MIMEDX Announces Restructuring and Cost Reduction Initiative

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Go back to MIMEDX Announces Restructuring and Cost Reduction Initiative

MiMedx Group reduces executive pay, eliminates COO role

April 16, 2026 8:14 AM EDT

MiMedx Group Inc. (NASDAQ: MDXG) implemented a cost reduction initiative on April 14, 2026, eliminating the chief operating officer position and reducing executive compensation.

Ricci Whitlow, who held the COO position, departed the company immediately as her role was eliminated. The company stated... More