Goleta-based respiratory product maker Inogen announced President and Chief Operating Officer Scott Wilkinson will take over as CEO of the company March 1, 2017, replacing retiring CEO Raymond Huggenberger.
Wilkinson will join Huggenberger and new board member Scott Beardsley, a senior partner at San Francisco-based Novo Ventures, on the company’s board of directors, the Dec. 6 statement said.
Wilkinson will receive bonus opportunities of up to 70 percent of his $415,000 base salary, according to the 8-K form the company filed with the U.S. Securities and Exchange Commission. He will receive no additional compensation for serving on the board.
Prior to his various roles at Inogen, Wilkinson spent five years at oxygen product manufacturer Invacare Corp. and held positions at Johnson & Johnson and Kimberly Clark. He received a bachelor’s degree in chemical engineering from the University of Akron and a master’s degree from the University of Wisconsin, Oshkosh.
Shares for Inogen ended the day up 1.26 percent following the announcement to $64.80.
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