8-KLeadership Changes

INTUITIVE SURGICAL INC 8-K Report, Executive Changes (Oct 25, 2013)

Filed October 25, 2013For Securities:ISRG

Summary

Intuitive Surgical, Inc. (ISRG) announced a key executive appointment in an 8-K filing dated October 25, 2013. The company's Board of Directors appointed Mr. Jamie E. Samath as the Principal Accounting Officer, effective immediately. Mr. Samath will continue to hold his current responsibilities as Vice President and Corporate Controller. This appointment signifies a formal recognition of his role in financial oversight and reporting at the company. Mr. Samath brings a wealth of experience in accounting and financial management, having joined Intuitive Surgical in April 2013 as Vice President and Corporate Controller. His prior experience includes significant roles at Atmel Corporation, where he served as Principal Accounting Officer, and National Semiconductor Corporation, where he held various senior finance positions, including Principal Accounting Officer. Investors can view this as a positive step in ensuring robust financial governance and expertise within the company's leadership.

Key Highlights

  • 1Jamie E. Samath appointed as Principal Accounting Officer, effective October 24, 2013.
  • 2Mr. Samath will continue to serve as Vice President and Corporate Controller.
  • 3This appointment follows Mr. Samath's joining Intuitive Surgical in April 2013.
  • 4Mr. Samath has prior experience as a Principal Accounting Officer at Atmel Corporation.
  • 5He also held significant finance and accounting roles at National Semiconductor Corporation for over 20 years.
  • 6The appointment is effective immediately upon the Board of Directors' vote.
  • 7Mr. Samath is a Certified Public Accountant (inactive).

Frequently Asked Questions

Mr. Jamie E. Samath has been appointed as the Principal Accounting Officer of Intuitive Surgical, Inc.

Mr. Samath will continue to serve as Vice President and Corporate Controller in addition to his new role as Principal Accounting Officer.

Mr. Samath joined Intuitive Surgical in April 2013.

Yes, Mr. Samath served as Principal Accounting Officer at Atmel Corporation from December 2011 to April 2013 and also held this role at National Semiconductor Corporation from June 2005 to June 2010.