Vicarious Surgical Announces Departure of Chief Financial Officer
December 06 2024 - 4:05PM
Business Wire
Vicarious Surgical Inc. (“Vicarious Surgical” or the “Company”)
(NYSE: RBOT, RBOT WS), a next-generation robotics technology
company seeking to improve lives by transforming robotic surgery,
today announced the pending departure of William Kelly, its Chief
Financial Officer (CFO), to pursue other career opportunities,
after nearly four years of dedicated service with the Company.
Mr. Kelly has served as Vicarious Surgical’s CFO since January
2021. He will assist the Company to ensure minimal disruption and a
successful transition of responsibilities prior to his departure,
which is slated for January 2, 2025.
“On behalf of the Company and Board, I want to extend my
sincerest gratitude to Bill for his significant contribution over
the last few years,” said Adam Sachs, Co-Founder and Chief
Executive Officer. “Bill has been an incredible asset to Vicarious
Surgical, and we wish him all the best in his future
endeavors.”
Mr. Kelly added “My tenure at Vicarious Surgical has been a
period of significant progress and accomplishment, both for the
Company and for me personally. I am deeply grateful for the
opportunities I have been afforded and the collaborative spirit of
the entire team. I depart with immense pride in our collective
achievements and unwavering confidence in the Company's continued
success under its strong leadership.”
The Company has initiated a CFO succession process and will
provide updates as appropriate.
About Vicarious Surgical
Founded in 2014, Vicarious Surgical is a next generation
robotics company, developing a unique disruptive technology with
the multiple goals of substantially increasing the efficiency of
surgical procedures, improving patient outcomes, and reducing
healthcare costs. The Company’s novel surgical approach uses
proprietary human-like surgical robots to virtually transport
surgeons inside the patient to perform minimally invasive surgery.
The Company is led by an experienced team of technologists, medical
device professionals and physicians, and is backed by technology
luminaries including Bill Gates, Vinod Khosla’s Khosla Ventures,
Innovation Endeavors, Jerry Yang’s AME Cloud Ventures, Sun Hung Kai
& Co. Ltd and Philip Liang’s E15 VC. The Company is
headquartered in Waltham, Massachusetts. Learn more at
www.vicarioussurgical.com.
Forward-Looking Statements
This press release includes “forward-looking statements” within
the meaning of the “safe harbor” provisions of the United States
Private Securities Litigation Reform Act of 1995. The company’s
actual results may differ from its expectations, estimates, and
projections and, consequently, you should not rely on these
forward-looking statements as predictions of future events. All
statements other than statements of historical facts contained
herein, are forward-looking statements that reflect the current
beliefs and expectations of management. These forward-looking
statements involve significant risks and uncertainties that could
cause the actual results to differ materially from those discussed
in the forward-looking statements. Most of these factors are
outside Vicarious Surgical’s control and are difficult to predict.
Factors that may cause such differences include, but are not
limited to: the ability to maintain the listing of Vicarious
Surgical’s Class A common stock on the New York Stock Exchange; the
approval, commercialization and adoption of Vicarious Surgical’s
initial product candidates and the success of its single-port
surgical robot, called the Vicarious Surgical System, and any of
its future product candidates and service offerings; changes in
applicable laws or regulations; the ability of Vicarious Surgical
to raise financing in the future; the success, cost and timing of
Vicarious Surgical’s product and service development activities;
the potential attributes and benefits of Vicarious Surgical’s
product candidates and services; Vicarious Surgical’s ability to
obtain and maintain regulatory approval for the Vicarious Surgical
System, and any related restrictions and limitations of any
approved product; the size and duration of human clinical trials
for the Vicarious Surgical System; Vicarious Surgical’s ability to
identify, in-license or acquire additional technology; Vicarious
Surgical’s ability to maintain its existing license, manufacture,
supply and distribution agreements; Vicarious Surgical’s ability to
compete with other companies currently marketing or engaged in the
development of products and services that Vicarious Surgical is
currently marketing or developing; the size and growth potential of
the markets for Vicarious Surgical’s product candidates and
services, and its ability to serve those markets, either alone or
in partnership with others; the pricing of Vicarious Surgical’s
product candidates and services and reimbursement for medical
procedures conducted using its product candidates and services; the
company’s estimates regarding expenses, revenue, capital
requirements and needs for additional financing; Vicarious
Surgical’s financial performance; economic downturns, political and
market conditions and their potential to adversely affect Vicarious
Surgical’s business, financial condition and results of operations;
Vicarious Surgical’s intellectual property rights and its ability
to protect or enforce those rights, and the impact on its business,
results and financial condition if it is unsuccessful in doing so;
and other risks and uncertainties indicated from time to time in
Vicarious Surgical’s filings with the SEC. Vicarious Surgical
cautions that the foregoing list of factors is not exclusive. The
company cautions readers not to place undue reliance upon any
forward-looking statements, which speak only as of the date made.
Vicarious Surgical does not undertake or accept any obligation or
undertaking to release publicly any updates or revisions to any
forward-looking statements to reflect any change in its
expectations or any change in events, conditions or circumstances
on which any such statement is based.
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Investors Kaitlyn Brosco Vicarious Surgical
Kbrosco@vicarioussurgical.com Media Inquiries
media@vicarioussurgical.com
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