secwatch.observer — SEC 8-K summary
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Issuer:     Medtronic plc (MDT)
CIK:        0001613103
Form:       8-K
Filed at:   2025-01-21T23:59:59+00:00
Accession:  0001613103-25-000005
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Medtronic appoints Thierry Pieton as CFO effective March 3, 2025
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1613103/000161310325000005/0001613103-25-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1613103/000161310325000005/mdt-20250117.htm
  HTML page:      https://secwatch.observer/filing/0001613103-25-000005

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