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Medtronic operational headquarters in Fridley, Minnesota, a suburb of Minneapolis. Medtronic was founded in 1949 in Minneapolis by Earl Bakken and his brother-in-law, Palmer Hermundslie, as a medical equipment repair shop. [8] Bakken invented several medical technology devices that continue to be used around the world today. [citation needed]
Rebecca M. Bergman is an American chemical engineer and the 17th President [1] of Gustavus Adolphus College in St. Peter, Minnesota.She began her term in July 2014, and is the first woman to serve as President of the college, which was founded in 1862.
Engineering career Earl Elmer Bakken (January 10, 1924 – October 21, 2018) was an American engineer, inventor, businessman and philanthropist of Dutch and Norwegian American ancestry. He founded Medtronic , where he developed the first external, battery-operated, transistorized, wearable artificial pacemaker in 1957.
[1] [2] In 1989, he joined Medtronic as president and chief operating officer. [1] [2] He was elected chief executive officer in 1991 and chairman of the board in 1996. [1] [2] He was a professor at the Harvard Business School in Boston from 2004 to 2016 and is currently a senior fellow.
All four had built their careers at Medtronic. The founding partners had multiple lawsuits by and against Medtronic, all settled out of court. CPI was a CRM company that revolutionized the pacemaker industry by introducing a long life lithium iodine pacemaker, a technology still utilized by a majority of the market. [3]
Winston Roger Wallin (6 March 1926 – 20 December 2010) was an American businessman and philanthropist. He served as chairman and chief executive officer of Medtronic from 1985-1991 [1] and as President and Chief Operating Officer of Pillsbury from 1977 to 1985. [2]