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Medtronic CEO Geoff Martha Has Been Busy

Geoff Martha became CEO of Medtronic in April 2020, and it wasn't long before the company began wheeling and dealing to optimize its portfolio.

From tuck-in acquisitions to strategic partnerships and a major spinoff, Medtronic CEO Geoff Martha has been busy since he took the helm in April 2020. The changes he's implemented have paved the way for what has been called the "new Medtronic" which appears to be a more nimble and competitive organization.

In light of the company's recent announcement that it will spin its patient monitoring and respiratory interventions businesses into a new company, we're taking a look back at all the ways Medtronic's portfolio has changed under Martha's leadership so far. But we know the company isn't finished with its portfolio management process. The CEO emphasized during a call with analysts Monday that this is simply a "next step" in the process.

"Looking ahead, we remain focused on active portfolio management with an ongoing process of evaluating potential additions and subtractions to further accelerate Medtronic's growth over the long-term," Martha said.

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