Core Viewpoint - Medtronic plc has appointed Thierry Piéton as Chief Financial Officer, effective March 3, 2025, to enhance its financial leadership and drive innovation-driven growth [1][2] Group 1: Appointment Details - Thierry Piéton will report to Medtronic Chairman and CEO Geoff Martha and will join the Executive Committee [1] - Gary Corona, the interim CFO, will transition to Senior Vice President, Corporate Finance after Piéton's arrival [1][4] Group 2: Piéton's Background and Experience - Piéton has a proven track record in delivering innovation-driven growth and margin improvement, aligning with Medtronic's financial objectives [2] - Under Piéton's leadership, Renault achieved its highest operating margins and improved free cash flow, contributing to significant shareholder value [2] - His experience spans healthcare and highly regulated manufacturing sectors, including roles at Nissan, General Electric, and PricewaterhouseCoopers [2] Group 3: Responsibilities as CFO - As CFO, Piéton will lead Medtronic's global finance organization and oversee key functions such as Treasury, Controller, Tax, Internal Audit, Investor Relations, Corporate Strategy, and Business Development [3]
Medtronic appoints Thierry Piéton as Chief Financial Officer