Merit Medical (MMSI) announced the resignation of its president, Joseph Wright, effective January 3, 2025. The company noted that prior to Wright’s resignation, Merit had received notice of allegations regarding his conduct, which Merit’s independent directors investigated with the assistance of independent counsel. The company said the allegations were unrelated to Merit’s operations or financial performance. Based upon Wright’s resignation, Merit’s board of directors has re-appointed Fred Lampropoulos as Merit’s president.
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