# Latest News on Intuitive Surgical (ISRG)
– **CEO Transition Announced**: Intuitive Surgical has announced that President Dave Rosa will be promoted to CEO effective July 1, 2025. Current CEO Gary Guthart will transition to executive chair of the board, while current Board Chair Craig Barratt will become lead independent director[3].
– **FDA Clearance for da Vinci Single Port**: On May 1, 2025, Intuitive announced FDA clearance of the da Vinci Single Port system, marking a significant regulatory milestone for the company’s surgical technology portfolio[1][2].
– **Strong Financial Performance**: Intuitive reported impressive Q4 2024 financial results with revenue reaching $2.41 billion, representing a 25% increase compared to Q4 2023. The growth was driven by worldwide adoption of da Vinci procedures[3].
– **Stock Performance**: According to Morningstar, Intuitive Surgical has recently experienced its largest percentage decrease since October 2023, indicating some recent volatility in its stock price despite strong operational results[4].
Intuitive Surgical continues to strengthen its position in the robotic-assisted minimally invasive surgery market through leadership changes, regulatory approvals, and sustained financial growth. The company’s ongoing innovations in surgical technologies like the da Vinci system remain central to its business strategy.