Merit Medical's President Joseph C. Wright will resign from his post on January 3, 2025.
Prior to his resignation, the company had been notified of allegations regarding Wright's conduct, which it investigated with the assistance of independent counsel. The allegations were unrelated to Merit's operations or financial performance, Merit said.
Replacing Wright will be Fred P. Lampropoulos, who has served as president in the past and currently serves as the company's board chair and CEO. Lampropoulos founded Merit Medical Systems in 1987.
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