Medtronic (NYSE:MDT) today confirmed two personnel moves within its executive leadership team, with one retirement and a new appointment.
Senior vice president, general counsel and corporate secretary Bradley E. Lerman will retire, having notified the board of directors on June 24 that he planned to step down effective Dec. 31, 2021, according to an SEC filing.
Lerman served on Medtronic’s executive committee for more than seven years and spent more than 40 years in the law field, both in the public sector and private practice. Medtronic said it initiated an internal and external candidate search to identify Lerman’s successor and ensure a smooth transition.
The Fridley, Minn.-based medtech giant also announced the appointment of Jennifer Kirk as its principal accounting officer, global controller and chief accounting officer.
Medtronic’s previous controller recently retired, as did its chief accounting officer, which led the company to consolidate the roles into the new position of principal accounting officer, global controller and chief accounting officer. The board of directors appointed Kirk to the new role on June 25, with her position made effective today.
Kirk previously served as SVP of integration and value capture for Occidental Petroleum Corporation, having held other roles at Occidental since joining in 1999.