Tactile Medical up after appointing UnitedHealth exec as CFO

Tactile Systems Technology

14/03/2023 14:36

** Shares of medical device maker Tactile Systems Technology Inc  TCMD.O 
rise 2.7% to $15.14 in morning trade
    ** Co appoints Elaine Birkemeyer as chief financial officer, effective March
20; she succeeds Brent Moen, who is retiring 
    ** Birkemeyer has served as CFO for UnitedHealth Group Inc's  UNH.N  units
Rally Health and UNH's care solutions portfolio
    ** Previously, she has also served as senior finance director at Best Buy Co
 BBY.N  
    ** Stock down 8.4% in last 12 months

 (Reporting by Aditya Samal)
 ((Aditya.Samal@thomsonreuters.com;))