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Intuitive Surgical logoIntuitive Surgical ISRG

Intuitive Surgical said it promoted Jamie E. Samath from Senior Vice President to Executive Vice President, Chief Financial Officer and Head of Business Technology, effective January 1, 2025.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Intuitive Surgical said it promoted Jamie E. Samath from Senior Vice President to Executive Vice President, Chief Financial Officer and Head of Business Technology, effective January 1, 2025.

  2. The company said it raised Samath's annual base salary from $605,000 to $683,000 in connection with his promotion, and increased his target annual cash bonus opportunity, as a percentage of base salary, from 65% to 100%.

  3. Intuitive said it promoted Henry L. Charlton from Senior Vice President to Executive Vice President, Chief Commercial and Marketing Officer, effective January 1, 2025.

  4. The company also said it raised Charlton's annual base salary from $600,000 to $670,000 in connection with his promotion, and increased his target annual cash bonus opportunity, as a percentage of base salary, from 65% to 100%.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Jamie E. Samath Promotion

Intuitive Surgical said it promoted Jamie E. Samath from Senior Vice President to Executive Vice President, Chief Financial Officer and Head of Business Technology, effective January 1, 2025.

Source · Based on the filing body and exhibits

Samath Base Salary and Target Bonus Increase

The company said it raised Samath's annual base salary from $605,000 to $683,000 in connection with his promotion, and increased his target annual cash bonus opportunity, as a percentage of base salary, from 65% to 100%.

Source · Based on the filing body and exhibits

Henry L. Charlton Promotion

Intuitive said it promoted Henry L. Charlton from Senior Vice President to Executive Vice President, Chief Commercial and Marketing Officer, effective January 1, 2025.

Source · Based on the filing body and exhibits

Charlton Base Salary and Target Bonus Increase

The company also said it raised Charlton's annual base salary from $600,000 to $670,000 in connection with his promotion, and increased his target annual cash bonus opportunity, as a percentage of base salary, from 65% to 100%.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.