Medtronic plc (NYSE:MDT) Morgan Stanley twenty third Annual International Healthcare Convention September 8, 2025 4:50 PM EDT
Firm Members
Thierry Pieton – Government VP & CFO
Convention Name Members
Patrick Wooden – Morgan Stanley, Analysis Division
Presentation
Patrick Wooden
MD of Fairness Analysis
I believe we’ll kick issues off. Thanks a lot, all people. Day 1 Morgan Stanley International Healthcare Convention. Thanks, all people, for coming. Patrick Wooden, clearly, I run the U.S. MedTech staff right here. Thrilling, thrilling disclosures, morganstanley.com/analysis disclosures. I am certain you will all be going there proper after this assembly. However what’s thrilling is to have Thierry right here as CFO of Medtronic, which is an thrilling one. So thanks for becoming a member of us.
Thierry Pieton
Government VP & CFO
Thanks for having me. Pleasure to be right here.
Query-and-Reply Session
Patrick Wooden
Morgan Stanley, Analysis Division
I obtained to start out with simply sort of the apparent one since you joined the enterprise from a unique trade, and I am most likely going to wish to dive into this a bit. However how have you ever discovered the transition? What stunned you, simply the whole lot about that?
Thierry Pieton
Government VP & CFO
Sure. So I’ve labored for a lot of totally different industries over my profession with GE and with automotive, et cetera. So I am used to sort of altering industries fairly shortly. I might say the transition to Medtronic has been actually good. It is a very kind of welcoming tradition open to new concepts, and so they needed somebody with my background. In order that they’re clearly — there’s excessive expectations, I assume. But it surely’s been straightforward to sort of get entry to everybody within the enterprise.
Look, there’s quite a lot of surprises on a day-to-day foundation by way of the expertise, the merchandise, et cetera. It is simple to neglect how superb a number of the merchandise are and the distinction that they make. The tradition for