Sri Kosaraju is the former President and Chief Financial Officer of Penumbra, Inc., having joined the company in 2015 after a lengthy career in investment banking at J.P. Morgan. He was promoted to President and CFO just a few years...
Sri Kosaraju is the former President and Chief Financial Officer of Penumbra, Inc., having joined the company in 2015 after a lengthy career in investment banking at J.P. Morgan. He was promoted to President and CFO just a few years later in 2019. With a BS degree from the Massachusetts Institute of Technology, Sri has a strong background in finance, having managed various high-profile deals in equity capital markets at J.P. Morgan. His time at Penumbra saw significant growth, highlighting his ability to navigate complex financial landscapes, especially during the challenges of the pandemic. In an interesting twist, he stepped down as President in May 2020 to volunteer in efforts focused on COVID-19 testing, demonstrating his commitment beyond just the corporate world. Throughout his tenure, Sri's compensation showcased a straightforward approach, with a focus on a solid base salary rather than extravagant bonuses or stock awards. His insider trading patterns reflected the ups and downs of his wealth tied to Penumbra's stock, peaking at over $42 million in early 2021, and hinting at the company's confident trajectory during his leadership.