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Penumbra Inc Promotes Shruthi Narayan to President

Penumbra, Inc. has recently announced the promotion of Shruthi Narayan to the role of President, effective September 1, 2025. She has been with the company since 2013 and was previously the President of Penumbra's interventional business. In her most recent role, she led the day-to-day operations and growth initiatives of both the company’s neuro and vascular franchises.

Ms. Narayan has a strong background in the medical device industry, with a 20-year career that began at Medtronic in 2006. She holds a B.S. in electrical engineering from Anna University, India, and an M.S. in biomedical engineering from the University of Southern California, with a focus on medical device commercialization.

Penumbra, Inc. is recognized as the world’s leading thrombectomy company, with a focus on developing innovative technologies for challenging medical conditions such as ischemic stroke, venous thromboembolism such as pulmonary embolism, and acute limb ischemia. The company's broad portfolio, including computer-assisted vacuum thrombectomy (CAVT), is designed to remove blood clots from head-to-toe with speed, safety, and simplicity.

Under Ms. Narayan's leadership, Penumbra aims to sustain its exceptional growth and market leadership, expanding access to its life-saving technology to patients around the world. This signifies a continuation of the company's paradigm shift in patient care.

As of the most recent reporting period, Penumbra's financial metrics have shown significant growth. The company's revenue has increased by 15% compared to the previous period, reaching $191 million. Additionally, the net income has grown by 20% to $32 million, demonstrating the company's strong financial performance under its previous leadership.

Penumbra's global presence has also expanded, with its innovative technologies being utilized by healthcare providers, hospitals, and clinics in over 100 countries. This underscores the company's commitment to improving patient outcomes and quality of life on a global scale.

Ms. Narayan's promotion to President comes at a pivotal time for Penumbra, as the company continues to advance the most innovative technologies in blood clot care and aims to further its legacy of innovation under her leadership. As a result of these announcements, the company's shares have moved 1.24% on the market, and are now trading at a price of $269.29. For the full picture, make sure to review Penumbra Inc's 8-K report.

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