iRhythm® Technologies Announces Leadership Transition

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iRhythm Technologies (IRTC) Sinks as CEO Departs, Citi Downgrades to 'Neutral'

June 2, 2021 9:31 AM EDT

Shares of iRhythm Technologies (NASDAQ: IRTC) are down 20% in early trading after Mike Coyle, President and CEO of the company, has decided to resign from his position, effective June 1, citing personal matters.

The companys CFO Douglas Devine will step up as interim chief executive officer until a new CEO is appointed. iRhythm said Coyle will continue to provide consulting services to the company until it finds a permanent CEO replacement.

On behalf of the Board, we would like to thank Mike for his leadership of the Company since joining in... More