Picard Medical names interim CEO after leadership change

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Picard Medical Announces Leadership Transition

June 24, 2026 8:00 AM EDT

TUCSON, Ariz., June 24, 2026 (GLOBE NEWSWIRE) -- Picard Medical, Inc. (NYSE American: PMI) (Picard Medical or the Company), parent company of SynCardia Systems, LLC (SynCardia), maker of the worlds first total artificial heart approved by both the U.S. Food and Drug Administration and Health Canada, today announced a leadership transition.

Patrick NJ Schnegelsberg has stepped down as Chief Executive Officer and as a member of the Company's Board of Directors, effective June 18, 2026. Mr. Schnegelsberg's departure was not the result of any disagreement with the Company on any matter relating to its operations, policies, or practices.... More