Rick Buchholz, CPA

Seasoned Financial Executive with Extensive Experience in the Medical Device Industry

Professional Overview

Rick Buchholz is a highly accomplished Chief Financial Officer (CFO) with over 30 years of experience in the medical device industry. He is recognized for his strategic financial leadership, operational expertise, and ability to drive organizational growth and profitability.

Current Role

As the CFO of Inspire Medical Systems since 2014, Buchholz is responsible for overseeing all financial operations, including financial planning and analysis, treasury management, accounting, and investor relations. Under his financial stewardship, Inspire Medical Systems has experienced significant revenue growth and successfully navigated the company's initial public offering (IPO) in 2018.

Career Progression

Prior to joining Inspire Medical Systems, Buchholz served as the CFO, Secretary, and Treasurer of superDimension, a leading provider of minimally invasive medical devices, from 2006 to 2013. During his tenure, he played a crucial role in the company's acquisition by Covidien, a global healthcare leader. Earlier in his career, Buchholz held various financial leadership positions, including President of Buchholz & Company, LLC and CFO at Vascular Solutions.

Buchholz began his professional journey as an Audit Manager at Ernst & Young, where he gained valuable experience in financial reporting, compliance, and auditing.

Academic Background

Buchholz holds a Bachelor of Science degree in Accounting from the University of Minnesota. He is a Certified Public Accountant (CPA) and maintains active memberships in professional organizations, such as the American Institute of Certified Public Accountants (AICPA) and the Minnesota Society of CPAs.

Areas of Expertise

Financial planning and analysis

Treasury management

Mergers and acquisitions

Initial public offerings

Financial reporting and compliance

Operational efficiency and cost optimization

Strategic decision-making

Professional Impact

Throughout his career, Buchholz has demonstrated a track record of driving financial performance, supporting business growth, and enhancing shareholder value. His expertise in medical device finance, combined with his strong leadership and collaborative approach, have been instrumental in the success of the organizations he has served.

Conclusion

Rick Buchholz is a seasoned financial executive with a proven ability to navigate complex financial and operational challenges in the medical device industry. With his comprehensive experience, analytical acumen, and strategic mindset, Buchholz is poised to continue his successful trajectory, contributing to the long-term sustainability and growth of Inspire Medical Systems and other leading organizations in the healthcare sector.