Intuitive Surgical promotes David J. Rosa to President; Guthart remains CEO

INTUITIVE SURGICAL INC

Rosa promoted to President effective May 16, 2023; will lead product, digital, quality, regulatory, supply chain, manufacturing, and commercial teams.
Annual base salary increased from $652,468 to $700,000; bonus target raised from 100% to 120% of base.
Grants of $1.5M stock option, $1.5M RSUs, and $2M PSUs awarded under 2010 Incentive Award Plan.
Gary Guthart remains CEO; Bob DeSantis named EVP and Chief Strategy and Corporate Operations Officer.
Rosa has been with Intuitive for 27 years and previously served as EVP and Chief Strategy and Growth Officer.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

David J. Rosa

President

ISRG · INTUITIVE SURGICAL INC

Effective: 2023-05-16
Filed: May 16, 2023, 7:59 PM ET

On May 15, 2023, the Board of Directors of Intuitive Surgical, Inc. (the “Company” or “Intuitive”) promoted David J. Rosa to the role of President of the Company, effective May 16, 2023.

Role change

Gary S. Guthart

President

ISRG · INTUITIVE SURGICAL INC

Effective: 2023-05-16
Successor: David J. Rosa
Filed: May 16, 2023, 7:59 PM ET

Gary S. Guthart, Ph.D., will cease to hold the title of President and will continue to serve as the Company’s Chief Executive Officer and as a member of its Board of Directors.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

David J. Rosa changed role as President at INTUITIVE SURGICAL INC.

Action: promoted
Role: President

Exact text from the filing

On May 15, 2023, the Board of Directors of Intuitive Surgical, Inc. (the “Company” or “Intuitive”) promoted David J. Rosa to the role of President of the Company, effective May 16, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Gary S. Guthart changed role as President at INTUITIVE SURGICAL INC.

Action: cease to hold title of President
Role: President

Exact text from the filing

Gary S. Guthart, Ph.D., will cease to hold the title of President and will continue to serve as the Company’s Chief Executive Officer and as a member of its Board of Directors.

View on SEC.gov

INTUITIVE SURGICAL INC filing history →

Source: SEC EDGAR

accession 0001035267-23-000142

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.