Vicarious Surgical announced on Tuesday that its Chief Operating Officer (COO), John Mazzola, will retire effective April 1, 2025. This news comes just weeks after CFO William Kelly’s departure in February to pursue new opportunities.
Following Mazzola’s retirement, Vicarious President Randy Clark will take over Mazzola’s responsibilities.
Mazzola joined Vicarious in March 2022 as Senior Vice President of Operations after a distinguished 35-year career in the medical device industry. He was promoted to COO in May 2023.
CEO Adam Sachs thanked Mazzola for his significant contributions, particularly in streamlining Vicarious Surgical’s manufacturing processes, improving supply chain operations, and enhancing product quality control. “As a result, Vicarious Surgical is well-positioned for its next chapter as we prepare for our upcoming first clinical use cases and pivotal trial,” said Sachs. “We are deeply grateful for his contributions and wish him a happy and fulfilling retirement.”
Vicarious Surgical, backed by investors like Bill Gates, is one of several companies aiming to challenge Intuitive Surgical’s dominance in the surgical robotics market. The company is working toward conducting its first patient case for its single-port robotic system ahead of a pivotal study on ventral hernia repair.
However, Vicarious recently pushed back its clinical trial timeline, telling investors in November that it plans to initiate the trial later than initially expected. The company also reported a third-quarter net loss of $17.1 million, slightly higher than the previous year’s loss of $15.7 million.
As Vicarious continues to develop its technology, competitors like Medtronic and CMR Surgical are advancing in the field. Medtronic recently announced plans to file for FDA market authorization for its Hugo platform by March 2025, while CMR Surgical’s Versius robot has already been used in over 30,000 surgeries worldwide.
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