KORU Medical Systems, Inc. announced the retirement of CEO Linda Tharby effective June 30, 2026, with her continuing as a non-executive advisor and Board member through December 31, 2026 under a Transition Agreement. Adam Kalbermatten was appointed President effective March 15, 2026, and will succeed as CEO effective July 1, 2026 under an Amended and Restated Employment Agreement.
Key takeaways
Linda Tharby retiring as CEO effective June 30, 2026, serving as advisor through December 31, 2026
Adam Kalbermatten appointed President March 15, 2026, CEO July 1, 2026, Board appointment January 1, 2027
Tharby base salary through June 30, 2026, 100% 2025 AICP bonus, prorated 2026 AICP bonus, 50% base during advisory period
Kalbermatten base salary $450,000 through June 30, 2026, $525,000 from July 1, 2026