Winter Springs, Florida, July 29, 2019 – iRadimed Corporation (NASDAQ: IRMD) announced today that its Board of Directors unanimously appointed Leslie McDonnell, to succeed Roger Susi as President and Chief Executive Officer. Mr. Susi will step down as President and CEO on August 19, 2019 after leading the Company since its founding 27 years ago. Mr. Susi will remain highly engaged with the company by continuing as its Chairman and in the new position of Chief Technology Officer. Ms. McDonnell was also elected to the Board of Directors effective August 19, 2019.

Under Mr. Susi’s leadership, Iradimed has achieved many milestones:


· Developed and commercialized the world’s first and only non-magnetic MRI compatible IV infusion pump

· Completed a successful initial public offering in July 2014

· Increased revenue from $7.7 million in 2012 to $30.4 million in 2018, a compound annual growth rate of nearly 26%


“Founding and growing iRadimed with the purpose of improving patient care has been an incredible experience and I am proud of everyone that has been involved. I am truly excited about the future of iRadimed and look forward to my continued engagement focusing solely on engineering and the development of our new products that are aimed at fueling our continued organic growth,” said Susi.

“After a rigorous selection process, the Board and I believe that Leslie is the perfect person to lead the company through our next growth phase. She is a dynamic leader with deep industry experience and a strong strategic vision,” said Susi.

Ms. McDonnell is a healthcare business executive with extensive global experience in medical devices, supplies and equipment. Prior to her appointment as iRadimed’s President and CEO, Ms. McDonnell, 46, served as Vice President and General Manager of the Newborn Care business unit at Natus Medical. Prior to joining Natus Medical, she was Global Business Vice President for the Critical & Chronic Care Solutions Division of 3M Healthcare. Ms. McDonnell also held senior leadership positions at Medtronic in corporate M&A, business development, new therapy and product development, and marketing and business management. She earned a Bachelor of Science in Business and a Masters of Business Administration as an International Business Fellow from the Carlson School of Management at the University of Minnesota.

“iRadimed is a true pioneer in non-magnetic MRI compatible products. I am honored to have been chosen to lead this company. I believe deeply in the future of iRadimed and the opportunity to expand its positive impacts on patient care,” said McDonnell.

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