Paul O. Richins served as the Chief Administrative Officer of Utah Medical Products Inc. (UTMD) from 1997 until his retirement in 2018. He joined the company in 1990 and held multiple roles, including Treasurer and Principal Financial Officer, showing a...
Paul O. Richins served as the Chief Administrative Officer of Utah Medical Products Inc. (UTMD) from 1997 until his retirement in 2018. He joined the company in 1990 and held multiple roles, including Treasurer and Principal Financial Officer, showing a strong commitment over nearly three decades. Richins has an education background in finance, holding a B.S. from Weber State University and an MBA from Pepperdine University. Under his management, UTMD focused on aligning executive compensation with company performance, allowing for sustainable growth. His compensation peaked in 2017 at around $146,730, but it also dropped to $41,529 in his last year before retiring, showing his retirement impact. Interestingly, he also engaged in insider trading, with trades exceeding $2 million on several occasions, which highlights an active role in managing his investment. Richins retired in 2018 but remained on the board to guide and support the company further.