ALAMEDA,
Calif., Feb. 21, 2025 /PRNewswire/ -- Penumbra,
Inc. (NYSE: PEN), the world's leading thrombectomy company,
announced today that after 17 years of distinguished service, Don
Kassing has notified the company that he will retire from the
board of directors effective April 1,
2025. Kassing joined Penumbra's Board of Directors in 2008
and has served as Presiding Director since 2015.
"We are grateful for Don's many contributions to the board
over the years, particularly his wisdom and guidance in complex
situations and through our phases of growth," said Adam Elsesser, board chair, president and chief
executive officer of Penumbra. "We also thank Don for his steadfast
leadership and dedication to helping Penumbra advance our mission
of helping more and more people over the years."
Mr. Kassing is President Emeritus of San
Jose State University. Mr. Kassing served as President of
San Jose State University from 2004 to
2008, Interim President from 2010 to 2011, and Vice President,
Administration and Finance and Chief Financial Officer from 1993 to
2004. Prior to his tenure at San Jose State
University, Mr. Kassing spent 18 years in higher education
and 11 years in private industry, including eight years in
merchandising/marketing and operations management at Caleres, Inc.
(formerly known as the Brown Group, Inc.), a leading footwear
retailer and wholesaler, and spent 3 years in corporate finance at
the General Motors Corporation. Mr. Kassing received a B.A. and an
M.B.A. from Saint Louis University.
About Penumbra
Penumbra, Inc., the world's leading
thrombectomy company, is focused on developing the most innovative
technologies for challenging medical conditions such as ischemic
stroke, venous thromboembolism such as pulmonary embolism, and
acute limb ischemia. Our broad portfolio, which includes computer
assisted vacuum thrombectomy (CAVT), centers on removing blood
clots from head-to-toe with speed, safety and simplicity. By
pioneering these innovations, we support healthcare providers,
hospitals and clinics in more than 100 countries, working to
improve patient outcomes and quality of life. For more information,
visit www.penumbrainc.com and connect
on Instagram, LinkedIn and X.
Investor Relations
Penumbra, Inc.
investors@penumbrainc.com
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SOURCE Penumbra, Inc.
