Medtronic CEO Ishrak to retire after 8 years at helm

Ishrak, who will turn 65 next year, spearheaded Medtronic’s nearly $43 billion deal for rival Covidien in 2015, the largest acquisition in the medical technology industry that helped the company redomicile to Ireland, lowering its overall tax burden. Martha, who will become CEO on April 27 next year, led the integration of Covidien and Medtronic and currently is executive vice president of restorative therapies group (RTG), a unit that sells devices such as spinal implants and robotic surgery systems.

source https://finance.yahoo.com/news/medtronic-ceo-ishrak-retire-8-134353171.html?.tsrc=rss

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