iRhythm COO Douglas Devine resigns; reaffirms 2023 revenue guidance of $475-485M

iRhythm Holdings, Inc.

Douglas Devine resigned as COO on March 10, 2023; will serve as executive advisor through July 3, 2024.
Devine receives 12 months base salary severance, $69K bonus, and continued equity vesting under consulting agreement.
Daniel Wilson's role changes to EVP of Corporate Development and Investor Relations, dropping Corporate Strategy.
2023 revenue guidance reaffirmed at $475-485M, representing 16-18% growth over prior year.
Gross margin guidance 69-70%; adjusted EBITDA margin expected -0.5% to 0.5% of revenues.

item 5.02 item 7.01

Executive movements

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Role change

Daniel Wilson

Executive Vice President of Corporate Development and Investor Relations

IRTC · iRhythm Holdings, Inc.

Effective: 2023-03-10
Filed: March 15, 2023, 7:59 PM ET

Daniel Wilson’s role will change from the Company’s Executive Vice President of Corporate Strategy, Corporate Development and Investor Relations to Executive Vice President of Corporate Development and Investor Relations

Departed

Douglas Devine

Chief Operating Officer

IRTC · iRhythm Holdings, Inc.

Effective: 2023-03-10
Filed: March 15, 2023, 7:59 PM ET

Douglas Devine resigned from his position as Chief Operating Officer of the Company

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Daniel Wilson changed role as Executive Vice President of Corporate Development and Investor Relations at iRhythm Holdings, Inc..

Action: role change
Role: Executive Vice President of Corporate Development and Investor Relations

Exact text from the filing

Daniel Wilson’s role will change from the Company’s Executive Vice President of Corporate Strategy, Corporate Development and Investor Relations to Executive Vice President of Corporate Development and Investor Relations

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Douglas Devine resigned as Chief Operating Officer at iRhythm Holdings, Inc..

Action: resigned
Role: Chief Operating Officer

Exact text from the filing

Douglas Devine resigned from his position as Chief Operating Officer of the Company

View on SEC.gov

iRhythm Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001388658-23-000041

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