He succeeds Karen Parkhill, the CFO since 2016 who officially ended her tenure on Aug. 2 to join the tech giant HP as finance chief. Gary Corona will continue as interim CFO until Piéton joins Medtronic.

Medtronic said on Tuesday it will appoint Renault's finance chief Thierry Piéton as its chief financial officer, effective March 3.

Piéton fills an opening left by Karen Parkhill, who became HP’s CFO in August after eight years with Medtronic.

Medtronic on Tuesday named an alum of General Electric and French automaker Renault Group to become its new chief financial officer and take on investor pressure to increase profit margins and boost innovation.

Medtronic (NYSE: MDT) has named Thierry Piéton, currently the chief financial officer of automaker Renault Group, as its next CFO. Piéton will join the medical-device manufacturer effective March 3, taking over from Gary Corona, who's served as interim CFO since last summer following the departure of Karen Parkhill for HP Inc.

(Reuters) - Medtronic said on Monday it will appoint Renault's finance chief Thierry Piéton as its Chief Financial Officer, effective March 3. Piéton will succeed Gary Corona, who has been serving as interim CFO. Copyright 2025 Thomson Reuters.