Adam Elsesser has a significant involvement in Penumbra, holding around 1.47 million shares, which represents about 3.9% of the company's ownership. His net worth tied to these holdings reflects the company's performance; he saw the stock value increase notably from...
Adam Elsesser has a significant involvement in Penumbra, holding around 1.47 million shares, which represents about 3.9% of the company's ownership. His net worth tied to these holdings reflects the company's performance; he saw the stock value increase notably from approximately $153 million in September 2019 to a peak of $315.62 million in June 2023. However, in the wake of market fluctuations, by September 2023, the total value of his holdings decreased back to about $253.84 million. Elsesser’s holdings showed his commitment to Penumbra, especially when he refused additional compensation during his presidential role, proving that his focus is on the company's future rather than personal financial gain.