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Medtronic appoints Renault executive Thierry Pieton as finance chief
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Medtronic appoints Renault executive Thierry Pieton as finance chief
Jan 21, 2025 4:49 AM

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.

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