John Sorenson - Boston Scientific President

BSX Stock  USD 90.00  1.50  1.64%   

President

Mr. John Bradley Sorenson is Senior Vice President Manufacturing and Supply Chain of the Company. In this role, he is responsible for the global manufacturing and distribution of our products. Prior to his current role, he served as multisite vice president, operations from 2008 to 2014. Mr. Sorenson held a variety of operations positions at Boston Scientific, supporting the Cardiac Rhythm Management, Neuromodulation, Interventional Cardiology, Peripheral Interventions and Structural Heart businesses and has more than 20 years of medical device manufacturing experience. Before joining Boston Scientific, he was president and chief operating officer of QRS Diagnostic and held manufacturing management positions at Federal Cartridge since 2021.
Age 56
Tenure 3 years
Professional MarksMBA
Address 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234
Phone508 683 4000
Webhttps://www.bostonscientific.com
Sorenson earned a B.A. in Economics from Gustavus Adolphus College and an M.B.A. from the University of Minnesota.

Boston Scientific Management Efficiency

The company has Return on Asset of 0.049 % which means that on every $100 spent on assets, it made $0.049 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0892 %, implying that it generated $0.0892 on every 100 dollars invested. Boston Scientific's management efficiency ratios could be used to measure how well Boston Scientific manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Boston Scientific's Return On Tangible Assets are fairly stable compared to the past year. Return On Capital Employed is likely to rise to 0.14 in 2024, whereas Return On Equity is likely to drop 0.06 in 2024. At this time, Boston Scientific's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 30.1 B in 2024, whereas Other Current Assets are likely to drop slightly above 544.2 M in 2024.
Boston Scientific Corp has 9.49 B in debt with debt to equity (D/E) ratio of 0.51, which is OK given its current industry classification. Boston Scientific Corp has a current ratio of 1.42, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Boston to invest in growth at high rates of return.

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Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. The company was incorporated in 1979 and is headquartered in Marlborough, Massachusetts. Boston Scientific operates under Medical Devices classification in the United States and is traded on New York Stock Exchange. It employs 41000 people. Boston Scientific Corp (BSX) is traded on New York Stock Exchange in USA. It is located in 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 and employs 48,000 people. Boston Scientific is listed under Health Care Equipment & Supplies category by Fama And French industry classification.

Management Performance

Boston Scientific Corp Leadership Team

Elected by the shareholders, the Boston Scientific's board of directors comprises two types of representatives: Boston Scientific inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Boston. The board's role is to monitor Boston Scientific's management team and ensure that shareholders' interests are well served. Boston Scientific's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Boston Scientific's outside directors are responsible for providing unbiased perspectives on the board's policies.
Edward Ludwig, Lead Independent Director
Donna James, Independent Director
Stephen MacMillan, Independent Director
Michael Mahoney, Chairman of the Board, President, Chief Executive Officer
Emily Woodworth, Global VP
Kevin Ballinger, Executive Vice President and Global President - Interventional Cardiology
Desiree RallsMorrison, Senior Vice President General Counsel, Corporate Secretary
Maulik Nanavaty, Senior Vice President and President - Neuromodulation
Ian Meredith, Executive Vice President Global Chief Medical Officer
David Pierce, Executive Vice President and President, MedSurg and President - Endoscopy
Ellen Zane, Independent Director
Joseph Fitzgerald, Executive Vice President, President, Interventional Cardiology
Eric Thepaut, Executive Vice President and President - Europe, Middle East and Africa
Daniel Brennan, CFO, Principal Accounting Officer and Executive VP
Nelda Connors, Independent Director
Wendy Carruthers, Executive Vice President - Human Resources
Jodi Eddy, Senior Vice President and Chief Information and Digital Officer
Catherine Jennings, VP Interventions
John Sorenson, Senior Vice President - Manufacturing and Supply Chain
Arthur Butcher, Executive Vice President and President, Asia Pacific
Daniel CPA, Executive CFO
Edward Mackey, Executive Vice President - Global Operations
Scott Olson, Senior Vice President, President - Cardiac Rhythm Management and Diagnostics
Vance Brown, Senior Vice President General Counsel, Corporate Secretary
Charles Dockendorff, Independent Director
Mary Moynihan, Senior Officer
John Sununu, Independent Director
Jeffrey Mirviss, Executive Vice President and President - Peripheral Interventions
Yoshiaki Fujimori, Independent Director
David Wichmann, Independent Director
David Roux, Independent Director
Susan Lisa, VP, Investor Relations
Jonathan Monson, Chief Accounting Officer, Vice President Global Controller
Jeffrey MBA, Executive Interventions
Meghan Scanlon, Senior Vice President and President - Urology and Pelvic Health

Boston Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Boston Scientific a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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