Business
Insulet Announces New Organizational Structure to Drive Further Growth
Structured to Accelerate Innovation and Commercialization Priorities Creates New Roles to Oversee Product & End-to-End Customer Experience and Technology
About this update from Insulet Corporation
[{"type":"text","content":"\nStructured to Accelerate Innovation and Commercialization Priorities\n\n\nCreates New Roles to Oversee Product & End-to-End Customer Experience and Technology\n\n\n ACTON, Mass.--(BUSINESS WIRE)--\nInsulet Corporation (NASDAQ: PODD) (Insulet or the Company), the global leader in tubeless insulin pump technology with its Omnipod® brand of products, today announced its new organizational structure designed to accelerate innovation and commercialization. The new structure will be implemented during the second half of this year with new leadership roles effective July 1, 2023. The leadership team will continue to report to Jim Hollingshead, President and Chief Executive Officer.\n\n\nMr. Hollingshead said, “It is an exciting time at Insulet as we continue to advance our mission to improve the lives of people with diabetes. Our Company has achieved remarkable growth, recently accelerated by the U.S. commercial launch of our revolutionary Omnipod® 5 Automated Insulin Delivery System, which we will soon launch internationally. The global markets and customers we serve have also rapidly evolved. Now is the ideal time to realign our organizational structure to support our strong momentum, accelerate our robust innovation pipeline, and drive continued global expansion. Our new organizational design creates a more focused and specialized structure that strengthens our commercial capabilities and fosters further innovation and cross-functional collaboration.”\n\n\nAs part of the new organizational structure, we have created the following roles, effective July 1, 2023:\n\n\n\nEric Benjamin has been named Chief Product & Customer Experience Officer (CPXO), responsible for product vision and execution, including franchise management and global growth strategies, product and portfolio management, and driving the end-to-end customer experience across the enterprise.\n\n\n\nMark Field has been named Chief Technology Officer, responsible for software and hardware engineering, information technology, cyber security, digital and data services, and system architecture. Mr. Field will be responsible for ensuring that we continue to have robust software platforms, modules, and other technology capabilities to support Insulet’s strategy and goals.\n\n\n\nThe previous role of Chief Commercial Officer has been separated into two leadership positions in ...