Outset Medical (NSDQ:OM) announced that CFO Rebecca Chambers will step down and Nabeel Ahmed will take over in an interim capacity.
San Jose, Calif.-based Outset said in a news release that Chambers will depart to pursue other opportunities, effective on July 16, 2021. Ahmed, current VP of finance at the company, will assume the role once Chambers leaves.
Outset also announced that preliminary unaudited net revenue for the second quarter of 2021 is expected to be in the range of $24.5 million to $25 million, marking growth of 109% to 113% over the second quarter of 2020.
“On behalf of myself and the board of directors, we want to thank Rebecca for her contributions to Outset. She has been a key contributor to our success to date, and we wish her the best in her future endeavors,” Outset president & CEO Leslie Trigg said in the release. “Today, Outset is in a stronger position both financially and operationally than ever before. We are very pleased with the company’s outperformance through the first half of 2021 and look forward to continuing to drive traction in the market.”
“I also look forward to working more closely with Nabeel, who, given his tenure here at Outset, and broad expertise across a variety of finance roles was a natural fit to act as CFO on an interim basis.”
Ahmed joined Outset in May 2020 as VP, controller, having previously served as VP of finance at 8×8. He also held leadership positions at Wanderful Media and MarketTools, with previous positions at Ernst & Young and eBay, as well.