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Global Public Affairs +1-202-997-7373 Intuitive President David J. Rosa Appointed to Intuitive Board of Directors Sunnyvale, Calif.

Key Takeaway: Intuitive Surgical, a leader in robotic-assisted surgery, announced the appointment of David J. Rosa to its Board of Directors effective July 24, 2024. Rosa, who has been with the company for nearly 27 years, will join CEO Gary S. Guthart, adding valuable operational experience to the Board. His prior roles encompass various key functions, indicating a well-rounded leadership skills set that benefits the company's strategic direction. The Board's expansion from eleven to twelve members underscores the company's commitment to enhancing governance and operational excellence.

Market Sentiment Analysis

POSITIVE FACTORS

  • David J. Rosa brings almost 27 years of experience to the Board.
  • His appointment is seen as a positive step for operational excellence.
  • The expansion of the Board indicates growth and strategic development.

Full Press Release Details

EX-99.1 2 q324ex991boardappointment-.htm EX-99.1 Document Exhibit 99.1 Contact Global Public Affairs +1-202-997-7373 Intuitive President David J. Rosa Appointed to Intuitive Board of Directors Sunnyvale, Calif., July 25, 2024 - Intuitive (NASDAQ ISRG), a global technology leader in minimally invasive care and the pioneer of robotic-assisted surgery, announced today that Intuitive President David J. Rosa has been appointed to the Company's Board of Directors, effective July 24, 2024. Rosa joins Intuitive CEO Gary S. Guthart, PhD, as one of two Intuitive executives on the Company's Board. As president, Rosa manages Intuitive's core business operations, which is balanced by Guthart's focus on enterprise strategy and corporate functions. Together, Rosa and Guthart represent more than 50 years of Intuitive leadership. Intuitive appointed Rosa as president in May 2023. Over his nearly 27-year tenure with the company, Rosa has held leadership positions across multiple functions including product development, commercial operations, and clinical and regulatory affairs, and his executive leadership has spanned more than a decade. Currently, Rosa oversees Intuitive's business unit, quality, regulatory, manufacturing, and commercial operations. He also serves as chairman of the board of Intuitive-Fosun, the joint venture between Intuitive and Fosun Pharma based in Shanghai, China. "Intuitive's Board leadership will benefit from Dave Rosa's deep and broad experience across the company, as well as his commitment to excellence in operations, innovation, and customer collaboration," said Guthart. "Balancing strategy and operations on the Board of Directors adds an important dimension to Intuitive stewardship." A holder of multiple patents, Rosa earned a BS in mechanical engineering from California Polytechnic University at San Luis Obispo and an MS in mechanical engineering from Stanford University. He also serves on the board of Kardium Inc., where he is a member of the compensation committee. Rosa has been appointed to a newly created seat following expansion of the Intuitive Board from eleven to twelve directors. About Intuitive Surgical, Inc. Intuitive (NASDAQ ISRG), headquartered in Sunnyvale, California, is a global leader in minimally invasive care and the pioneer of robotic-assisted surgery. Our technologies include the da Vinci surgical systems and the Ion endoluminal system. By uniting advanced systems, progressive learning, and value-enhancing services, we help physicians and their teams optimize care delivery to support the best outcomes possible. At Intuitive, we envision a future of care that is less invasive and profoundly better, where disease is identified early and treated quickly, so that patients can get back to what matters most. Page 1 of 1

Frequently Asked Questions

Who is the new member of Intuitive's Board of Directors?

Intuitive's Board has welcomed David J. Rosa as a new director effective July 24, 2024.

What position does David J. Rosa currently hold at Intuitive?

David J. Rosa serves as the President of Intuitive, overseeing core business operations.

How long has David J. Rosa worked at Intuitive?

David J. Rosa has nearly 27 years of experience at Intuitive, holding various leadership roles.

What educational background does David J. Rosa have?

Rosa holds a BS and an MS in mechanical engineering from California Polytechnic and Stanford.

Why was the Intuitive Board expanded?

The Board was expanded from eleven to twelve directors to create a new seat for Rosa.

Last updated: Jul 25, 2024