Medtronic plc (MDT)

About Medtronic plc (MDT)

Company Description:


Medtronic plc, a global leader in medical technology, services, and solutions, focuses on improving the lives of millions of people worldwide. The company offers products and therapies for various medical conditions, including cardiac and vascular diseases, diabetes, and neurological and musculoskeletal conditions.

Medtronic was founded in 1949 by Earl Bakken and Palmer Hermundslie and is now headquartered in Dublin, Ireland, reflecting a strategic move to better align itself in the global marketplace.


Main Product(s):


Medtronic's primary products include pacemakers, defibrillators, heart valves, stents, insulin pumps, spinal fixation devices, neurovascular products, and surgical tools, reflecting its focus on diverse medical arenas.


Short History of Medtronic plc:


  • 1949 – Medtronic was founded in Minneapolis, Minnesota, by Earl Bakken and Palmer Hermundslie.
  • 1960 – The company produced the first battery-operated, wearable external pacemaker.
  • 1977 – Medtronic began trading on the New York Stock Exchange.
  • 1998 – Medtronic acquired Sofamor Danek, expanding into spinal and biologics.
  • 2015 – Medtronic completed its acquisition of Covidien, significantly expanding its product portfolio.
  • 2020 – The company continued to innovate in the minimally invasive surgery space and digital health.

Key Executives:

NameTitlePayExercisedYear Born
Mr. Geoffrey Straub MarthaChairman of the Board & CEO1.79MN/A1970
Ms. Karen L. ParkhillExecutive VP & CFO992.24kN/A1965
Mr. Sean M. SalmonExecutive VP & President of Cardiovascular Portfolio900.97k418.71k1965
Mr. Robert J. W. ten HoedtExecutive VP & President of Global Regions1.24M96.01k1960
Mr. Robert John WhiteExecutive VP & President of Medical Surgical Portfolio925.22kN/A1963
Mr. Mark PloofSenior Vice President of Global Operations and Business ServicesN/AN/AN/A
Ms. Jennifer M. KirkSenior VP, Global Controller & Chief Accounting OfficerN/AN/A1975
Dr. Kenneth E. Washington Ph.D.Senior VP and Chief Technology & Innovation OfficerN/AN/A1960
Dr. Laura Mauri M.D., M.Sc.Senior VP and Chief Scientific, Medical & Regulatory OfficerN/AN/AN/A
Mr. Ryan WeispfenningVP & Head of Investor RelationsN/AN/AN/A

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