Quote data as of 5:23 AM ET
CVRx, Inc. is a commercial-stage medical technology company focused on innovating, producing, and bringing to market neuromodulation solutions designed for individuals battling cardiovascular diseases. Its principal offering, Barostim, is an advanced neuromodulation device specifically indicated to ameliorate symptoms for patients diagnosed with heart failure characterized by reduced ejection fraction, often referred to as systolic heart failure. The company employs a diverse distribution strategy, leveraging its internal sales force, alongside sales agents and independent distributors, to reach markets across the United States, Germany, the wider European continent, and other global territories. Incorporated in 2000, CVRx, Inc. is headquartered in Minneapolis, Minnesota.
CVRx announced that CFO Jared Oasheim is stepping down to pursue other opportunities after a decade with the company.
Oasheim will remain with CVRx until a successor is appointed and will serve as an advisor through February 2027 to ensure a seamless transition.
The company is initiating a search for a new CFO, while CEO Kevin Hykes praised Oasheim’s role in taking the company public and building its finance organization.