Intuitive Surgical Inc
NASDAQ:ISRG

Watchlist Manager
Intuitive Surgical Inc Logo
Intuitive Surgical Inc
NASDAQ:ISRG
Watchlist
Price: 537.02 USD 1.86% Market Closed
Market Cap: 191.3B USD
Have any thoughts about
Intuitive Surgical Inc?
Write Note

Intuitive Surgical Inc
Investor Relations

In the rapidly evolving landscape of medical technology, Intuitive Surgical Inc. stands as a pioneer, revolutionizing the way surgeries are performed through its groundbreaking robotic systems. Founded in 1995, the company has set the benchmark for minimally invasive surgery with its flagship product, the da Vinci Surgical System. This sophisticated platform integrates advanced robotics, 3D visualization, and intuitive controls to enable surgeons to perform intricate procedures with precision and control that far surpass conventional methods. By enhancing the dexterity of the human hand and allowing for remarkably steady movements, the system reduces the physical strain on surgeons while improving patient outcomes in terms of reduced recovery time, minimized scarring, and lower risk of infection.

Intuitive Surgical’s business model is both innovative and practical, capitalizing on a combination of product sales, ongoing service agreements, and instrument and accessory sales. Initially, hospitals and medical centers invest significantly in acquiring the da Vinci Systems, providing Intuitive with substantial capital inflows. However, the true genius of the company's revenue model lies in its ecosystem approach; ongoing revenue is generated through the sale of disposable instruments and components needed for each surgery. Additionally, the firm offers extensive maintenance and support services, ensuring that healthcare providers maximize their return on investment while maintaining optimal performance of their surgical systems. This balanced model creates a consistent and reliable income stream, enhancing the company's financial stability and enabling it to invest continually in research and development.

Show more

Earnings Calls

Show Transcript
Previous
Next
Loading

Management

Dr. Gary S. Guthart Ph.D.
CEO & Director

Dr. Gary S. Guthart is the Chief Executive Officer of Intuitive Surgical Inc., a role he has held since January 2010. He joined the company in 1996, shortly after it was founded, and has played a significant role in its development and success. Dr. Guthart started at Intuitive Surgical as part of the engineering team and later took on various leadership roles, including Vice President of Engineering, Senior Vice President of Product Operations, and Chief Operating Officer. Dr. Guthart earned his Bachelor of Science degree in Engineering from the University of California, Berkeley. He then went on to complete his Master’s and Ph.D. in Engineering Science at the California Institute of Technology (Caltech), with a focus on dynamics and control systems. Before his time at Intuitive Surgical, he worked on technologies related to advanced robotic and ambulatory systems at NASA’s Jet Propulsion Laboratory and at Stanford University Research Institute (SRI). Under Dr. Guthart's leadership, Intuitive Surgical has become the leader in robotic-assisted surgery, known for its da Vinci Surgical System. He has been instrumental in fostering innovation in medical robotics, surgical innovation, and digital platforms, significantly impacting minimally invasive surgery’s landscape. His vision has helped the company grow its product portfolio and expand its global reach, and he is regarded as a pioneering figure in the field of medical robotics.

Mr. David J. Rosa
President & Director

David J. Rosa is a prominent executive at Intuitive Surgical Inc., a company renowned for its innovative advancements in robotic-assisted surgical systems, particularly the da Vinci Surgical System. Mr. Rosa has played a significant role in enhancing the company's global presence and operational efficiency. Having earned his Bachelor of Science in Engineering from Michigan State University and later an MBA from the University of Michigan, Mr. Rosa's strong educational background has contributed to his ability to lead effectively within the highly technical field of medical devices. Mr. Rosa joined Intuitive Surgical in 1996 and has held various leadership roles throughout his tenure, contributing to the company’s rapid growth and success. In his capacity as an executive, he has been involved in overseeing product development, marketing strategies, and global sales, helping to drive the adoption of robotic-assisted surgical systems around the world. His leadership is marked by a focus on innovation and expanding the clinical and economic benefits of robotic surgery, ensuring that Intuitive Surgical remains at the forefront of the medical technology industry. Through his strategic vision and deep understanding of the healthcare landscape, David J. Rosa continues to influence the field significantly and has become a respected figure within the industry.

Mr. Jamie E. Samath
Senior VP & CFO

Jamie E. Samath is a notable executive in the medical technology industry, currently serving as the Senior Vice President and Chief Financial Officer (CFO) of Intuitive Surgical Inc., a company renowned for its innovative robotic-assisted surgical systems. He joined Intuitive in 2018, bringing with him extensive experience in financial management and strategic planning. Before his tenure at Intuitive Surgical, Samath held significant roles at other major corporations. He worked at the global software leader Verifone, where he served as Senior Vice President of Corporate Finance. With a strong background in finance, he was instrumental in managing financial operations and contributed to strategic decision-making processes. His career began at Ernst & Young, where he acquired valuable skills in auditing and accounting, giving him a solid foundation for his later roles. Jamie E. Samath's expertise extends to financial strategy, operational efficiency, and stakeholder communication, making him a key leader in ensuring the financial health and strategic growth of Intuitive Surgical. His leadership has been pivotal in maintaining the company's position at the forefront of surgical innovation.

