Outset Medical Names Business Leader Dale E. Jones to Board of Directors

Rhea-AI Summary

Outset Medical, Inc. (NASDAQ: OM) has appointed Dale E. Jones to its Board of Directors, effective immediately. With over 30 years of experience in team building and human capital issues, Jones aims to contribute to Outset's growth in the medical technology sector. His previous roles include Senior Advisor at Diversified Search Group and CEO for over eight years. Outset's flagship product, the Tablo Hemodialysis System, simplifies dialysis for patients and providers, highlighting the company's commitment to innovation in healthcare.

Positive

• Appointment of Dale E. Jones expected to bring extensive experience and leadership to the Board.
• Jones's background in human capital may enhance team dynamics and strategic direction.
• Outset's innovative Tablo Hemodialysis System continues to provide significant advancements in dialysis care.

Negative

• Potential concerns regarding the continuity of leadership during the transition period.

SAN JOSE, Calif.--(BUSINESS WIRE)-- Outset Medical, Inc. (Nasdaq: OM) (“Outset”), a medical technology company reducing the cost and complexity of dialysis, today announced the appointment of Dale E. Jones to its Board of Directors.

“Dale brings more than 30 years of experience in building diverse and dynamic teams to Outset at a time of exceptional growth for our team,” said Chair and CEO Leslie Trigg. “He leads with purpose and deeply understands the role values and culture play in building high-performance organizations, critical traits as we focus on transforming dialysis.”

Mr. Jones is a Senior Advisor at Diversified Search Group, and previously served as its CEO for more than eight years. He began his career in banking, before moving into executive search as a managing partner in the Atlanta office of Heidrick & Struggles International in 1999. In 2007, he relocated to Washington, D.C. to lead a philanthropic initiative, endowed by AOL founder Steve Case and his wife, Jean, that was dedicated to providing access to clean water in Africa. Mr. Jones returned to executive search in 2009, rejoining Heidrick & Struggles to serve as Vice Chairman and Partner of the CEO and Board Practice, where he consulted CEOs and corporate boards on human capital issues including recruiting, retention, succession planning, and corporate governance.

“I am inspired by the work Outset Medical is doing to improve the lives of dialysis patients and look forward to contributing to its continued growth,” said Mr. Jones. “The company has demonstrated an impressive track record of building an exceptional organization, attracting top talent and, importantly, delivering exceptional results.”

Mr. Jones serves on the boards of Northwestern Mutual, The Special Olympics, Chick-fil-A, and his alma mater, Morehouse College. He has been appointed to the compensation committee of the Outset Board.

About Outset Medical, Inc.

Outset is a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexity of dialysis. The Tablo Hemodialysis System, FDA-cleared for use from the hospital to the home, represents a significant technological advancement that transforms the dialysis experience for patients and operationally simplifies it for providers. Tablo serves as a single enterprise solution that can be utilized across the continuum of care, allowing dialysis to be delivered anytime, anywhere and by anyone. The integration of water purification and on-demand dialysate production enables Tablo to serve as a dialysis clinic on wheels, with 2-way wireless data transmission and a proprietary data analytics platform powering a new holistic approach to dialysis care. Tablo is a registered trademark of Outset Medical, Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220425005711/en/

Investor Contact

Jim Mazzola

jmazzola@outsetmedical.com



Media Contact

Nicole Shannon

Director, Marketing Communications for Outset Medical

nshannon@outsetmedical.com

Source: Outset Medical, Inc.

FAQ

Who is Dale E. Jones and what is his role at Outset Medical?

Dale E. Jones has been appointed to the Board of Directors of Outset Medical, bringing over 30 years of experience in team building and executive roles.

What impact will Dale E. Jones have on Outset Medical?

His experience in human capital and organizational leadership is expected to strengthen Outset Medical's strategic direction and team performance.

What is the significance of the Tablo Hemodialysis System for Outset Medical?

The Tablo Hemodialysis System represents a significant technological advancement, simplifying dialysis and improving patient care.