What's Happening?
Penumbra, Inc., a leading thrombectomy company, has announced the promotion of Shruthi Narayan to President, effective September 1, 2025. Narayan, who has been with Penumbra since 2013, previously led the company's interventional business. Her new role will involve overseeing the company's strategic initiatives and expanding its market leadership in medical device innovation. Narayan's extensive experience in the medical device industry, including her work at Medtronic, positions her to drive Penumbra's growth and enhance its global impact.
Why It's Important?
Narayan's promotion to President is a strategic move for Penumbra as it continues to innovate in the medical device sector. Her leadership is expected to further the company's mission of advancing technologies for conditions like stroke and pulmonary embolism. This change in leadership could lead to increased market share and improved patient outcomes, benefiting healthcare providers and patients worldwide. Penumbra's focus on innovation and Narayan's vision are likely to sustain the company's growth trajectory and reinforce its position as a leader in thrombectomy solutions.
