Inspire Medical Systems Welcomes Leadership Transition Plans
Inspire Medical Systems Announces Changes in Leadership
Inspire Medical Systems, Inc. (NYSE: INSP), a forward-thinking medical technology company dedicated to creating minimally invasive solutions for individuals suffering from obstructive sleep apnea, has officially announced that its Chief Financial Officer, Rick Buchholz, will be resigning from his position effective December 31, 2025. Buchholz will continue providing his expertise in a financial advisory role until February 28, 2026, to assist in the transition process.
A Leadership Journey
Rick Buchholz joined Inspire in 2014 and has since played an instrumental role in shaping the company. Tim Herbert, Chairman and Chief Executive Officer of Inspire Medical Systems, expressed deep appreciation for Buchholz's leadership and contributions. Under his guidance, the company achieved remarkable growth, skyrocketing from $4 million to over $800 million in revenue by 2024, navigating through significant milestones like its initial public offering and the challenges presented by the COVID-19 pandemic.
Transition to New Financial Leadership
As the company embarks on finding a successor for the Chief Financial Officer position, it aims to maintain the momentum built over the years. The transition is viewed as a critical step in ensuring that Inspire continues on its trajectory of growth and innovation. Buchholz himself emphasized his commitment to aiding the company in this crucial time, stating, "It has been a great honor to be a part of the Inspire journey and I am focused on helping ensure a seamless transition in leadership."
Overview of Company Performance
Inspire Medical Systems is reaffirming its revenue guidance for the full year 2025, projecting revenues of between $900 and $910 million along with a gross margin guidance of 84% to 86%. Additionally, the company anticipates a diluted net income per share in the range of $0.40 to $0.50, showcasing its solid foundation and strategic growth plans moving forward.
About Inspire Medical Systems
Inspire is committed to transforming the landscape of sleep apnea treatment through its pioneering Inspire therapy. This unique neurostimulation technology is not only FDA approved but also meets international standards, establishing it as a safe and effective solution for individuals with moderate to severe obstructive sleep apnea. Inspire is dedicated to improving patient outcomes through innovation in medical technology.
Looking Ahead
With a focus on continuous improvement and adaptation in the medical technology field, Inspire Medical Systems is preparing for a future marked by robust leadership. The company aims to expand its market reach while maintaining a clear focus on its innovative therapy solutions.
Frequently Asked Questions
What is the reason for Rick Buchholz stepping down?
Rick Buchholz is resigning to pursue other professional opportunities but will assist with a transition in a financial advisory role.
When will the transition take place?
Buchholz's resignation is effective December 31, 2025, with a transition period extending through February 28, 2026.
What is the anticipated revenue for Inspire in 2025?
The company projects its revenue to be between $900 and $910 million for the full year 2025.
What role has Rick Buchholz played in Inspire's growth?
Buchholz has been integral in leading financial strategies that facilitated significant revenue growth and successful company milestones.
How does Inspire address obstructive sleep apnea?
Inspire Medical Systems offers innovative, minimally invasive solutions, including the proprietary Inspire therapy, aimed at effectively treating obstructive sleep apnea.
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