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Nuwellis Appoints John Erb as Chief Executive Officer

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Nuwellis (Nasdaq: NUWE) has appointed John Erb as its permanent Chief Executive Officer, effective June 27, 2025. Erb, who has been serving as interim CEO since February 2025, previously held the CEO position from 2015 to 2020. This appointment follows his successful interim leadership period where he demonstrated ability to bring stability and renewed momentum to the medical technology company.

The Board's decision reflects their confidence in Erb's leadership capabilities and his deep understanding of Nuwellis's mission in advancing fluid management solutions. Under his guidance, the company aims to focus on strategic clarity, operational discipline, and sustainable growth.

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Positive

  • Appointment of experienced leader with previous CEO tenure at the company (2015-2020)
  • Demonstrated success in bringing stability during interim period
  • Continuity in leadership with deep understanding of company operations

Negative

  • None.
WHOWHATWHEREWHENHOW
John ErbAppointed as Chief Executive Officer

(no longer serving in an interim capacity)
Nuwellis HeadquartersEffective June 27, 2025Appointment confirmed by the Board of Directors following his interim leadership


MINNEAPOLIS, July 02, 2025 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE), a medical technology company dedicated to advancing solutions in fluid management, today announced the appointment of John Erb as its Chief Executive Officer. Erb, who has served as interim CEO since February 2025, will continue to lead the company with a focus on strategic clarity, operational discipline, and sustainable growth.

This marks Erb’s return to the CEO role at Nuwellis, having previously served in the position from 2015 – 2020. His reappointment reflects the Board’s confidence in his leadership and deep understanding of the company’s mission and potential. Under his interim leadership, Erb has brought stability and renewed momentum to the organization.

“I’m honored to lead Nuwellis at such a pivotal moment,” said John Erb, CEO of Nuwellis. “We have a passionate team, a therapy that saves lives, and a vision that resonates with clinicians. I’m excited to build on our strong foundation and drive the company forward.”

For more information about Nuwellis, please visit www.nuwellis.com.

About Nuwellis Nuwellis, Inc. (Nasdaq: NUWE) is a medical device company dedicated to transforming the lives of patients suffering from fluid overload through science, collaboration, and innovation. The company is focused on commercializing the Aquadex SmartFlow® system for ultrafiltration therapy. Nuwellis is headquartered in Minneapolis, with a wholly owned subsidiary in Ireland. For more information visit www.nuwellis.com or visit us on LinkedIn or Twitter.

About the Aquadex SmartFlow® System The Aquadex SmartFlow system delivers clinically proven therapy using a simple, flexible and smart method of removing excess fluid from patients suffering from hypervolemia (fluid overload). The Aquadex SmartFlow system is indicated for temporary (up to 8 hours) or extended (longer than 8 hours in patients who require hospitalization) use in adult and pediatric patients weighing 20 kg or more whose fluid overload is unresponsive to medical management, including diuretics. All treatments must be administered by a health care provider, within an outpatient or inpatient clinical setting, under physician prescription, both having received training in extracorporeal therapies.

Forward-Looking Statements Certain statements in this release may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation, statements regarding the new market opportunities and anticipated growth in 2025 and beyond. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this release, including, without limitation, those risks associated with our ability to execute on our commercialization strategy, the possibility that we may be unable to raise sufficient funds necessary for our anticipated operations, our post-market clinical data collection activities, benefits of our products to patients, our expectations with respect to product development and commercialization efforts, our ability to increase market and physician acceptance of our products, potentially competitive product offerings, intellectual property protection, our ability to integrate acquired businesses, our expectations regarding anticipated synergies with and benefits from acquired businesses, and other risks and uncertainties described in our filings with the SEC. Forward-looking statements speak only as of the date when made. Nuwellis does not assume any obligation to publicly update or revise any forward-looking statements, whether due to new information, future events or otherwise.



For further information, please contact:

Investor Relations:
Rob Scott
Chief Financial Officer
Robert.scott@nuwellis.com

Media Contact:
Leah McMullen
Director of Communications
Leah.mcmullen@nuwellis.com

FAQ

Who is the new CEO of Nuwellis (NUWE)?

John Erb has been appointed as the permanent CEO of Nuwellis, effective June 27, 2025, after serving as interim CEO since February 2025.

What is John Erb's previous experience with Nuwellis (NUWE)?

John Erb previously served as Nuwellis's CEO from 2015 to 2020, and most recently as interim CEO since February 2025.

When did John Erb become the permanent CEO of Nuwellis (NUWE)?

John Erb was appointed as permanent CEO of Nuwellis effective June 27, 2025.

What are the main focus areas for Nuwellis (NUWE) under John Erb's leadership?

Under John Erb's leadership, Nuwellis will focus on strategic clarity, operational discipline, and sustainable growth.

What does Nuwellis (NUWE) specialize in?

Nuwellis is a medical technology company specialized in advancing solutions in fluid management.
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