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This diversified experience was appealing to Medtronic. “His career path to CFO demonstrates intentional development through accretive experiences across several industries, geographies ...
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]
Anthony J. Adducci (August 14, 1937 – September 19, 2006) was a pioneer of the medical device industry in Minnesota. He is best known for co-founding Cardiac Pacemakers, Inc., the company that manufactured the world's first lithium battery-powered artificial pacemaker.
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]
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.
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]