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  "documentTitle": "iRhythm Technologies, Inc. (IRTC)",
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  "authorName": "Spruce Point Capital Management",
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  "presentationDate": "2025-08-18 00:00:00",
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  "notes": "Uses a timeline-style table for management turnover and a list with red 'X' marks to indicate board departures.",
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      "kind": "callout",
      "text": "We are particularly troubled by the July 3rd resignations of both Mark Rubash and Ralph Snyderman. We believe investors should be concerned about their replacements.",
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      "kind": "callout",
      "text": "We are particularly troubled by the July 3rd resignations of both Mark Rubash (former Audit Committee Chair) and Ralph Snyderman.",
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      "text": "List of Non-Employee Directors at IPO with red X marks indicating departures.",
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      "text": "We view the iRhythm executive team as relatively unstable. More troubling, the Company has cycled through four CFOs since its IPO. Similarly, the iRhythm board has seen significant turnover during its life as a public company.",
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      "kind": "source-note",
      "text": "Source: iRhythm SEC filings, iRhythm 8-K dated 7/7/25, LinkedIn, LinkedIn, Scorpion Capital, Spruce Point research",
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      "text": "Management Turnover Since IPO table showing CEO, CFO, and COO changes from 2016 to 2025.",
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      "kind": "title",
      "text": "iRhythm Has One Of The Least Stable Executive Suites In The Industry",
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