Medtronic CEO To Retire; Outside Replacement Sought

Medtronic CEO To Retire; Outside Replacement Sought

Share this story with your network

Medtronic Inc. (MDT) Chairman and Chief Executive Bill Hawkins plans to retire at the end of the medical-device maker’s current fiscal year, departing after more than three years at the helm and during a tumultuous time for the company and industry at large.

Minneapolis-based Medtronic said Monday it plans to search externally for a successor.

The devices giant has suffered from industry-wide challenges during Hawkins’ tenure, such as pressure from the economic downturn as it slowed traffic at hospitals, but …

**SUBSCRIPTION REQUIRED FOR COMPLETE ARTICLE**

Leave a Comment

Your email address will not be published. Required fields are marked *

*