Shawn McCormick - Inspire Medical Independent Director

INSP Stock  USD 157.79  1.35  0.86%   

Director

Mr. Shawn T. McCormick serves as Independent Director of the Company since January 2017. Mr. McCormick served as Chief Financial Officer of Tornier N.V., a global orthopedic company, from September 2012 until October 2015 when Tornier merged with Wright Medical Group, Inc. Before Tornier, Mr. McCormick served as Chief Operating Officer of Lutonix, Inc., a medical device company, from April 2011 to February 2012, and as Chief Financial Officer and Senior Vice President of ev3 Inc., a global endovascular company, from January 2009 to July 2010, when ev3 was acquired by Covidien plc. From 2002 to 2009, Mr. McCormick held various positions at Medtronic, including as its Vice President, Corporationrationrate Development, where he was responsible for leading Medtronics worldwide business development activities. In addition to serving on our Board of Directors, Mr. McCormick has served on the board of directors of Nevro Corporationration since September 2014 and Surmodics, Inc. since December 2015. Mr. McCormick also served on the board of directors of Entellus Medical, Inc. from November 2014 to February 2018 since 2017.
Age 56
Tenure 7 years
Professional MarksMBA
Address 5500 Wayzata Blvd., Golden Valley, MN, United States, 55416
Phone844 672 4357
Webhttps://www.inspiresleep.com
McCormick holds a B.S. in Accounting from Arizona State University and an M.B.A. from the University of Minnesota’s Carlson School of Management and is a certified public accountant . We believe Mr. McCormick’s financial expertise and extensive experience in the medical device industry enable him to make valuable contributions to our Board.

Shawn McCormick Latest Insider Activity

Tracking and analyzing the buying and selling activities of Shawn McCormick against Inspire Medical stock is an integral part of due diligence when investing in Inspire Medical. Shawn McCormick insider activity provides valuable insight into whether Inspire Medical is net buyers or sellers over its current business cycle. Note, Inspire Medical insiders must abide by specific rules, including filing SEC forms every time they buy or sell Inspire Medical'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Inspire Medical Management Efficiency

The company has return on total asset (ROA) of (0.0358) % which means that it has lost $0.0358 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0288) %, meaning that it created substantial loss on money invested by shareholders. Inspire Medical's management efficiency ratios could be used to measure how well Inspire Medical manages its routine affairs as well as how well it operates its assets and liabilities. As of 06/09/2024, Return On Tangible Assets is likely to drop to -0.03. In addition to that, Return On Capital Employed is likely to drop to -0.07. At this time, Inspire Medical's Total Current Liabilities is relatively stable compared to the past year. As of 06/09/2024, Liabilities And Stockholders Equity is likely to grow to about 710.7 M, while Non Current Liabilities Total is likely to drop slightly above 23.1 M.
Inspire Medical Systems currently holds 24.85 M in liabilities with Debt to Equity (D/E) ratio of 0.14, which may suggest the company is not taking enough advantage from borrowing. Inspire Medical Systems has a current ratio of 5.51, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Inspire Medical's use of debt, we should always consider it together with its cash and equity.
Inspire Medical Systems, Inc., a medical technology company, focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea in the United States and internationally. The company was incorporated in 2007 and is headquartered in Golden Valley, Minnesota. Inspire Medical operates under Medical Devices classification in the United States and is traded on New York Stock Exchange. It employs 485 people. Inspire Medical Systems (INSP) is traded on New York Stock Exchange in USA. It is located in 5500 Wayzata Blvd., Golden Valley, MN, United States, 55416 and employs 1,011 people. Inspire Medical is listed under Health Care Technology category by Fama And French industry classification.

Management Performance

Inspire Medical Systems Leadership Team

Elected by the shareholders, the Inspire Medical's board of directors comprises two types of representatives: Inspire Medical inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Inspire. The board's role is to monitor Inspire Medical's management team and ensure that shareholders' interests are well served. Inspire Medical's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Inspire Medical's outside directors are responsible for providing unbiased perspectives on the board's policies.
Georgia GarinoisMelenikiotou, Independent Director
Megan CPA, Director Reporting
Timothy Herbert, President, Chief Executive Officer, Director
Steven Jandrich, Chief Compliance Officer, Vice President of Human Resources
Philip Ebeling, Chief Operating Officer
Ezgi Yagci, Vice Relations
Andreas Henke, Senior Europe
Casey Tansey, Independent Director
Richard Buchholz, Chief Financial Officer
Kathy Sherwood, Senior Access
Martin Abrams, Vice Experience
Gary Ellis, Independent Director
John Rondoni, Chief Officer
Shawn McCormick, Independent Director
Carlton Weatherby, Chief Officer
Randall Ban, Senior Vice President Global Sales and Marketing
Dana Mead, Independent Director
Shelley Broader, Independent Director
Ivan Lubogo, Senior Sales
Georgia Melenikiotou, Independent Director
MD FAAOS, Chief Officer
Marilyn Nelson, Independent Chairman of the Board
Jerry Griffin, Independent Director
Bryan Phillips, Senior Vice President Chief Compliance Officer, General Counsel, Company Secretary

Inspire Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Inspire Medical a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Additional Tools for Inspire Stock Analysis

When running Inspire Medical's price analysis, check to measure Inspire Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Inspire Medical is operating at the current time. Most of Inspire Medical's value examination focuses on studying past and present price action to predict the probability of Inspire Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inspire Medical's price. Additionally, you may evaluate how the addition of Inspire Medical to your portfolios can decrease your overall portfolio volatility.