2019 Power 50: Shacey Petrovic
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Petrovic has taken a publicly traded company valued at $6.2 billion to new heights in a short amount of time. Petrovic took over for former CEO Patrick Sullivan at the beginning of 2019 after working at chief commercial officer and then chief operating officer for Insulet, an insulin delivery device manufacturer. Through her first few months, Petrovic has overseen the move from Billerica to a $200-million manufacturing facility and headquarters in Acton.
The company’s stock price has risen more than 40% since the start of January. The first quarter of 2019 – Petrovic’s first as CEO – was one of the company’s best, posting a 29% increase in revenue and a profitable first quarter after recording a loss for the same period in 2018. She is the only female CEO of a Central Massachusetts public company. Insulet is an active member of the Acton community, donating time and employees to public park restoration projects, organizing food and toy drives, and supporting fundraising drives.
Where is Central Mass. headed? There is such strong potential for growth here. We chose Acton for our highly-automated U.S. manufacturing facility because we recognize the remarkable resources here, primarily in terms of talent.
Tour de Portugal: I have traveled to more than 30 countries. My husband and I recently completed a week-long bike trip through Southern Portugal, touring castles, wineries and historic monuments.
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