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ResMed Inc. (RMD)

NYSE - NYSE Delayed price. Currency in USD
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235.16-2.80 (-1.18%)
At close: 04:00PM EST
235.16 -0.11 (-0.05%)
After hours: 04:06PM EST

ResMed Inc.

9001 Spectrum Center Boulevard
San Diego, CA 92123
United States
858 836 5000
https://www.resmed.com

Sector(s)Healthcare
IndustryMedical Instruments & Supplies
Full-time employees7,970

Key executives

NameTitlePayExercisedYear born
Dr. Peter C. Farrell A.M., AM, B.E., BE (Hons), Ph.D., ScDFounder & Non-Exec. Chairman441.46kN/A1942
Mr. Michael J. Farrell BE, MBA, SMCEO & Director2.69MN/A1972
Mr. Robert A. DouglasPres & COO1.94M2.48M1960
Mr. Brett A. SandercockChief Financial Officer1.01MN/A1967
Dr. James R. Hollingshead Ph.D.Pres of Sleep & Respiratory Care Bus.1.43MN/A1963
Mr. Kaushik GhoshalPres of SaaS Bus. & CTON/AN/A1968
Mr. David B. PendarvisChief Admin. Officer, Global Gen. Counsel & Corp. Sec.N/AN/A1959
Ms. Constance C. BienfaitDirector of Investor RelationsN/AN/AN/A
Ms. Amy WakehamVP of Investor Relations & Corp. CommunicationsN/AN/AN/A
Ms. Nupur BhushanChief People OfficerN/AN/AN/A
Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

ResMed Inc. develops, manufactures, distributes, and markets medical devices and cloud-based software applications for the healthcare markets. The company operates in two segments, Sleep and Respiratory Care, and Software as a Service. It offers various products and solutions for a range of respiratory disorders, including technologies to be applied in medical and consumer products, ventilation devices, diagnostic products, mask systems for use in the hospital and home, headgear and other accessories, dental devices, and cloud-based software informatics solutions to manage patient outcomes, as well as provides customer and business processes. The company also provides AirView, a cloud-based system that enables remote monitoring and changing of patients' device settings; myAir, a personalized therapy management application for patients with sleep apnea that provides support, education, and troubleshooting tools for increased patient engagement and improved compliance; U-Sleep, a compliance monitoring solution that enables home medical equipment (HME)to streamline their sleep programs; and connectivity module and propeller solutions. In addition, it offers out-of-hospital software solution, such as Brightree business management software and service solutions to providers of HME, pharmacy, home infusion, orthotics, and prosthetics services; MatrixCare care management and related ancillary solutions to senior living, skilled nursing, life plan communities, home health, home care, and hospice agencies, as well as related accountable care organizations; and HEALTHCAREfirst that offers electronic health record, software, billing and coding services, and analytics for home health and hospice agencies. The company markets its products primarily to sleep clinics, home healthcare dealers, and hospitals through a network of distributors and direct sales force in approximately 140 countries. ResMed Inc. was founded in 1989 and is headquartered in San Diego, California.

Corporate governance

ResMed Inc.’s ISS governance QualityScore as of 26 September 2021 is 5. The pillar scores are Audit: 3; Board: 6; Shareholder rights: 5; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.