Medtronic Chief Financial Officer and Executive Vice President Karen Parkhill ranks among the Top 25 Women Leaders in Medical Devices for the second year in a row.
This list, compiled by The Healthcare Technology Report, celebrates women executives who have demonstrated first-rate leadership in areas such as testing, telemedicine, orthopedics, surgery, wound care, and monitoring, among others.
A unique and balanced leadership style
In addition to serving on Medtronic's Executive Committee, Karen is responsible for leading the global finance organization and key supporting functions, including treasury, controllership, tax, internal audit, investor relations, corporate strategy, and business development. In late 2020, she also assumed leadership of the IT organization.
Bolstered by her deep expertise and broad-based experience, Karen's unique leadership style balances sincere compassion for her colleagues and her team with a singular focus on driving meaningful outcomes. She consistently displays an unwavering commitment to Medtronic’s mission and values, and adheres to the highest standards of ethical principles. She also helped guide Medtronic through the financial challenges of the global pandemic, including impacts posed by the recent resurgence.
Established career in financial services
Karen joined Medtronic in 2016 with a long and established career in the financial services sector. Her experience leading during the financial crisis of 2008 helped shape her approach to guiding Medtronic through the unprecedented financial and health challenges of the pandemic, and her leadership played a critical role in helping Medtronic successfully navigate these uncertain times.
Karen received a Bachelor of Business Administration and Bachelor of Science from Southern Methodist University as well as a Master of Business Administration from the University of Chicago Booth School of Business.
Substantial contributions to company and industry
The listed women have distinguished themselves through substantial contributions not only to their companies, but to the medical device industry as a whole.
Each nominee was evaluated based on her leadership skills, professional acumen, and technology input, among other factors.
Awardees were ultimately chosen using feedback submitted through the nomination entries while factoring in further research into each individual’s career achievements.
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Medtronic attracts and develops industry leaders like Karen who are patient-centric, passionate, driven and who represent the same wide variety of life experiences that its patients do. Medtronic also invests in professional growth, and provides intentional development opportunities that help accelerate leadership careers.
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