Jim Clemmer Announces Retirement Plans for Fiscal 2027
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2026
0mins
Should l Buy ANGO?
The company announced that Jim Clemmer has informed the Board of Directors of his intention to retire from the company upon the appointment of a successor, which is anticipated to occur during fiscal 2027. The Board has established a search committee to conduct a comprehensive search, which will be assisted by a leading executive search firm, to identify the company's next CEO. Until his successor is appointed, Clemmer will continue as President and CEO, leading and overseeing the company's strategic and financial initiatives with a focus on revenue growth and profitability.
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Analyst Views on ANGO
Wall Street analysts forecast ANGO stock price to rise
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 11.260
Low
16.00
Averages
19.33
High
24.00
Current: 11.260
Low
16.00
Averages
19.33
High
24.00
About ANGO
AngioDynamics, Inc. is a transformative medical technology company. The Company is focused on restoring healthy blood flow in the body's vascular system, expanding cancer treatment options and improving quality of life for patients. It designs, manufactures, and sells a range of medical, surgical and diagnostic devices used by professional healthcare providers for vascular access, for the treatment of peripheral vascular disease and for use in oncology and surgical settings. Its devices are generally used in minimally invasive, image-guided procedures. Its segments include Med Tech and Med Device. Its product categories include oncology, venous therapies, vascular interventions, and ports. Its oncology products include Model 1500X RF Generator, IsoLoc Endorectal Balloon, Habib 4X Laparoscopic Bipolar Resection Device, Habib 4X Bipolar Resection Device, and Alatus. Its venous therapies include VenaCure EVLT 1470 Pro Laser, VenaCure EVLT System, VenaCure EVLT Procedure Packs, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Adjusted Loss: The company posted an adjusted loss of $59,000, or approximately $0.00 per share, significantly better than analysts' expectations of a $0.10 loss per share, reflecting a stronger-than-anticipated financial performance.
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- Trial Success: Alumis Inc. achieved all primary and secondary endpoints in its Phase 3 ONWARD1 and ONWARD2 trials for envudeucitinib in moderate-to-severe plaque psoriasis, resulting in a 132% surge in stock price, indicating strong market potential and investor confidence.
- Market Reaction: Following the announcement, shares skyrocketed to $19.30, reflecting a positive investor response to the clinical data, which may attract more institutional investors and further enhance the company's market capitalization.
- Industry Impact: Alumis's success provides a new treatment option in the biopharmaceutical industry, particularly in the psoriasis sector, potentially prompting other companies to increase R&D investments and drive overall industry innovation.
- Future Outlook: With the successful clinical trials, Alumis is expected to accelerate the drug's market entry, likely leading to significant revenue growth while strengthening its position in the highly competitive biopharmaceutical market.
See More
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- Adjusted Loss: The company posted an adjusted loss of $59,000, or approximately $0.00 per share, significantly better than analysts' expectations of a $0.10 loss per share, reflecting a stronger-than-anticipated financial performance.
- Unexpected CEO Retirement: The sudden retirement of CEO Jim Clemmer has created uncertainty in the market, although he will remain in his role until a successor is found, the lack of a pre-identified successor may undermine investor confidence.
- Optimistic Future Outlook: Despite leadership changes, AngioDynamics has raised its net sales and adjusted EBITDA guidance for fiscal year 2026 and received FDA approvals for new devices, demonstrating positive advancements in innovation and market expansion.
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