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Document NEWS RELEASE Contacts Erika Winkels Ryan Weispfenning Public Relations Investor Relations +1-763-526-8478 +1-763-505-4626 FOR IMMEDIATE RELEASE Medtronic Board appoints Greg Lewis as new Director DUBLIN

Key Takeaway: Medtronic has appointed Greg Lewis, the CFO of Honeywell, to its Board of Directors, effective June 26, 2023. Lewis will serve on both the Audit Committee and the Finance and Financial Risk Committee. Company leaders express that his financial expertise will significantly benefit Medtronic as it undergoes a comprehensive transformation aimed at achieving sustainable growth. Lewis acknowledges the company's mission and looks forward to contributing to its progress.
Price reaction · baseline $87.48 (2023-06-23 close) · clean, no other MDT news in the window
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Market Sentiment Analysis

POSITIVE FACTORS

  • Appointment of Greg Lewis is viewed as a strong asset for Medtronic.
  • Lewis brings extensive financial leadership experience from Honeywell.
  • The board believes this appointment aligns with the company's growth transformation.

Full Press Release Details

Contacts
Erika Winkels Ryan Weispfenning
Public Relations Investor Relations
+1-763-526-8478 +1-763-505-4626
Medtronic Board appoints Greg Lewis as new Director
DUBLIN, June 26, 2023 -- Medtronic announced today that its Board of Directors appointed Greg Lewis, Senior Vice President and Chief Financial Officer at Honeywell, to the Board. Lewis will serve on the Audit Committee and the Finance and Financial Risk Committee, effective June 26, 2023.
"We are thrilled to have Greg Lewis join our Board. His background in financial leadership across multiple industries will be a strong asset as Medtronic pushes forward a comprehensive transformation that will set us up to deliver on durable growth," said Geoff Martha, Chairman and CEO of Medtronic.
"I'm honored to join the Medtronic Board of Directors. I believe in the company's mission to alleviate pain, restore health and extend life," Lewis said. "I'm excited to bring my experience to bear as they transform the company and move this mission forward."
Lewis joined Honeywell in 2006 and has held a variety of financial leadership roles across the company, including Vice President of Corporate Finance and CFO of Honeywell's Automation and Control Solutions (ACS) segment. Lewis started his career at Kraft Foods and went on to roles at Tyco International and the Stanley Works. He received his MBA from Fordham University and a bachelor's degree in finance from the University of Connecticut.
Bold thinking. Bolder actions. We are Medtronic. Medtronic plc, headquartered in Dublin, Ireland, is the leading global healthcare technology company that boldly attacks the most challenging health problems facing humanity by searching out and finding solutions. Our Mission - to alleviate pain, restore health, and extend life - unites a global team of 90,000+ passionate people across 150 countries. Our technologies and
therapies treat 70 health conditions and include cardiac devices, surgical robotics, insulin pumps, surgical tools, patient monitoring systems, and more. Powered by our diverse knowledge, insatiable curiosity, and desire to help all those who need it, we deliver innovative technologies that transform the lives of two people every second, every hour, every day. Expect more from us as we empower insight-driven care, experiences that put people first, and better outcomes for our world. In everything we do, we are engineering the extraordinary. For more information on Medtronic (NYSE MDT), visit www.Medtronic.com and follow Medtronic on Twitter and LinkedIn.
Any forward-looking statements are subject to risks and uncertainties such as those described in Medtronic's periodic reports on file with the Securities and Exchange Commission. Actual results may differ materially from anticipated results.

Frequently Asked Questions

Who was appointed to the Medtronic Board of Directors?

Greg Lewis was appointed as a new Director on June 26, 2023.

What positions will Greg Lewis hold at Medtronic?

He will serve on the Audit Committee and the Finance and Financial Risk Committee.

What is Greg Lewis's background?

Lewis has extensive financial leadership experience, notably at Honeywell since 2006.

What is Medtronic's mission?

Medtronic's mission is to alleviate pain, restore health, and extend life.

Where is Medtronic headquartered?

Medtronic is headquartered in Dublin, Ireland.

Last updated: Jun 26, 2023