Penumbra promotes Shruthi Narayan to President, CEO remains Elsesser

Penumbra Inc

Shruthi Narayan, former President Interventional, becomes President effective Sept 1, 2025; reports to CEO Adam Elsesser.
Adam Elsesser, who previously held President role, continues as Chairman and CEO.
Narayan received equity grant of ~$2.5M in RSUs vesting over 4 years.
Spouse is CEO of N28 Technologies; Penumbra paid N28 ~$2M since Jan 2024 under approved agreements.

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