Mr. Henry L. Charlton
Senior VP & Chief Commercial and Marketing Officer

Henry L. Charlton is a prominent figure at Intuitive Surgical Inc., where he holds the position of Executive Vice President and Chief Commercial Officer. In this executive role, Charlton is responsible for overseeing the company's global commercial operations. This includes driving the strategic direction for sales, marketing, and service activities, which are critical for the company's growth and success in the field of robotic-assisted surgery. Charlton brings extensive experience in the medical device industry to his role at Intuitive Surgical. Prior to joining the company, he held various leadership positions that helped him build a robust foundation in healthcare technology and commercial strategy. His expertise lies in developing and executing plans that enhance market penetration and foster sustainability and innovation in medical technology solutions. Under Charlton's leadership, Intuitive Surgical continues to expand its footprint in the surgical landscape, with a focus on delivering value to healthcare providers and improving patient outcomes through the use of advanced robotic systems such as the da Vinci Surgical System. His commitment to excellence and innovation is evident in his efforts to cultivate strong partnerships and drive the company's mission forward.

Mr. Robert DeSantis
Executive VP and Chief Strategy & Corporate Operations Officer
No Bio Available
Mr. Fredrik Widman
VP, Principal Accounting Officer & Corporate Controller

Fredrik Widman serves as the Vice President of Research and Development at Intuitive Surgical, Inc. In his role, Widman is responsible for overseeing the technological advancements and innovation strategies that drive the company's development of cutting-edge surgical robotics solutions. Under his leadership, the R&D team works to enhance and expand the capabilities of Intuitive Surgical's da Vinci Surgical System, aiming to improve its clinical applications and overall efficacy in minimally invasive surgeries. Widman's background in engineering and commitment to innovation play a crucial role in maintaining Intuitive Surgical's position as a leader in the field of robotic-assisted surgery.

Mr. Brian King
VP, Treasurer & Head of Investor Relations

Brian King is the Chief Operating Officer (COO) of Intuitive Surgical Inc., a role he has held since 2019. In this capacity, he is responsible for overseeing the company's global operations, including manufacturing, supply chain, quality assurance, regulatory affairs, and corporate real estate. Under his leadership, Intuitive Surgical has been able to enhance operational efficiency and scale its production capabilities to meet the growing demand for its robotic-assisted surgical systems. Before becoming the COO, King had extensive experience within Intuitive Surgical, having joined the company in 2009. Over the years, he has held various leadership positions that contributed to the company's growth and innovation in the field of surgical robotics. His background in engineering and management has been instrumental in his ability to drive process improvements and implement strategic initiatives. Brian King holds a Bachelor of Science in Industrial Engineering and has completed executive education programs to further refine his leadership skills. His strategic vision and operational expertise continue to support Intuitive Surgical's mission to advance minimally invasive care through innovative technology.

Mr. Gary H. Loeb J.D.
Senior VP, General Counsel & Chief Compliance Officer

Gary H. Loeb, J.D., is an accomplished executive known for his legal and leadership role at Intuitive Surgical, Inc., a company that designs, manufactures, and markets robotic products for minimally invasive surgery. As an integral part of Intuitive Surgical, Loeb holds the position of Executive Vice President and General Counsel. In this role, he is responsible for overseeing the company's legal affairs, including compliance, intellectual property, corporate governance, and regulatory matters. Before joining Intuitive Surgical, Loeb garnered extensive experience in the life sciences and biotechnology sectors. He served as Senior Vice President and General Counsel at Amyris, where he played a crucial role in managing legal affairs and corporate transactions. His background also includes significant tenure at Genentech, a biotechnology company known for its focus on oncology, immunology, and other specialties. During his time at Genentech, Loeb held various legal positions, contributing to the company’s growth and navigating complex legal landscapes. Gary H. Loeb obtained his Juris Doctor (J.D.) degree from Columbia University School of Law and his Bachelor’s degree from Harvard University. His education and diverse experience have equipped him with a comprehensive understanding of the legal and regulatory challenges in the healthcare and biotechnology fields, making him a valuable asset to Intuitive Surgical’s executive team.

Dr. Christopher R. Carlson Ph.D.
Executive Vice President of Research, Corporate Development & Intuitive Ventures

Dr. Christopher R. Carlson is the Head of Discovery for the Applied Research Group at Intuitive Surgical Inc., a global leader in robotic-assisted surgical technologies. With a focus on advancing the capabilities of surgical robotics, Dr. Carlson leads initiatives that explore novel technologies and techniques to enhance surgical precision and patient outcomes. He has a robust background in engineering and research, contributing significantly to the development of cutting-edge medical devices. Under his leadership, the research group seeks to innovate and integrate new discoveries into practical solutions for minimally invasive surgery, thereby fostering advancements in the field of surgical robotics.

Ms. Patricia Wadors
Chief Human Resources Officer

Patricia "Pat" Wadors is a prominent figure in the field of human resources and corporate leadership, known for her strategic approach to talent management and organizational development. She is the Chief People Officer at Intuitive Surgical Inc., a company that specializes in robotic-assisted surgical systems. In her role, Wadors focuses on enhancing employee experience, fostering an inclusive company culture, and implementing innovative HR practices to support the company's growth and mission. Before joining Intuitive Surgical, Wadors held significant leadership positions in a variety of high-profile companies. She served as the Chief Talent Officer and CHRO at ServiceNow and LinkedIn, where she was instrumental in transforming HR practices and advancing diversity and inclusion initiatives. Her career also includes roles at Plantronics, Yahoo!, and Align Technologies. Wadors is noted for her advocacy of diversity, equity, and inclusion in the workplace, and she frequently speaks on these topics at industry conferences and events. Her leadership style emphasizes empathy, transparency, and the empowerment of employees to drive both individual and organizational success. Her contributions to HR and her influence on corporate culture have earned her recognition as an industry leader, and she continues to shape the ways in which companies approach human capital and employee engagement.

Contacts

Address
CALIFORNIA
Sunnyvale
1020 Kifer Rd
Contacts