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Geoff Martha is Chairman and CEO of Medtronic, the global leader in healthcare technology. In his role, Geoff leads the $32 billion company and its 95,000 employees to deliver ground-breaking technology solutions for more people in more places around the world. Medtronic served 78 million patients in FY24. Geoff leads the enterprise in pursuit of fulfilling the Medtronic Mission to use technology to improve human welfare. Since becoming CEO in 2020, he has been recognized as a driven and innovative executive, including as a top CEO in healthcare technology by the Healthcare Technology Report and as one of Modern Healthcare’s most influential people in healthcare.
The Medtronic Mission — to alleviate pain, restore health, and extend life — has inspired its researchers and engineers to create some of the most meaningful medical technologies in the history of healthcare: a pacemaker the size of a vitamin pill, the world’s first hybrid closed-loop diabetes pump, neurostimulators for pain and brain disorders, and more.
Under Geoff’s leadership, Medtronic is leveraging the latest advances in cutting edge technology to transform healthcare, including manufacturing processes, robotics, data, machine learning, and artificial intelligence. Recognizing the power of partnerships and innovative collaborations, Geoff has accelerated Medtronic’s strategic acquisitions, boldly pursued novel R&D funding models, and embraced new ways to partner across industries and global borders.
Geoff assumed his role as CEO as the COVID-19 pandemic rocked communities around the world. As part of his commitment to lead with purpose, Geoff quickly mobilized the company and took action to help global healthcare professionals and partners continue to treat patients and protect themselves. In addition to accelerating the development of remote solutions, he made the unprecedented move to open source the company’s intellectual property, making proprietary ventilator designs available to manufacturers around the world. The move helped address growing global demand for ventilators, resulted in new partnerships, and broke down barriers across industries to enhance care. For these efforts, Medtronic received a Fortune Change the World award in 2020, and in 2021, the Ireland-U.S. Council awarded him with the Global Achievement Award to recognize his role in overseeing Medtronic’s significant contributions to the fight against the pandemic.
During Geoff’s tenure, Medtronic has been lauded for its innovation in healthcare technology. In 2022, the company was yet again named to Fortune’s Change the World list for its GI Genius™ intelligent endoscopy module, the first commercially available system that uses AI to help physicians detect polyps and flag signs of colon cancer.
Geoff has also helped further Medtronic’s reputation as a world-class business and employer. Medtronic was ranked number one in Healthcare Technology Report’s Top 100 Health Tech Companies of 2023, was recognized as one of Fortune’s Most Admired Companies in 2021, 2022 and 2023, and has consistently been named one of America’s Most JUST Companies by JUST Capital and CNBC.
Medtronic was selected as one of the World’s Best Employers by Forbes in 2022. In 2023, the company was included in the Bloomberg Gender-Equality Index for the first time and ranked second in DiversityInc’s Top 50 Companies for Diversity — reflecting its unwavering commitment to diversity, equity, and inclusion.
Since joining Medtronic in 2011, Geoff has remained an ardent supporter of Medtronic- sponsored philanthropic and diversity initiatives. He is a member of the Medtronic Foundation Board of Directors and serves as Medtronic’s Executive Sponsor to FIRST Robotics. Geoff also led the Medtronic African Descent Network ― an internal resource group focused on recruitment, engagement, retention, and development for employees of African descent.
Prior to becoming CEO of Medtronic, Geoff held various leadership roles on the company’s executive committee, including SVP, Strategy and Business Development; Chief Integration Officer; and Executive Vice President, Restorative Therapies Group.
Notably, he led the acquisition and subsequent integration of Covidien, the largest acquisition in the history of the medical technology industry. Before joining Medtronic, Geoff spent 19 years in a variety of business development, strategic marketing, and sales management roles at GE Healthcare and GE Capital.
Geoff is an active member of the global business community, sitting on the Business Roundtable and the World Economic Forum’s International Business Council, as well as serving on the Board of Directors for NextEra Energy and the U.S.-China Business Council, and as Treasurer for AdvaMed. He is a member of the Board of Trustees for the Asia Society, a leading educational organization dedicated to promoting mutual understanding and strengthening partnerships among peoples, leaders, and institutions of Asia and the U.S. in a global context. He is also President of the Executive Committee of the board of directors for the Minnesota Business Partnership. In 2021, he served as co-chair of the Taskforce on Health and Life Sciences for B20, a G20 engagement group.
Passionate about socioeconomic issues, Geoff serves on the Board of Directors for several non-profit organizations including the Northside Achievement Zone (NAZ), a Minneapolis-based community collaborative that works to end generational poverty and build a culture of achievement so low-income children of color graduate college and are career-ready, and the YMCA of the North, which works to nurture the potential of every child and teen, ensuring everyone has the opportunity to become healthier, more confident, connected and secure. He was also one of the founding members of OneTen coalition, an, organization committed to breaking down systemic barriers for Black Americans.
Geoff received a bachelor’s degree in Finance as a member of the Scholars Program from Pennsylvania State University, graduating with highest honors. He was captain of the Penn State men’s hockey team and later inducted into its Hockey Hall of Fame. In 2016, the University awarded him the Penn State Hockey Distinguished Alumni Award. He is also a member of Penn State’s College of Liberal Arts Development Council.