Merit Medical Executive Leadership Team Update
15 Mai 2024 - 10:05PM
Merit Medical Systems, Inc. (NASDAQ: MMSI), a global leader of
healthcare technology, today announced the appointment of Joe
Wright as President, effective immediately. As President, Mr.
Wright will be responsible for the oversight of Merit’s global
commercial, marketing, and manufacturing operations.
Mr. Wright has been an instrumental part of the Merit team over
the past 19 years. He most recently served as Chief Commercial
Officer, where he led the development and expansion of Merit’s
global commercial activities. Prior to that, he served as President
of Merit’s International Division, leading Merit’s business units
across APAC and the Americas, where he oversaw the development of
Merit’s commercial strategy and led the expansion of the company’s
international footprint, including the creation of Merit China in
Beijing and the Merit Asia headquarters in Hong Kong.
“Investing in our people is a core part of the growth and
profitability of our Continued Growth Initiatives Program,” said
Fred P. Lampropoulos, Merit Medical’s Chairman and CEO. “Joe has
been central to executing our strategic plan and positioning the
company for continued success, including spearheading our
commercialization efforts and overseeing significant international
expansion, engineering the advanced capabilities of our renal
therapies group, including the integration of the business and
assets we acquired from AngioDynamics in 2023, and directing the
development of our commercial excellence initiatives globally. He
is a valuable member of our leadership team, and I look forward to
continuing to work closely with him to improve the lives of
patients and drive sustained value creation for our
shareholders.”
“I am honored to take on the role of President at this important
point in Merit’s journey,” said Mr. Wright. “I have been a part of
this team for almost two decades and have developed a deep
appreciation of Merit’s innovative technology, global access,
unique and successful culture, alignment of values within the
healthcare system and opportunities for growth. I look forward to
advancing our CGI objectives, improving the profitability of our
business, and investing in our future.”
Merit’s Board of Directors is continuing the process of
identifying potential internal and external CEO candidates in
preparation for the previously announced retirement of Mr.
Lampropoulos at the end of 2025. The process is being overseen by
Merit’s independent directors with the assistance of Korn Ferry, a
leading executive search firm. Merit does not intend to provide
further updates on the process until such time as a successor is
designated.
ABOUT JOE WRIGHT
Joe Wright joined Merit Medical in 2005 and has served in a
variety of roles, including most recently as Chief Commercial
Officer, where he was responsible for leading the company’s overall
commercial strategy. Prior to this, Mr. Wright served as President
of Merit’s International Division, leading business units across
APAC and the Americas. He also previously served as President of
Merit Technology Group, overseeing Merit OEM, Merit Sensor and
MCTec B.V. and as Vice President of Global Marketing. During his
tenure, Mr. Wright oversaw the creation of Merit China in Beijing.
He also established Merit Asia in Hong Kong, the company’s
headquarters in Southeast Asia and expanded Merit’s presence with
facilities and personnel in Australia, Brazil, Canada, India,
Japan, Malaysia, South Korea, Taiwan and Vietnam. Before joining
Merit, Mr. Wright held sales, marketing, and business development
positions with Motorola and Micron. He holds Bachelor of Arts and
Masters of Business Administration degrees from Columbia
University.
ABOUT MERIT MEDICAL
Founded in 1987, Merit Medical Systems, Inc. is engaged in the
development, manufacture, and distribution of proprietary
disposable medical devices used in interventional, diagnostic, and
therapeutic procedures, particularly in cardiology, radiology,
oncology, critical care, and endoscopy. Merit serves client
hospitals worldwide with a domestic and international sales force
and clinical support team totaling more than 700 individuals. Merit
employs approximately 7,000 people worldwide.
TRADEMARKS
Unless noted otherwise, trademarks and registered trademarks
used in this release are the property of Merit Medical Systems,
Inc., its subsidiaries, or its licensors.
CONTACTS
PR/Media Inquiries Sarah Comstock Merit Medical +1-801-432-2864
| sarah.comstock@merit.com
Investor InquiriesMike Piccinino, CFA, IRC Westwicke - ICR
+1-443-213-0509 | mike.piccinino@westwicke.com
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