BUZZ-Adagio Medical Holdings down; founder, CEO Olav Bergheim steps down

Reuters

2024/12/16

** Shares of medical devices developer Adagio Medical Holdings ADGM.O fall as much as 6.3% to $1.89 in early trade

** Co says founder and CEO Olav Bergheim is stepping down effective Dec. 13

** Appoints Todd Usen, previously CEO of Minerva Surgical and Activ Surgical, as new CEO

** Bergheim to serve as an advisor through Dec 12, 2025

** Including session moves, stock has fallen ~82% YTD

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com;))

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