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NVRO

Nevro

$44.76 /

+0.37 (+0.83%)

16:39
03/19/19
03/19
16:39
03/19/19
16:39

Nevro CEO Rami Elghandour steps down, D. Keith Grossman to succeed

Nevro announced that D. Keith Grossman has been appointed President and CEO of Nevro and a member of the Board of Directors, effective March 19. Grossman succeeds Rami Elghandour, who has stepped down as President, CEO and a director of the company. Nevro also appointed two new independent directors, Elizabeth Weatherman and Kevin O'Boyle, effective immediately, and accepted the resignation of Ali Behbahani as a director. The leadership appointments follow constructive engagement with Broadfin Capital, a significant Nevro stockholder. Pursuant to the agreement between Broadfin and Nevro, Broadfin will vote all of its shares in favor of each of the company's Board nominees at the 2019 Annual Meeting. Broadfin will also abide by customary standstill provisions and voting commitments. Following the changes announced, the Nevro Board consists of nine members.

  • 20

    Mar

  • 21

    Mar

NVRO Nevro
$44.76 /

+0.37 (+0.83%)

02/22/19 BMO Capital
Nevro downgraded to Market Perform from Outperform at BMO Capital
11/27/18 UBS
Nevro initiated with a Sell at UBS
11/27/18
Nevro initiated with a Sell at UBS
11/07/18
Nevro downgraded to Neutral on reduced growth at BofA/Merrill

TODAY'S FREE FLY STORIES

Initiation
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Conference/Events
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Conference/Events
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Conference/Events
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