Shawn McCormick - Nevro Corp Independent Director

NVRO Stock  USD 5.77  0.01  0.17%   

Director

Mr. Shawn T McCormick, CPA, is Independent Director of the Company. Mr. McCormick served as Chief Financial Officer of Tornier N.V., a public medical device company, from September 2012 to October 2015 when Tornier merged with Wright Medical Group. From April 2011 to February 2012, Mr. McCormick was Chief Operating Officer of Lutonix, Inc., a medical device company acquired by C. R. Bard, Inc. in December 2011. From January 2009 to July 2010, Mr. McCormick served as Senior Vice President and Chief Financial Officer of ev3 Inc., a public endovascular device company acquired by Covidien plc in July 2010. From May 2008 to January 2009, Mr. McCormick served as Vice President, Corporationrationrate Development at Medtronic, Inc., a public medical device company, where he was responsible for leading Medtronics worldwide business development activities. From 2007 to 2008, Mr. McCormick served as Vice President, Corporationrationrate Technology and New Ventures of Medtronic. From 2002 to 2007, Mr. McCormick was Vice President, Finance for Medtronics Spinal, Biologics and Navigation business. Prior to that, Mr. McCormick held various other positions with Medtronic, including Corporationrationrate Development Director, Principal Corporationrationrate Development Associate, Manager, Financial Analysis, Senior Financial Analyst and Senior Auditor. Prior to joining Medtronic, he spent four years with the public accounting firm KPMG Peat Marwick. He was a director of Entellus Medical, Inc., a public medical device company, and served as the chairman of the audit committee and as a member of the nominating and corporate governance committee from November 2014 to February 2018 when Entellus was sold to Stryker. Mr. McCormick was a director of SurModics, Inc., a public medical device and in vitro diagnostic technologies company, since December 2015 and serves on the audit committee and corporate governance and nominating committee. since 2014.
Age 56
Tenure 11 years
Professional MarksCPA
Address 1800 Bridge Parkway, Redwood City, CA, United States, 94065
Phone650 251 0005
Webhttps://nevro.com

Latest Insider Transactions

2023-06-07Acquired 7500 shares @ 22.88View
McCormick earned his M.B.A. from the University of Minnesota’s Carlson School of Management and his B.S. in Accounting from Arizona State University.

Shawn McCormick Latest Insider Activity

Tracking and analyzing the buying and selling activities of Shawn McCormick against Nevro Corp stock is an integral part of due diligence when investing in Nevro Corp. Shawn McCormick insider activity provides valuable insight into whether Nevro Corp is net buyers or sellers over its current business cycle. Note, Nevro Corp insiders must abide by specific rules, including filing SEC forms every time they buy or sell Nevro Corp'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Nevro Corp Management Efficiency

The company has return on total asset (ROA) of (0.0995) % which means that it has lost $0.0995 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.4329) %, meaning that it created substantial loss on money invested by shareholders. Nevro Corp's management efficiency ratios could be used to measure how well Nevro Corp manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of March 2025, Return On Tangible Assets is likely to drop to -0.22. In addition to that, Return On Capital Employed is likely to drop to -0.29. At this time, Nevro Corp's Non Current Assets Total are very stable compared to the past year. As of the 23rd of March 2025, Intangible Assets is likely to grow to about 25.6 M, while Total Assets are likely to drop about 473.1 M.
Nevro Corp currently holds 251.16 M in liabilities with Debt to Equity (D/E) ratio of 0.89, which is about average as compared to similar companies. Nevro Corp has a current ratio of 6.52, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Nevro Corp's use of debt, we should always consider it together with its cash and equity.

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Nevro Corp., a medical device company, provides products for patients suffering from chronic pain in the United States and internationally. Nevro Corp. was incorporated in 2006 and is headquartered in Redwood City, California. Nevro Corp operates under Medical Devices classification in the United States and is traded on New York Stock Exchange. It employs 945 people. Nevro Corp (NVRO) is traded on New York Stock Exchange in USA. It is located in 1800 Bridge Parkway, Redwood City, CA, United States, 94065 and employs 1,099 people. Nevro Corp is listed under Health Care Equipment & Supplies category by Fama And French industry classification.

Management Performance

Nevro Corp Leadership Team

Elected by the shareholders, the Nevro Corp's board of directors comprises two types of representatives: Nevro Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nevro. The board's role is to monitor Nevro Corp's management team and ensure that shareholders' interests are well served. Nevro Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nevro Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Julie Dewey, Vice President - Investor Relations and Corporate Communications
Elizabeth Weatherman, Independent Director
Brad Vale, Independent Director
Donald Middlebrook, Vice President - Clinical, Regulatory and Quality
Christopher Christoforou, Vice President - Research and Development
Kevin OBoyle, Independent Director
Meredith Vornholt, Vice Marketing
Kashif JD, Senior Officer
Peter Socarras, General VP
Shawn McCormick, Independent Director
David Caraway, Chief Medical Officer
Christofer Christoforou, Senior Operations
DKeith Grossman, Chairman of the Board, President, Chief Executive Officer
Patrick Schmitz, Vice President - Operations
Richard Carter, Chief Officer
Sridhar Kosaraju, Director
Frank Fischer, Independent Director
Michael DeMane, Lead Independent Director
Kevin Thornal, CEO President
Roderick MacLeod, Chief Financial Officer
Greg Siller, Senior Officer
Shana MBA, Senior Officer
Michael Carter, Vice President - Global Sales
D Grossman, Chairman of the Board, President, Chief Executive Officer
Susan Siegel, Independent Director
Karen Prange, Independent Director
Angeline McCabe, Vice Communications
Kashif Rashid, Chief Compliance Officer, General Counsel, Corporate Secretary
Geeta Kaveti, VP Officer
Niamh Pellegrini, Chief Commercial Officer
Lori Ciano, Chief Human Resource Officer
David MD, Senior Officer
Jon Shear, Senior Development

Nevro Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Nevro Corp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
When determining whether Nevro Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nevro Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nevro Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nevro Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nevro Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Nevro Stock, please use our How to Invest in Nevro Corp guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nevro Corp. If investors know Nevro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nevro Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.06)
Revenue Per Share
11.015
Quarterly Revenue Growth
(0.09)
Return On Assets
(0.1)
Return On Equity
(0.43)
The market value of Nevro Corp is measured differently than its book value, which is the value of Nevro that is recorded on the company's balance sheet. Investors also form their own opinion of Nevro Corp's value that differs from its market value or its book value, called intrinsic value, which is Nevro Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nevro Corp's market value can be influenced by many factors that don't directly affect Nevro Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nevro Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nevro Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nevro Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.