10. Changes at the topOmar Ishrak is preparing to retire from Medtronic’s corner office next year. Geoff Martha, already promoted to company president this year, will become the new CEO. Read how Ishrak transformed Medtronic into the world’s largest medtech operation.
Meanwhile, Miles White will step down from the CEO position at Abbott (NYSE:ABT) on March 31 after 21 years at the helm, but will remain with the company as executive chairman. Robert Ford, currently Abbott’s president and COO, will become the company’s 13th CEO. Medical Design & Outsourcing will have an article about White’s legacy posting in early January.