Paragon 28 CFO resigns; interim CFO appointed; Q1 prelim revenue $60.8-$61.1M, growth ~17%

Paragon 28, Inc.

CFO Steve Deitsch resigns effective April 5, 2024 to join OrganOx; Kristina Wright appointed interim CFO.
Preliminary Q1 2024 net revenue expected $60.8-$61.1M, representing 16.8%-17.4% reported growth YoY.
FY 2024 net revenue guidance reaffirmed at $249M-$259M, representing 15.1%-19.7% reported growth.
Interim CFO Kristina Wright (Board member) receives $37,267/month; permanent CFO search underway.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Steve Deitsch

Chief Financial Officer

Paragon 28, Inc.

Successor: Kristina Wright
Filed: April 4, 2024, 7:59 PM ET

On March 29, 2024, Steve Deitsch, Chief Financial Officer (“CFO”) of the Company, notified the Company of his decision to resign from his position as CFO.

Appointed (interim)

Kristina Wright

Interim Chief Financial Officer

Paragon 28, Inc.

Effective: 2024-04-03
Filed: April 4, 2024, 7:59 PM ET

the board of directors (the “Board”) of the Company appointed Kristina Wright, a member of the Board since 2021 and current Chair of the Company’s Audit Committee and a member of the Nominating and Corporate Governance Committee, as interim CFO of the Company, effective April 3, 2024.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Paragon 28, Inc. reported first quarter 2024 results: revenue $60.8 to $61.1 million. Guidance reaffirmed.

Period: first quarter 2024
Revenue: $60.8 to $61.1 million
Guidance: reaffirmed
Result: preliminary results

Exact text from the filing

Preliminary unaudited net revenue for the first quarter of 2024 is expected to be in a range of $60.8 to $61.1 million

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Steve Deitsch resigned as Chief Financial Officer at Paragon 28, Inc..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

On March 29, 2024, Steve Deitsch, Chief Financial Officer (“CFO”) of the Company, notified the Company of his decision to resign from his position as CFO.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kristina Wright was appointed as Interim Chief Financial Officer at Paragon 28, Inc..

Action: appointed
Role: Interim Chief Financial Officer

Exact text from the filing

the board of directors (the “Board”) of the Company appointed Kristina Wright, a member of the Board since 2021 and current Chair of the Company’s Audit Committee and a member of the Nominating and Corporate Governance Committee, as interim CFO of the Company, effective April 3, 2024.

View on SEC.gov

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Source: SEC EDGAR

accession 0001193125-24-086631

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