Medtronic Welcomes Thierry Piéton as New Chief Financial Officer Starting March 2025
Medtronic Appoints Thierry Piéton as Chief Financial Officer
In a significant move for its executive team, Medtronic plc has appointed Thierry Piéton as Chief Financial Officer (CFO), effective March 3, 2025. This announcement, made on January 21, 2025, highlights the company's commitment to strong financial leadership amid the rapidly evolving healthcare landscape.
Thierry Piéton comes to Medtronic from Renault Group, where he held the position of CFO since March 2022. During his tenure at Renault, Piéton not only achieved record-high operating margins but also enhanced free cash flow, showcasing his capability in driving financial performance. His track record is marked by strategic initiatives focusing on portfolio management, including mergers, acquisitions, and innovative partnerships that significantly increased shareholder value.
Reporting directly to Medtronic's Chairman and CEO, Geoff Martha, Piéton will be an integral part of the Medtronic Executive Committee. „Thierry's expertise in delivering innovation-driven growth aligns perfectly with our financial objectives,