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Tactile Systems Technology (TCMD) has shared an announcement.
Daniel L. Reuvers will retire as CEO of the Company on June 30, 2024, and Sheri L. Dodd will take over as CEO effective July 1, 2024. Dodd, with extensive leadership experience at Medtronic and Johnson & Johnson, joined the Company’s Board in 2021. Her initial CEO compensation includes a $650,000 base salary, potential for a 90% bonus, equity awards, and standard executive benefits. Reuvers will stay on as an advisor with a salary of $525,000 until March 2025, foregoing further bonuses or equity grants.
For an in-depth examination of TCMD stock, go to TipRanks’ Stock Analysis page.
