26.06.2024 15:46:38 - dpa-AFX: Medtronic CFO Karen Parkhill To Step Down, Backs Annual Outlook

WASHINGTON (dpa-AFX) - 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.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Medtronic plc A14M2J NYSE 76,840 08.07.24 22:00:00 -0,770 -0,99% 76,520 76,930 77,070 77,610
HP A142VP NYSE 35,310 08.07.24 21:59:59 +0,680 +1,96% 35,010 35,570 34,850 34,630

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