Ex-Medtronic VC leader David Neustaedter starts his new job

David Neustaedter was formerly Medtronic’s VP of venture investments. [Photo courtesy of Medtronic]

David Neustaedter, the former VP of venture capital at Medtronic (NYSE: MDT), said today that he is now a venture partner at Deerfield Management Co.

Neustaedter said on LinkedIn that he started in his new role in the New York-based investment firm’s medical technologies practice this week.

August was his last month with Medtronic after a 14-year career, including seven years at Covidien before Medtronic bought it. It’s not clear who will replace him at Medtronic; the company has not responded to messages seeking more information.

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