N2Growth Recruits CFO for Medtronic
January 24, 2025 – N2Growth, a Philadelphia-based management consulting and executive search firm, has placed Thierry Piéton as the new CFO of NYSE-traded Medtronic in Galway, Ireland. Brian Greer led the assignment. He will report to Medtronic chairman and chief executive officer Geoff Martha and will join the Medtronic executive committee. “Thierry is a strategic, creative, operationally focused, experienced CFO with a proven track record of delivering innovation-driven growth, margin improvement, and earnings power through strong financial leadership, which is directly aligned with our financial objectives,” said Mr. Martha. “We are confident he is the right choice at this important time for Medtronic and can’t wait to benefit from his expertise and leadership.”
Mr. Piéton joins Medtronic from Renault Group, where he has served as CFO since March 2022. Under his leadership, Renault achieved its highest ever operating margins and improved free cash flow, while also executing portfolio management, including tuck-in acquisitions, divestitures, and funding development through innovative partnerships. This led to significant value creation for its shareholders. Mr. Piéton brings experience in both healthcare and other highly regulated, operationally focused manufacturing companies, including Nissan Motor Co. Ltd, General Electric, GE Healthcare and PricewaterhouseCoopers. His career path to CFO demonstrates intentional development through accretive experiences across several industries, geographies, companies, and all facets of a global finance function.
As CFO, Mr. Piéton will be responsible for leading the Medtronic global finance organization and key supporting functions, including treasury, controller, tax, internal audit, investor relations, corporate strategy, and business development.
Medtronic is a global healthcare technology company that boldly attacks the most challenging health problems facing humanity by searching out and finding solutions. The organization has a global team of 95,000+ passionate people across more than 150 countries. Medtronic’s technologies and therapies treat 70 health conditions and include cardiac devices, surgical robotics, insulin pumps, surgical tools, patient monitoring systems, and more.
N2Growth is a global leadership consultancy with practice areas in executive search, culture shaping, leadership development, strategy, organizational design, risk, digital transformation, and executive coaching. The firm has more than 40 locations across the Americas, Europe, MENA, and APAC.
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Mr. Greer is a senior director at N2Growth in Raleigh-Durham, NC., and works in the executive search practice. He consults with clients and executives to uncover talent needs, advises them on best-in-class approaches to leadership, and helps partners build strong C-suite leadership pipelines that will drive their short- and long-term success. Prior to N2Growth, Mr. Greer led leadership development and learning at Aramark.
Recent Launch
Last year, N2Growth launched cloud-based Vue. “Vue marks a significant leap in the executive search industry, offering unparalleled transparency, collaboration, and data-driven insights at every stage of the search process,” the search firm said. “In an era where data and transparency are paramount, we’ve engineered Vue to reshape the customer journey in the executive search industry,” said Kelli Vukelic, CEO at N2Growth. “Vue is not just a tool; it’s the future of executive search. It’s designed for a more informed and precise hiring process, ultimately empowering our partners to build effective long-term leadership strategies.”
Vue’s holistic approach enables a global, real-time, comprehensive overview of all ongoing executive and board search assignments. N2Growth notes that this approach liberates stakeholders from tracking documents, reports, notes, and feedback across disparate systems.
The platform enables an all-encompassing whole-person analysis of each candidate, evaluated against an organization’s specific business and leadership needs, providing 50+ data points on each candidate – from leadership competencies to their ability to drive business outcomes, along with personalized executive coaching recommendations assessed by N2Growth’s certified executive coaches. Vue also supports anti-bias candidate review and evaluation processes, using AI to eradicate biased language, and continuously assesses candidate pool diversity.
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Contributed by Scott A. Scanlon, Editor-in-Chief and Dale M. Zupsansky, Executive Editor – Hunt Scanlon Media
