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Abiomed Announces Appointment of Dr. Myron Rolle to Board of Directors

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Abiomed (NASDAQ: ABMD) has appointed Dr. Myron Rolle to its Board of Directors, effective immediately. Dr. Rolle, a neurosurgeon and Rhodes scholar, will serve on the Governance and Nominating Committee and the Regulatory and Compliance Committee, expanding the board to eight directors. His experience in medical technology and public health is expected to enhance the company's mission to address health disparities. Dr. Rolle emphasized his commitment to improving patient outcomes and extending access to Abiomed's life-saving technologies.

Positive
  • Appointment of Dr. Myron Rolle adds expertise in medical technology and public health.
  • Dr. Rolle's background may contribute to addressing health disparities and enhancing patient outcomes.
  • Diversification of board skills may strengthen governance.
Negative
  • Potential concerns about continuity and experience gaps with the addition of a new board member.

Abiomed (NASDAQ: ABMD) announces the appointment of Myron Rolle, MD, to the Abiomed Board of Directors, effective immediately. Dr. Rolle will serve as a member of the Governance and Nominating Committee and Regulatory and Compliance Committee of the board. With the appointment of Dr. Rolle, the board now comprises of eight active directors.

Dr. Myron Rolle joins the Abiomed Board of Directors (Photo: Business Wire)

Dr. Myron Rolle joins the Abiomed Board of Directors (Photo: Business Wire)

Dr. Rolle is a neurosurgeon, Rhodes scholar, and former professional football player in the National Football League. He developed and published the Rolle Scoring System, a public health rating scale used to determine a developing country’s governance around helmet safety to prevent traumatic brain injury. He has been recognized by the Congress of Neurological Surgeons for demonstrating the best operative technique in the reconstruction of upper extremity motor function using intercostal nerve transfers after a traumatic brachial plexus injury. Dr. Rolle is the chairman of the Myron L. Rolle Foundation, which provides health, wellness and education services to underserved populations in the United States and the Bahamas. He is the founder of the CARICOM Neurosurgical Initiative, a capacity-building and health system-strengthening project for improved neurosurgical care in the Caribbean.

“As someone practicing medicine today, Dr. Rolle understands the role of medical technology in improving outcomes for patients,” said Michael R. Minogue, Chairman, President and Chief Executive Officer of Abiomed. “Dr. Rolle’s experience as a Rhodes scholar, professional athlete and physician will bring unique perspective to our board. His non-profit leadership in addressing health inequities will help advance Abiomed’s initiative to partner with hospitals in inner cities to reduce health disparities.”

“Dr. Rolle’s appointment reflects Abiomed’s commitment to ensuring we have a broad mix of skills and viewpoints on the board. We look forward to benefiting from Dr. Rolle’s experience as we continue to grow the company,” said Dorothy E. Puhy, lead independent director of the Abiomed Board of Directors and former executive vice president, chief operating officer and assistant treasurer at Dana Farber Cancer Institute.

“I am excited to join the Abiomed Board of Directors and contribute to the company’s long-term growth and success. Abiomed is a company I truly believe in. Its patients first mission aligns with my professional and personal desire to make a positive impact on the lives of others,” said Dr. Rolle. “I look forward to working with Abiomed management and my fellow directors to be a valuable contributor to the board, to further improve outcomes for patients, and to help provide access to Abiomed’s life-saving technology to more people.”

ABOUT ABIOMED

Based in Danvers, Massachusetts, USA, Abiomed, Inc. is a leading provider of medical devices that provide circulatory support and oxygenation. Our products are designed to enable the heart to rest by improving blood flow and/or provide sufficient oxygenation to those in respiratory failure. For additional information, please visit: www.abiomed.com.

FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements. Forward-looking statements are subject to risks and uncertainties such as those described in Abiomed's periodic reports on file with the Securities and Exchange Commission. Actual results may differ materially from anticipated results.

FAQ

What is the significance of Dr. Myron Rolle's appointment to Abiomed's board?

Dr. Rolle's appointment brings valuable medical and public health expertise, which aligns with Abiomed's mission to improve patient outcomes.

How does Dr. Rolle's experience impact Abiomed's strategy?

His background in neurosurgery and public health may enhance Abiomed's initiatives to reduce health disparities and improve access to technology.

What committees will Dr. Myron Rolle serve on at Abiomed?

Dr. Rolle will serve on the Governance and Nominating Committee and the Regulatory and Compliance Committee.

How many members are on Abiomed's Board of Directors now?

With Dr. Rolle's appointment, the board now comprises eight active directors.

Abiomed, Inc.

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