Shacey Petrovic InsuletInsulet (Nasdaq:PODD) announced today that President and CEO Shacey Petrovic will step down for personal family reasons.

Petrovic will step down from her position effective June 1, 2022, but will continue to serve on the company’s board. She will also serve as an advisor to the company through May 2023 to support the leadership transition to Jim Hollingshead, who will succeed Petrovic effective June 1.

Hollingshead has served as an independent member of Insulet’s board of directors since 2019 and currently serves as president of sleep and respiratory care at ResMed.

Get the full story at our sister site, Drug Delivery Business News.