Medtronic appoints Thierry Pieton as CFO effective March 3, 2025

Medtronic plc

Thierry Pieton, former Renault Group CFO, named Medtronic CFO; reports to CEO Geoff Martha.
Salary: $850,000 base; 110% MIP target; $2M LTIP for FY2025 (PSU/stock option/RSU).
One-time cash bonus of $3M (3 installments) and $2.5M new hire RSU to replace foregone compensation.
Interim CFO Gary Corona becomes SVP Corporate Finance on Executive Committee after transition.
Compensation committee approved $1M RSU grant to Corona for interim CFO service.

item 5.02 item 9.01

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Appointed

Thierry Pieton

Executive Vice President and Chief Financial Officer

MDT · Medtronic plc

Effective: 2025-03-03
Filed: January 21, 2025, 6:59 PM ET

On January 21, 2025, Medtronic plc (Company) announced the appointment of Thierry Pieton, age 54, as the Company’s Executive Vice President and Chief Financial Officer (CFO), effective as of March 3, 2025 (Effective Date).

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Thierry Pieton was appointed as Executive Vice President and Chief Financial Officer at Medtronic plc.

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

On January 21, 2025, Medtronic plc (Company) announced the appointment of Thierry Pieton, age 54, as the Company’s Executive Vice President and Chief Financial Officer (CFO), effective as of March 3, 2025 (Effective Date).

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Medtronic plc filing history →

Source: SEC EDGAR

accession 0001613103-25-000005

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