Company Appointment - Inspire Medical Systems has appointed Matt Osberg as CFO, filling the vacancy left by Rick Buchholz [2] - Osberg will start on January 19, following Buchholz's advisory role until late February [2] Background of New CFO - Osberg is from Minneapolis, a medtech hub, but has previously worked outside the medtech industry [3] - His prior experience includes roles at Apogee Enterprises, Helen of Troy, and Best Buy [3] CEO's Perspective - Inspire CEO Tim Herbert noted that while Osberg lacks medtech experience, the company prioritized other attributes over industry-specific background [4] - Herbert emphasized the search for a candidate who could help the company advance to the next level [5] Financial Performance - Inspire expects fourth-quarter sales to be between $268.9 million and $269.1 million, reflecting approximately 12% year-over-year growth [5] - This sales range exceeds the consensus Wall Street estimate of $262.2 million [5] Future Guidance - Inspire's initial guidance for 2026 is just over $1 billion in full-year sales, aligning with Wall Street expectations [6] - Analysts view this guidance as a reasonable baseline for investors, not factoring in potential increased reimbursement [6]
Inspire appoints Matt Osberg as CFO
Yahoo Finance·2026-01-13 10:00