Medtronic plc (NYSE:MDT) today announced that
"On behalf of our employees, our executive committee and our board of directors, I want to thank Karen for her leadership over the last eight years. I am personally grateful to Karen for her support through my transition to CEO, navigating the pandemic and delivering a new operating model for the company. We wish her all the best as she takes on the next chapter of her career," said
"It has been a pleasure to serve Medtronic and our Mission for the last eight years," said Parkhill. "I am grateful to have had the opportunity to lead the outstanding finance team at Medtronic, and I know they will continue to deliver on our commitments. I remain excited about the plans Medtronic has for the future, and most of all, the huge impact Medtronic technologies will have on the lives of patients around the world."
The company is evaluating internal and external succession candidates. Parkhill will continue to serve as chief financial officer until her departure on
In addition, the company also reaffirmed guidance for its first quarter and full fiscal year 2025, as previously disclosed in its
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