Merit Medical Systems Appoints Joe Wright as President

Merit Medical Systems, Inc. (NASDAQ: MMSI) has appointed Joe Wright as President, effective immediately. Mr. Wright, who has been with the company for almost two decades, will be responsible for overseeing Merit’s global commercial, marketing, and manufacturing operations. Prior to this role, he served as Chief Commercial Officer and President of Merit’s International Division. Under his leadership, Merit expanded its global footprint, including the creation of Merit China in Beijing and the Merit Asia headquarters in Hong Kong.

Fred P. Lampropoulos, Merit Medical’s Chairman and CEO, highlighted Joe Wright's instrumental role in executing the company’s strategic plan and positioning it for continued success. He mentioned that Mr. Wright spearheaded Merit’s commercialization efforts, oversaw significant international expansion, and directed the development of the company’s commercial excellence initiatives globally.

Mr. Wright expressed his honor in taking on the role of President and his commitment to advancing Merit’s Continued Growth Initiatives (CGI) objectives, improving the profitability of the business, and investing in its future.

Merit's Board of Directors is currently identifying potential internal and external CEO candidates in preparation for the retirement of Mr. Lampropoulos at the end of 2025.

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. The company serves client hospitals worldwide and employs approximately 7,000 people globally.

No further updates on the CEO succession process will be provided until a successor is designated. As a result of these announcements, the company's shares have moved -0.4% on the market, and are now trading at a price of $81.89. For the full picture, make sure to review Merit Medical Systems's 8-K report.

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