ResMed Inc. Announces CEO Resignation

ResMed Inc. RMD today announced changes to its management team. Kieran T. Gallahue has resigned his position as Chief Executive Officer and President, and as a director, effective January 28, 2011. The board has appointed Dr. Peter C. Farrell, ResMed's founder and executive chairman, to serve as interim Chief Executive Officer and President, effective January 28, 2011. Dr. Farrell will also continue to serve as executive chairman of the board of directors. ResMed does not anticipate any material change in strategy or operations as a result of this management change.