Medtronic CEO Omar Ishrak becomes Intel board chairman: 4 details

The Intel board elected outgoing Medtronic CEO Omar Ishrak, PhD, as chairman, the company announced on Jan. 21.

Advertisement

Four things to know:

1. Dr. Ishrak will succeed Andy Bryant, who stepped down during the company’s board meeting on Jan. 15. Mr. Bryant will remain on the board through the end of the year.

2. Dr. Ishrak is currently the Executive Chairman and CEO of Medtronic, but he announced last August he plans to retire as CEO on April 26, 2020. He has led Medtronic since June 2011 and during his tenure the company grew to report more than $30 billion in annual revenue.

3. While leading Medtronic, Dr. Ishrak oversaw the company’s acquisition of Covidien and transitioned Medtronic’s headquarters to Ireland.

4. Prior to joining Medtronic, Dr. Ishrak served as president and CEO of GE Healthcare Systems, the $12 billion division of GE Healthcare.

More articles on orthopedic devices:
Life Spine reports double-digit revenue growth, 7 new FDA gains in 2019
NuVasive, Alphatec report preliminary 2019 results & more: 11 device company notes
4 big devicemakers rival Intuitive Surgical in robotics — Medtronic, Stryker & more

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

160 ambulatory leaders just ranked the EHR as the single system most overdue for AI reinvention

Tuesday, August 11
12:00 PM - 1:00 PM CDT

Presenter: Gautam Shah, MBA, FACHDM, NextGen Healthcare

Advertisement

Next Up in Spinal Tech

Advertisement

Comments are closed.