INSULET CORP (PODD)
Sector: Health Care
Sector: Health Care
INSULET CORP - Executive Compensation
Senior Vice President, Global Operations
Executive Compensation
Prem Singh serves as Senior Vice President of Global Operations at Insulet Corporation, a pioneering medical device company renowned for its Omnipod insulin management system. With over 25 years of experience in the healthcare and manufacturing sectors, Prem began his career as an operations engineer at a leading pharmaceutical firm, where he honed his expertise in lean manufacturing and supply chain optimization. He advanced through progressively senior roles at Medtronic and Abbott Laboratories, leading cross-functional teams to streamline production processes and expand international footprints. Prem holds a Bachelor's degree in Mechanical Engineering from the Indian Institute of Technology and an MBA from the Wharton School, blending technical prowess with strategic business acumen. Under Prem's leadership at previous organizations, he spearheaded initiatives that reduced manufacturing costs by up to 30% and improved on-time delivery rates to 99%, earning him the Industry Excellence Award from the Healthcare Supply Chain Association. At Insulet, he has been instrumental in scaling global operations to meet surging demand for tubeless insulin delivery solutions, implementing advanced automation and sustainable practices that enhanced supply chain resilience amid pandemic disruptions. His efforts have supported the company's revenue growth from $1 billion to over $1.5 billion in recent years, while maintaining rigorous quality standards compliant with FDA and international regulations. In his current role, Prem oversees a worldwide network of manufacturing facilities, logistics, and procurement, driving Insulet's mission to simplify life for people with diabetes. He champions innovation in operational efficiency, including AI-driven predictive analytics for inventory management, and fosters a culture of continuous improvement. Prem is a sought-after speaker at industry conferences and serves on the board of the Global Medical Device Supply Chain Forum, where he advocates for equitable access to life-saving technologies.