Randall Lipps is Chairman, President, Chief Executive Officer, and founder of Omnicell. Under his leadership, Omnicell has grown from offering a single product to delivering the most comprehensive portfolio of medication management solutions across the continuum of care. The company is now building on its success in advanced automation, data intelligence, and expert services to fulfill its vision of the Autonomous Pharmacy.
Mr. Lipps founded Omnicell in 1992 after observing how inefficiently medical supplies were managed when his daughter was hospitalized at birth. Inspired by his work in airline industry operations and logistics, he sought to enable better management of supplies and medications in order to improve patient care.
Omnicell became a publicly traded company in August 2001, and today the company’s award-winning solutions are used in over 5,000 hospitals throughout the world and in over 40,000 institutional and retail pharmacies. Omnicell has been recognized as one of the top 150 Silicon Valley companies, as measured by market capitalization, by the San Jose Mercury News.
In 2014 Mr. Lipps was elected to the Bellwether League Hall of Fame. The Bellwether League is an industry organization that honors healthcare supply chain innovators, pioneers, and visionaries.
Mr. Lipps has made giving back to the community a priority at Omnicell, and the company has contributed funds and other assistance in response to natural disasters and to support other causes such as Mercy Ships, which delivers free healthcare to some of the poorest people in the world. Mr. Lipps and his wife, Kathy, have focused their own philanthropy on poverty, nursing and public education, pharmacy research, youth groups, and local community efforts.
What is Randall A. Lipps' net worth?
The estimated net worth of Randall A. Lipps is at least $8.69 million as of June 8th, 2023. Mr. Lipps owns 318,768 shares of Omnicell stock worth more than $8,686,428 as of April 18th. This net worth evaluation does not reflect any other assets that Mr. Lipps may own. Additionally, Mr. Lipps receives a salary of $1,200,000.00 as CEO at Omnicell. Learn More about Randall A. Lipps' net worth.
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Has Randall A. Lipps been buying or selling shares of Omnicell?
Randall A. Lipps has not been actively trading shares of Omnicell during the last quarter. Most recently, on Thursday, June 8th, Randall A. Lipps bought 4,000 shares of Omnicell stock. The stock was acquired at an average cost of $73.76 per share, with a total value of $295,040.00. Following the completion of the transaction, the chief executive officer now directly owns 318,768 shares of the company's stock, valued at $23,512,327.68. Learn More on Randall A. Lipps' trading history.
Who are Omnicell's active insiders?
Are insiders buying or selling shares of Omnicell?
During the last year, Omnicell insiders bought shares 1 times. They purchased a total of 4,000 shares worth more than $295,040.00. During the last year, insiders at the sold shares 1 times. They sold a total of 7,951 shares worth more than $581,536.14. The most recent insider tranaction occured on June, 9th when EVP Christine Marie Mellon sold 7,951 shares worth more than $581,536.14. Insiders at Omnicell own 2.6% of the company.
Learn More about insider trades at Omnicell. Information on this page was last updated on 6/9/2023.
