development, manufacture, and distribution of disposable medical devices for interventional, diagnostic, and therapeutic procedures, with a focus on cardiology, radiology, oncology, critical care, and endoscopy. The company supports hospitals worldwide with a comprehensive sales force and employs approximately 7,200 people globally.
YTD Price Performance: 27.87%
Average Trading Volume: 395,183
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $5.66B
Find detailed analytics on MMSI stock on TipRanks’ Stock Analysis page.
