Jan 21 (Reuters) - Medtronic ( MDT ) will appoint
Renault's finance chief Thierry Pieton as its chief
financial officer effective March 3, the medical device maker
said on Tuesday.
Pieton will succeed Gary Corona, who has been serving as
interim CFO, after Medtronic's ( MDT ) previous CFO Karen Parkhill
jumped ship to join HP Inc ( HPQ ) in June last year.
Parkhill's exit came months after Medtronic ( MDT ), as part of a
turnaround, decided to exit its unprofitable ventilator product
line within its patient monitoring and respiratory interventions
(PMRI) business.
Under Pieton's leadership, Renault has reported sales growth
in the last two years, outperforming larger European rival
Volkswagen in 2024 with a small rise in volumes.
Pieton has previously worked as an executive at U.S.-based
GE Healthcare ( GEHC ) between 2001 and 2004.