Neuronetics, Inc. announced that Sara Grubbs has been promoted to Senior Vice President, Chief Revenue Officer (CRO). Ms. Grubbs joined Neuronetics in 2020 and most recently held the title of Vice President, Sales. As CRO, she will continue to lead the Company's sales functions and will expand her scope to include oversight of the other revenue-related areas of the business, including Sales Training and Customer Education.
Under Ms. Grubbs' leadership, the NeuroStar Advanced Therapy footprint has grown with the addition of 250 new accounts and 440 NeuroStar systems, and existing customers have seen increased productivity. Additionally, during her tenure, Neuronetics has expanded and entered into strategic partnerships with leading national accounts, most recently an exclusive agreement with Greenbrook TMS.
Neuronetics, Inc. a vertically integrated, commercial stage, medical technology and healthcare company. The Company’s NeuroStar Advanced Therapy (NeuroStar Therapy) is a non-drug, noninvasive treatment that can improve the quality of life for people suffering from neurohealth conditions. In addition to selling the NeuroStar Advanced Therapy System (NeuroStar System) and associated treatment sessions to customers, it operates Greenbrook treatment centers across the United States, offering NeuroStar Therapy for the treatment of major depressive disorder (MDD) and other mental health disorders. Spravato is offered to treat adults with treatment-resistant depression and depressive symptoms in adults with MDD with suicidal thoughts or actions. MDD is a recurrent disease and follows a fluctuating course over an individual’s lifetime. The Company provides more than 7.1 million treatments to over 1,95,000 patients.
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