-
MiniMed holders re-elect four Class I directors, ratify PwC, back annual say-on-pay votes
All four director nominees elected at Oct 9, 2026 annual meeting: Kevin E. Lofton (273,936,720 for), David J. Endicott (275,525,168), D. Keith Grossman (273,943,472) and Tim A. Wicks (273,946,011).
-
MiniMed Q1 FY27 net sales $843M +16.6%; raises FY27 organic growth to ~10.5%
Net sales $843M, +16.6% as reported, +15.8% organic; U.S. +13.1% to $240M, international +18.1% to $603M.
-
MiniMed General Counsel Courtney Nelson Wills resigns effective Sept 25, 2026
Courtney Nelson Wills, SVP, General Counsel and Corporate Secretary, notified MiniMed of resignation on July 30, 2026.
-
MiniMed expands board to 11; appoints David Endicott (Alcon CEO) and Linnea Burman (Medtronic SVP)
Board increased from 9 to 11; appointments effective June 29, 2026.
-
MiniMed Q4 net sales $837M (+16% as reported); FY27 organic growth guidance ~10%
Q4 net sales $837M (+15.6% as reported, +8.7% organic); International $599M (+22.4% as reported, +12.2% organic).
-
MiniMed director Brett Wall resigns; Scott Cundy appointed effective July 3, 2026
Brett Wall (class II director) resigns effective July 3, 2026; no disagreement with management or board.
-
MiniMed parent Medtronic discloses unauthorized third-party data access; MiniMed IT not compromised
Medtronic reported an unauthorized third party accessed data in certain IT systems on April 24, 2026.
-
MiniMed adopts new executive severance plans: 2x pay on non-CIC termination, 3x on CIC
Severance Plan for Executives provides lump sum equal to 2x base salary plus target annual bonus, plus 24 months COBRA on non-CIC termination.
-
MiniMed Flex insulin pump receives FDA clearance months early; $157M charge expected in Q4 FY2026
FDA cleared MiniMed Flex insulin pump several months earlier than expected, enabling earlier commercialization.
-
MiniMed Group completes IPO, raises ~$560M; Medtronic retains 90% ownership
IPO of 28M shares at $20/share; net proceeds ~$560M; $309M retained for corporate purposes, excess repays Medtronic intercompany debt.