Medtronic Director Departs, New Officers Elected

Ticker: MDT · Form: 8-K · Filed: 2025-03-17T00:00:00.000Z

Sentiment: neutral

Topics: director-departure, officer-compensation, board-election

Related Tickers: MDT

TL;DR

Minnick out at Medtronic, new board members in. Standard officer comp updates.

AI Summary

Medtronic plc announced on March 12, 2025, the departure of director Michael J. Minnick. The company also elected new directors and approved compensatory arrangements for certain officers. Specific details on the compensatory arrangements were filed as exhibits.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy or governance.

Risk Assessment

Risk Level: low — This filing primarily concerns routine board and officer changes and compensatory arrangements, which are common corporate events.

Key Players & Entities

FAQ

When did Michael J. Minnick's departure from the Medtronic board become effective?

Michael J. Minnick's departure was effective as of March 12, 2025.

What other items are covered in this 8-K filing besides director departure?

This filing also covers the election of directors and compensatory arrangements of certain officers.

What is Medtronic plc's Central Index Key (CIK)?

Medtronic plc's Central Index Key is 0001613103.

What is Medtronic's Standard Industrial Classification (SIC) code?

Medtronic's SIC code is 3845, for Electromedical & Electrotherapeutic Apparatus.

What is Medtronic's fiscal year end?

Medtronic's fiscal year ends on April 25 (0425).

From the Filing

0001613103-25-000034.txt : 20250317 0001613103-25-000034.hdr.sgml : 20250317 20250317163048 ACCESSION NUMBER: 0001613103-25-000034 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250312 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250317 DATE AS OF CHANGE: 20250317 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Medtronic plc CENTRAL INDEX KEY: 0001613103 STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 000000000 FISCAL YEAR END: 0425 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36820 FILM NUMBER: 25744976 BUSINESS ADDRESS: STREET 1: BUILDING TWO PARKMORE BUSINESS PARK WEST CITY: GALWAY STATE: L2 ZIP: H91 4K49 BUSINESS PHONE: 01135314381700 MAIL ADDRESS: STREET 1: BUILDING TWO PARKMORE BUSINESS PARK WEST CITY: GALWAY STATE: L2 ZIP: H91 4K49 FORMER COMPANY: FORMER CONFORMED NAME: Medtronic Ltd DATE OF NAME CHANGE: 20150112 FORMER COMPANY: FORMER CONFORMED NAME: Medtronic Holdings Ltd DATE OF NAME CHANGE: 20140711 FORMER COMPANY: FORMER CONFORMED NAME: Kalani I Ltd DATE OF NAME CHANGE: 20140709 8-K 1 mdt-20250312.htm 8-K mdt-20250312 0001613103 H91 VY19 false 0001613103 2025-03-12 2025-03-12 0001613103 us-gaap:CommonStockMember 2025-03-12 2025-03-12 0001613103 mdt:A0.250SeniorNotesDue2025Member 2025-03-12 2025-03-12 0001613103 mdt:A0.000SeniorNotesDue2025Member 2025-03-12 2025-03-12 0001613103 mdt:A2.625SeniorNotesDue2025Member 2025-03-12 2025-03-12 0001613103 mdt:A1.125SeniorNotesDue2027Member 2025-03-12 2025-03-12 0001613103 mdt:A0.375SeniorNotesDue2028Member 2025-03-12 2025-03-12 0001613103 mdt:A3.000SeniorNotesDue2028Member 2025-03-12 2025-03-12 0001613103 mdt:A3.650SeniorNotesDue2029Member 2025-03-12 2025-03-12 0001613103 mdt:A1.625SeniorNotesDue2031Member 2025-03-12 2025-03-12 0001613103 mdt:A1.000SeniorNotesDue2031Member 2025-03-12 2025-03-12 0001613103 mdt:A3.125SeniorNotesDue2031Member 2025-03-12 2025-03-12 0001613103 mdt:A0.750SeniorNotesDue2032Member 2025-03-12 2025-03-12 0001613103 mdt:A3.375SeniorNotesDue2034Member 2025-03-12 2025-03-12 0001613103 mdt:A3.875SeniorNotesDue2036Member 2025-03-12 2025-03-12 0001613103 mdt:A2.250SeniorNotesDue2039Member 2025-03-12 2025-03-12 0001613103 mdt:A1.500SeniorNotesDue2039Member 2025-03-12 2025-03-12 0001613103 mdt:A1.375SeniorNotesDue2040Member 2025-03-12 2025-03-12 0001613103 mdt:A4.150SeniorNotesDue2043Member 2025-03-12 2025-03-12 0001613103 mdt:A1.750SeniorNotesDue2049Member 2025-03-12 2025-03-12 0001613103 mdt:A1.625SeniorNotesDue2050Member 2025-03-12 2025-03-12 0001613103 mdt:A4.150SeniorNotesDue2053Member 2025-03-12 2025-03-12 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   _____________________________  FORM 8-K   _____________________________  CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 12, 2025   _____________________________  Medtronic plc (Exact name of Registrant as Specified in its Charter)    _____________________________    Ireland   1-36820   98-1183488 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.) Building Two Parkmore Business Park West Galway , Ireland (Address of principal executive offices) (Zip Code) + 353 1 438-1700 (Registrant’s telephone number, including area code) Not Applicable Former name or former address, if changed since last report Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities A

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