Tactile Medical CEO transition and preliminary Q1 revenue ~$61M

TACTILE SYSTEMS TECHNOLOGY INC

CEO Dan Reuvers to retire June 30, 2024; Sheri Dodd appointed CEO effective July 1, 2024.
Sheri Dodd most recently President of Medtronic Canada; has served on TCMD board since 2021.
Preliminary Q1 2024 revenue ~$61M, up from $58.8M in Q1 2023.
Dodd's initial annual base salary $650K, target bonus 90%, equity awards $1.725M (RSUs+PSUs).
Reuvers to remain as advisor through March 2025 and on board.

item 2.02 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.

Appointed

Sheri L. Dodd

Chief Executive Officer

TCMD · TACTILE SYSTEMS TECHNOLOGY INC

Effective: 2024-07-01
Filed: April 23, 2024, 7:59 PM ET

the Board of Directors has appointed Sheri L. Dodd as the Company’s Chief Executive Officer, effective July 1, 2024

Departed

Daniel L. Reuvers

Chief Executive Officer

TCMD · TACTILE SYSTEMS TECHNOLOGY INC

Effective: 2024-06-30
Successor: Sheri L. Dodd
Filed: April 23, 2024, 7:59 PM ET

Daniel L. Reuvers has informed the Company’s Board of Directors of his decision to retire as Chief Executive Officer, effective as of June 30, 2024

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TACTILE SYSTEMS TECHNOLOGY INC reported the fiscal quarter ended March 31, 2024 results: revenue approximately $61 million.

Period: the fiscal quarter ended March 31, 2024
Revenue: approximately $61 million
Result: preliminary results

Exact text from the filing

veteran and board director Sheri Dodd appointed as Chief Executive Officer · Preliminary, unaudited total revenue for first quarter of 2024 expected to be approximately $61 million · Management to host conference call on May 6, 2024 to discuss first quarter 2024 financial results MINNEAPOLIS, MN, April 23, 2024 – Tactile Systems Technology, Inc. (“Tactile

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Sheri L. Dodd was appointed as Chief Executive Officer at TACTILE SYSTEMS TECHNOLOGY INC.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

the Board of Directors has appointed Sheri L. Dodd as the Company’s Chief Executive Officer, effective July 1, 2024

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Daniel L. Reuvers departed as Chief Executive Officer at TACTILE SYSTEMS TECHNOLOGY INC.

Action: retire
Role: Chief Executive Officer

Exact text from the filing

Daniel L. Reuvers has informed the Company’s Board of Directors of his decision to retire as Chief Executive Officer, effective as of June 30, 2024

View on SEC.gov

499 earnings releases filed in the last 30 days. Browse all earnings releases →

TACTILE SYSTEMS TECHNOLOGY INC filing history →

Source: SEC EDGAR

accession 0001104659-24-050589

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.