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Penumbra Inc.
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Penumbra Inc.

Penumbra Appoints Shruthi Narayan as President

| 8-K |Healthcare

Summary

Penumbra, Inc. announced on August 22, 2025, the appointment of Shruthi Narayan as President, effective September 1, 2025. Narayan, a seasoned leader with over 20 years in the medical device industry, has been instrumental in building Penumbra's interventional business. In connection with her new role, she received an equity grant of restricted stock units valued at approximately $2.5 million. The company also issued a press release on August 27, 2025, to announce the appointment.

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About Penumbra Inc.

Penumbra Inc. is a prominent player in the healthcare sector, focusing primarily on the development and commercialization of innovative medical devices. Known for its customer-centric approach, the company operates within the specialized field of interventional therapies, particularly in neuro and vascular medical devices. Penumbra’s products are crucial for addressing critical conditions such as stroke and peripheral artery diseases. By pioneering minimally invasive solutions, the company significantly contributes to enhancing patient outcomes and reshaping intervention methods in the medical field. Founded in 2004 and headquartered in Alameda, California, Penumbra plays a vital role in the medical device industry with its commitment to advancing healthcare technologies. Its solutions are not only pivotal in specialized medical procedures but also support the healthcare ecosystem's broader objective of improving care and saving lives, making it a key entity amongst healthcare providers and hospitals worldwide.

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