INTUITIVE SURGICAL, INC. (NASDAQ:ISRG) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 25, 2017, the Board of Directors (the “Board”) of Intuitive Surgical, Inc. (“Intuitive”) approved the appointment of Salvatore J. Brogna as Executive Vice President and Chief Operating Officer, effective November 1, 2017. In connection with the promotion, the Compensation Committee of the Board approved an increase in Mr. Brogna’s annual base salary to $550,000. As Executive Vice President and Chief Operating Officer, Mr. Brogna will be responsible for research, development, manufacturing operations, service operations, regulatory affairs, and product and corporate marketing. Mr. Brogna, age 63, joined Intuitive in October 1999, and was promoted to Vice President, Engineering in July 2005. In August 2010, Mr. Brogna was appointed as Senior Vice President, Product Development. In June 2015, Mr. Brogna was promoted to the position of Executive Vice President, Product Operations.
About INTUITIVE SURGICAL, INC. (NASDAQ:ISRG)
Intuitive Surgical, Inc. (Intuitive) designs, manufactures and markets da Vinci Surgical Systems, and related instruments and accessories. The Company’s da Vinci Surgical System consists of a surgeon’s console, a patient-side cart and a vision system. The da Vinci Surgical System translates a surgeon’s hand movements, which are performed on instrument controls at a console, into corresponding micro-movements of instruments positioned inside the patient through small incisions or ports. The da Vinci Surgical System provides its operating surgeons with control, range of motion, tissue manipulation solution and three-dimensional (3-D), high-definition vision. It allows surgeons to work through the small ports enabled by minimally invasive surgery procedures. Its da Vinci Surgery utilizes computational, robotic and imaging technologies. It focuses on five surgical specialties: gynecologic surgery, urologic surgery, general surgery, cardiothoracic surgery, and head and neck surgery.
