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Tandem Diabetes Care Welcomes Two New Members to Board of Directors

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Tandem Diabetes Care, Inc. (NASDAQ: TNDM) announced the appointment of Myoung Cha and Joao Malagueira as independent directors, effective June 15, 2022. John Sheridan, CEO, highlighted their extensive experience as valuable assets for the company's global expansion and product development. Cha brings over 17 years in healthcare, previously at Apple and McKinsey & Company. Malagueira has 25 years in diabetes and medical devices, currently at Hologic, with a strong record in EMEA markets. Their leadership is expected to strengthen Tandem's strategic direction.

Positive
  • Appointment of Myoung Cha and Joao Malagueira may enhance global expansion efforts.
  • Myoung Cha's experience with device-enabled care and Apple can foster innovation.
  • Joao Malagueira's extensive experience in diabetes solutions could improve market strategies.
Negative
  • None.

SAN DIEGO--(BUSINESS WIRE)-- Tandem Diabetes Care, Inc. (NASDAQ: TNDM), a global insulin delivery and diabetes technology company, today announced the appointments of Myoung Cha and Joao Malagueira as independent members of its board of directors effective June 15, 2022.

Joao Malagueira (Photo: Business Wire)

Joao Malagueira (Photo: Business Wire)

“We welcome Joao and Myoung to our Board of Directors at this exciting stage in Tandem’s evolution,” said John Sheridan, president and CEO, Tandem Diabetes Care. “Joao’s extensive international experience brings tremendous value to our Company as we continue to expand our global reach, and Myoung’s strategic experience in leading-edge consumer technology at large companies will be invaluable as we advance our product pipeline.”

Mr. Cha has more than 17 years of global experience across the healthcare value chain. Mr. Cha currently serves as President and Chief Strategy Officer at Carbon Health where he leads the omnichannel care model and the device-enabled home care operations. Prior to joining Carbon Health in June 2021, he served as Head of Health Strategic Initiatives at Apple from August 2015 to May 2021 where he developed and led product initiatives and global strategic partnerships. Earlier in his career, Mr. Cha was a Principal and Co-Leader of the West Coast Strategy and Corporate Finance Practice as well as Co-Leader of the Healthcare Investor Practice at McKinsey & Company. Mr. Cha holds a JD from Harvard Law School, an MBA from Harvard Business School and an AB in Biochemical Sciences from Harvard College.

Mr. Malagueira brings more than 25 years of experience in diabetes, medical devices and diagnostics solutions businesses with global corporations. Mr. Malagueira is currently Vice President for three divisions at Hologic and responsible for the entire portfolio in the EMEA. Prior to starting this role in January 2019, he served as International Vice President, for EMEA and Canada, for the Hologic Diagnostics Solutions division, from June 2015 to December 2018. He possesses extensive experience and proven success of go-to-market models and strategies in Europe, Africa, CIS, and the Middle East. Prior to Hologic, Mr. Malagueira enjoyed more than 15 years at Johnson & Johnson, in commercial leading roles across EMEA, where he led successful turnarounds and market share growth of the diabetes solutions businesses, LifeScan and Animas. Mr. Malagueira holds an MBA and an Advanced Degree in Marketing from Catolica Lisbon School of Business and Economics. He holds a MS in Pharmaceutical Sciences and Clinical Analysis from University of Lisbon.

About Tandem Diabetes Care, Inc.

Tandem Diabetes Care, Inc., a global insulin delivery and diabetes technology company based in San Diego, California, creates new possibilities for people living with diabetes, their loved ones, and healthcare providers through a positively different experience. The Company’s human-centered approach to design, development, and support delivers innovative products and services for people who use insulin. Tandem manufactures and sells the t:slim X2 insulin pump with Control-IQ technology. For more information, visit tandemdiabetes.com.

Tandem Diabetes Care is a registered trademark and t:slim X2 is a trademark of Tandem Diabetes Care, Inc.

Follow Tandem Diabetes Care on Twitter @tandemdiabetes; use #tslimX2, and $TNDM.
Follow Tandem Diabetes Care on Facebook at www.facebook.com/TandemDiabetes.
Follow Tandem Diabetes Care on LinkedIn at https://www.linkedin.com/company/tandemdiabetes.

Media Contact:

Steve Sabicer

714-907-6264

ssabicer@thesabicergroup.com

Investor Contact:

Susan Morrison

858-366-6900

IR@tandemdiabetes.com

Source: Tandem Diabetes Care, Inc.

FAQ

What are the recent changes in Tandem Diabetes Care's board of directors?

Tandem Diabetes Care appointed Myoung Cha and Joao Malagueira as independent board members effective June 15, 2022.

Who are the newly appointed directors of Tandem Diabetes Care?

The new directors are Myoung Cha, currently the President at Carbon Health, and Joao Malagueira, Vice President at Hologic.

What is Myoung Cha's experience before joining Tandem Diabetes Care?

Myoung Cha has over 17 years in healthcare, including leadership roles at Apple and McKinsey & Company.

How might Joao Malagueira's appointment impact Tandem Diabetes Care?

His extensive experience in diabetes and global markets can enhance Tandem’s strategic initiatives.

What is the significance of the board changes for Tandem Diabetes Care investors?

The new appointments could lead to improved strategic direction and market performance, potentially benefiting investors.

Tandem Diabetes Care, Inc.

NASDAQ:TNDM

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Medical Devices
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United States of America
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