Jim Cunniff, President, Chief Executive Officer and Board Member of Electromed, Inc., will retire on or about April 2, 2027, the company said on Monday.
Cunniff, who has led Electromed since 2023, will also resign from the Board of Directors upon his departure. The board has retained an executive search firm to conduct a national search for his successor, it added.
Electromed, headquartered in New Prague, Minnesota, and listed on the NYSE American under ticker ELMD, was founded in 1992. The company specializes in the development and commercialization of airway clearance therapy products, including the SmartVest Airway Clearance System.
Cunniff said in a statement: “It has been an honor to lead Electromed over the last three years.”
Kathleen Skarvan, Chair of the Board of Directors, added: “On behalf of the board, I would like to thank Jim for his positive impact on our business, the patients we serve, and our shareholders during his tenure as CEO and a member of our board.”
