Medtronic Plc (MDT), a healthcare technology firm, announced on Wednesday that its Chief Financial Officer Karen Parkhill will step down with effect from August 2 to join HP Inc. (HPQ) as CFO.
Subsequently, the company has appointed Gary Corona, Senior Vice President, Global Financial Planning and Analysis, as Interim CFO upon her departure.
Medtronic has started a search to find a suitable replacement for the outgoing CFO.
Further, Medtronic has reaffirmed guidance for the full year. For the full year, Medtronic projects adjusted earnings per share of $5.40 to $5.50, on revenue growth of 2.4 percent to 3.7 percent.
On average, 29 analysts polled by Thomson Reuters expect the company to report income of $5.44 per share, on revenue of $33.41 billion, for the year. Analysts' estimates typically exclude special items.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.