Medtronic PLC (LTS:0Y6X)
$ 81.63 1.13 (1.41%) Market Cap: 104.56 Bil Enterprise Value: 125.12 Bil PE Ratio: 25.24 PB Ratio: 2.18 GF Score: 78/100
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Medtronic PLC at Wells Fargo Healthcare Conference Transcript

Sep 06, 2023 / 04:00PM GMT
Release Date Price: $80.81 (+0.23%)
Lawrence H. Biegelsen
Wells Fargo Securities, LLC, Research Division - Senior Medical Device Equity Research Analyst

All right. Good afternoon, everyone. Can you hear me okay? All right. We're going to get started with our keynote speaker today. I'm Larry Biegelsen, the medical device analyst at Wells Fargo. Welcome to our 2023 Healthcare Conference. It's great to see so many people here, so many familiar faces.

I'm really thrilled to have Geoff Martha as our keynote speaker today. Geoff is the Chairman and CEO of Medtronic, which is the world's largest medical technology company, with annual sales of about $32 billion and a market cap of over $100 billion. Geoff's been Medtronic's CEO since April 2020, which was obviously an interesting time to lead a medical device company.

Before becoming CEO, Geoff was -- Geoff led Medtronic's Restorative Therapies Group, which is a $10 billion business. He also led the integration of Covidien, which is one of, if not, the largest acquisition in the medical device industry. Before joining Medtronic, Geoff spent almost 20 years at GE Capital and GE

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