Nevro Corp. announced that D. Keith Grossman, its Chairman, CEO and President, has informed the Board of his intention to retire from his CEO and President duties in 2023 following the selection of his successor. Mr. Grossman will continue to serve as the Chairman of Nevro's board following the CEO succession.

Nevro's Board of Directors is commencing a targeted search process to identify a new CEO with the assistance of a leading executive search firm. Mr. Grossman's retirement follows a successful career of nearly 40 years of CEO and executive-level leadership in the medical device industry.