PROCEPT BioRobotics appoints Larry Wood as CEO, pre-announces Q2 revenue of $79.2M (+48% YoY)

PROCEPT BioRobotics Corp

Larry L. Wood becomes President and CEO effective Sept 2, 2025; succeeds Reza Zadno who retires.
Q2 2025 revenue pre-announced at ~$79.2M, representing 48% year-over-year growth.
Wood receives base salary $925K, target bonus 100% of base, sign-on $1.7M, and equity awards totaling ~$18M.
Zadno enters 18-month consulting agreement; severance includes 12 months base salary and COBRA.
Wood previously served as Corporate VP at Edwards Lifesciences; has been on PROCEPT board since 2024.

item 2.02item 5.02item 7.01item 9.01

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.