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Intuitive Surgical long-time CEO to step down; shares drop

ReutersMay 15, 2025 1:39 PM

Shares of medical device maker Intuitive Surgical ISRG.O fall 2% to $555 in early trading

ISRG says long-time CEO Gary Guthart to step down, effective July 1; President Dave Rosa promoted as CEO

Guthart, who has been at the helm since 2010, will take on a new role as executive chair of Intuitive's board

Current board Chair Craig Barratt will become lead independent director

As of last close, stock up 8.4% YTD

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