Intuitive Surgical promotes President Dave Rosa to CEO effective July 1, 2025

INTUITIVE SURGICAL INC

David J. Rosa promoted to CEO effective July 1, 2025; he previously served as President.
Current CEO Gary Guthart becomes Executive Chair; Board Chair Craig Barratt becomes Lead Independent Director.
Rosa's base salary increases from $825k to $925k; bonus target raised from 125% to 150% of salary.
Rosa receives RSUs valued at $4M and PSUs valued at $4M, vesting over 4 years and performance-based.
Guthart's base salary reduced to $700k; he will remain employee in senior advisory capacity.

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

Chief Executive Officer

ISRG · INTUITIVE SURGICAL INC

Effective: 2025-07-01
Filed: May 15, 2025, 7:59 PM ET

On May 14, 2025, the Board of Directors (the “Board”) of Intuitive Surgical, Inc. (the “Company”) appointed David J. Rosa, currently the Company’s President, as Chief Executive Officer of the Company effective July 1, 2025.

Role change

Craig H. Barratt

lead independent director

ISRG · INTUITIVE SURGICAL INC

Effective: 2025-07-01
Filed: May 15, 2025, 7:59 PM ET

the independent directors of the Board appointed Craig H. Barratt, Ph.D., the Board’s current Chair, to serve as the lead independent director of the Board also effective July 1, 2025.

Role change

Gary S. Guthart

Executive Chair of the Board

ISRG · INTUITIVE SURGICAL INC

Effective: 2025-07-01
Successor: David J. Rosa
Filed: May 15, 2025, 7:59 PM ET

Mr. Rosa will replace Gary S. Guthart, Ph.D., who will step down as Chief Executive Officer of the Company effective July 1, 2025 and will assume the position of Executive Chair of the Board as of that same date, and will continue to serve as a director.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.99

David J. Rosa was appointed as Chief Executive Officer at INTUITIVE SURGICAL INC.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On May 14, 2025, the Board of Directors (the “Board”) of Intuitive Surgical, Inc. (the “Company”) appointed David J. Rosa, currently the Company’s President, as Chief Executive Officer of the Company effective July 1, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.99

Craig H. Barratt was appointed as lead independent director at INTUITIVE SURGICAL INC.

Action: appointed as lead independent director
Role: lead independent director

Exact text from the filing

the independent directors of the Board appointed Craig H. Barratt, Ph.D., the Board’s current Chair, to serve as the lead independent director of the Board also effective July 1, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.99

Gary S. Guthart changed role as Executive Chair of the Board at INTUITIVE SURGICAL INC.

Action: step down as Chief Executive Officer and assume position of Executive Chair
Role: Executive Chair of the Board

Exact text from the filing

Mr. Rosa will replace Gary S. Guthart, Ph.D., who will step down as Chief Executive Officer of the Company effective July 1, 2025 and will assume the position of Executive Chair of the Board as of that same date, and will continue to serve as a director.

View on SEC.gov

INTUITIVE SURGICAL INC filing history →

Source: SEC EDGAR

accession 0001035267-25-000161

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