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Medtronic CEO Omar Ishrak Announces Retirement; Geoff Martha Will Be New CEO

 
• By Reed Miller

Ishrak will remain with the company as executive chairman. Geoff Martha, the current head of Medtronic’s restorative therapies group, will become president on 1 November and CEO in April 2020. Brett Wall, the current lead of the brain therapies business, will head the restorative therapies group.

Medtronic
• Source: shutterstock.com

Medtronic PLC CEO Omar Ishrak will transition to executive chairman of the company and Geoff Martha will take over as CEO at the beginning of Medtronic’s next fiscal year on 27 April 2020, the company announced 28 August.

Ishrak’s retirement and Martha’s ascension to the top job is part of a “multi-year, leadership succession planning process, which will ensure a smooth and successful transition in leadership across the...

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