MiMedx Group reduces executive pay, eliminates COO role
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MIMEDX Announces Restructuring and Cost Reduction Initiative
April 16, 2026 8:00 AM EDTCompany Expects to Realize Annualized Savings of Approximately $40 Million
MARIETTA, Ga., April 16, 2026 (GLOBE NEWSWIRE) -- MiMedx Group, Inc. (Nasdaq: MDXG) (MIMEDX or the Company) today announced a series of cost reduction initiatives intended to prioritize growth opportunities, streamline operations and significantly reduce operating expenses. As part of these changes, the position of Chief Operating Officer, held by Ricci Whitlow, has been eliminated.
On behalf of the Board and management team, I want to thank Ricci for her innumerable contributions to MIMEDX and her exceptional leadership in helping to build and scale our operations,... More
