iRhythm Technologies (NSDQ:IRTC) announced today that it appointed Quentin Blackford as its new president & CEO.
Blackford will assume the role of president & CEO and become a member of the company’s board of directors effective Oct. 4, 2021. The company had been searching for a CEO since June when Mike Coyle announced that he would step down for personal reasons — only half a year after he left Medtronic to join the company. CFO Douglas Devine has served as interim CEO since Coyle’s departure and will continue to do so until Blackford’s position is made effective next month.
Blackford joins as a veteran of more than 20 years in the medical device and digital health space, most recently serving as COO at Dexcom, having initially joined the diabetes technology developer as CFO in 2017.
Before Dexcom, Blackford served as NuVasive’s EVP, CFO, and head of strategy and corporate integrity. Before that, he held multiple roles at Zimmer Holdings. Blackford is currently an independent member of the board of directors at Alphatec and Axogen.
“Quentin is a world-class leader who has been at the center of growth and market expansion at multiple premier medtech companies,” iRhythm chairman of the board Abhijit Talwalkar said in the release. “Quentin has a strong track record of engaging teams to instill excellence across global operations. He shares our commitment to innovation and appreciates the important role it has in improving lives. We are delighted to welcome him to iRhythm to drive our next phase of growth.”
iRhythm develops the Zio XT ambulatory cardiac monitor, a wearable ECG device meant to be smaller and more comfortable than a traditional Holter monitor while still offering accuracy in cardiac monitoring.
“I am excited to be joining iRhythm as CEO,” said Mr. Blackford. “iRhythm’s business is built around innovative technology with differentiated capabilities that providers and patients value. This is a powerful platform for growth and I am looking forward to joining the iRhythm team to help capitalize on the company’s many opportunities.”