Cipher Surgical Appoints Mark Alley as New CEO

On March 4, 2024, Cipher Surgical, renowned for its innovative contributions to the medical device realm, announced a significant change in its leadership structure. Mark Alley, previously the President of Cipher Surgical's U.S. division, steps into the role of Chief Executive Officer (CEO), succeeding Andrew Newell. Newell, the founding CEO, transitions to the role of Executive Chairman, focusing on strategic guidance for the company.

Alley, credited with substantial growth and innovation in the medical device sector, aims to continue Cipher Surgical's mission to enhance patient outcomes through advanced solutions, particularly in laparoscopic lens cleaning. Newell, expressing his confidence in Alley's capabilities, looks forward to supporting the new CEO and the company's objectives in his new capacity as Executive Chairman.

The leadership transition is expected to bolster Cipher Surgical's commitment to delivering pioneering solutions, with the Board expressing full confidence in Alley's leadership and acknowledging Newell's profound impact on the company's success.