A maker of cloud-connected medical devices and software for sleep and breathing health, ResMed's CPAP machines (like the AirSense 11 and AirMini) and masks help people with sleep apnea, while its AirView and Brightree software supports care providers. The company traces back to 1981, when a Sydney professor built the first CPAP machine from a vacuum cleaner and a swimming-pool pipe; founder Peter Farrell bought the technology in 1989 and named the firm ResMed, short for "respiratory medicine." Its products reach people in over 140 countries.
ResMed appoints Carol Burt as Lead Director; Ron Taylor to retire from Board
On August 13, 2026, director Ronald Taylor informed the Board he will not stand for election at the 2026 annual meeting and will retire effective at the meeting, expected November 18, 2026.
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The Board approved Carol Burt as lead director, effective November 15, 2026; she has served on the Board since 2013 and chairs the Nominating and Governance Committee.
Taylor's retirement is not due to any disagreement with ResMed on operations, policies, or practices.
ResMed dismissed KPMG as its independent registered public accounting firm on August 13, 2026, and appointed PricewaterhouseCoopers LLP for fiscal year ending June 30, 2027.
KPMG's reports for fiscal years 2025 and 2026 contained no adverse opinion or qualification, and there were no disagreements or reportable events.
4.01 Changes in Registrant's Certifying Accountant · 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
ResMed agrees to sell MatrixCare to Frazier Healthcare Partners for $490 million cash.
The transaction is expected to close in the first quarter of fiscal year 2027, subject to regulatory approvals and customary closing conditions.
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ResMed entered a definitive agreement on June 30, 2026, to sell its MatrixCare business to Frazier Healthcare Partners for $490 million in an all-cash transaction.
MatrixCare represented approximately $220 million of revenue and approximately $55 million of non-GAAP operating profit in fiscal year 2026.
ResMed intends to use net proceeds for shareholder returns, including an accelerated share repurchase program, and general corporate purposes.
ResMed reiterated its full-year fiscal 2026 outlook for non-GAAP gross margin, SG&A, R&D, and tax rate, and will provide fiscal 2027 outlook on August 6, 2026.
2.02 Results of Operations and Financial Condition · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
ResMed CFO Brett Sandercock to retire; Aaron Bloomer appointed as successor
Brett Sandercock will retire as CFO, Principal Financial Officer, and Principal Accounting Officer effective May 4, 2026, after 27 years with ResMed including 20 as CFO.
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Sandercock will become Special Advisor to CEO Mick Farrell through December 31, 2026, and continue in a consulting role through December 31, 2027.
Aaron Bloomer, age 40, will become CFO, Principal Financial Officer, and Principal Accounting Officer effective May 4, 2026.
Bloomer's compensation includes an annual base salary of $725,000, a sign-on bonus of $150,000, a short-term incentive target of 80% of base salary, and a long-term performance equity grant of $3,300,000.
Sandercock's retirement was not due to any disagreement with the company on operations, policies, or practices.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 9.01 Financial Statements and Exhibits
ResMed director Richard Sulpizio did not seek re-election; board reduced from 12 to 11 directors.
On November 19, 2025, the board approved reducing the number of directors from twelve to eleven.
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Richard Sulpizio's term as director expired on November 19, 2025, at the conclusion of the Annual Meeting, as he did not seek re-election.
Stockholders elected eleven directors to serve until the 2026 annual meeting.
Stockholders approved amendments to the 2009 Incentive Award Plan and the 2018 Employee Stock Purchase Plan, increasing reserved shares by 2.4 million and 3 million respectively.
Stockholders ratified KPMG LLP as independent auditor and approved say-on-pay.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 5.07 Submission of Matters to a Vote of Security Holders · 9.01 Financial Statements and Exhibits