PROCEPT BioRobotics Appoints Mary Garrett to Board of Directors
PROCEPT BioRobotics Corporation (Nasdaq: PRCT) announced the appointment of Mary Garrett to its Board of Directors, increasing the board size to nine members. Ms. Garrett brings extensive experience, having previously served on the board of Hillrom Corporation and as Chief Marketing Officer for IBM Corporation. Her expertise in technology and organizational development is expected to benefit PROCEPT's growth in the urology market, especially with its AquaBeam Robotic System targeting benign prostatic hyperplasia (BPH), a condition affecting approximately 40 million men in the U.S.
- Mary Garrett's appointment is expected to enhance board expertise with her background in technology and marketing.
- Board expansion to nine members may lead to improved governance and strategic direction.
- Expected positive impact on growth as PROCEPT continues to capture a larger market share in urology.
- None.
REDWOOD CITY, Calif., Jan. 04, 2022 (GLOBE NEWSWIRE) -- PROCEPT® BioRobotics Corporation (Nasdaq: PRCT), a surgical robotics company focused on advancing patient care by developing transformative solutions in urology, today announced the appointment of Mary Garrett to its Board of Directors.
Ms. Garrett most recently served on the board of Hillrom Corporation which was acquired by Baxter International Inc. in December 2021. Ms. Garrett was the governance committee chair and served on the audit committee of Hill-Rom. She also previously served as a board member and was on the audit committee of Ethan Allen Interiors, Inc. Prior to these roles and her retirement in 2015, Ms. Garrett was the Chief Marketing Officer, Global Markets for IBM Corporation.
“Ms. Garrett’s impressive understanding of the technology industry and expertise in organizational development make her ideally suited to join PROCEPT’s board,” said Reza Zadno, PROCEPT CEO. “Her prior experience serving in multiple roles on public company boards and as a global marketing leader in large and developing markets will be very beneficial to our growing company.”
"I am pleased to join PROCEPT’s Board of Directors and be a part of a company that is using technology to advance patient care. The company’s rapid growth and ability to capture a large and expanding market are exciting, and I am looking forward to helping PROCEPT achieve these goals,” said Ms. Garrett.
With the appointment of Ms. Garrett, the Board of Directors of PROCEPT BioRobotics Corporation increased the number of directors on the Board to nine members.
About PROCEPT BioRobotics Corporation
PROCEPT is a surgical robotics company focused on advancing patient care by developing transformative solutions in urology. PROCEPT develops, manufactures and sells the AquaBeam Robotic System, an advanced, image-guided, surgical robotic system for use in minimally-invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia, or BPH. BPH is the most common prostate disease and impacts approximately 40 million men in the United States. PROCEPT designed Aquablation therapy to deliver effective, safe and durable outcomes for males suffering from lower urinary tract symptoms, or LUTS, due to BPH that are independent of prostate size and shape or surgeon experience. PROCEPT has developed a significant and growing body of clinical evidence, which includes nine clinical studies and over 100 peer-reviewed publications, supporting the benefits and clinical advantages of Aquablation therapy.
Investor Contact:
Gilmartin Group
Matt Bacso, CFA
Matt.bacso@gilmartinir.com
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