10 medical device industry stories you need to know (Medical Design & Outsourcing)
10. Changes at the top
Medtronic CEO Omar Ishrak (left) and Abbott CEO Miles White (right) are both exiting the corner office at their respective companies next year. [Images courtesy of Medtronic and Abbott]Omar Ishrak is preparing to retire from Medtronic’s corner office next year. Geoff Martha, already promoted to company president this year, will become the new CEO. Read how Ishrak transformed Medtronic into the world’s largest medtech operation.
Meanwhile, Miles White will step down from the CEO position at Abbott (NYSE:ABT) on March 31 after 21 years at the helm, but will remain with the company as executive chairman. Robert Ford, currently Abbott’s president and COO, will become the company’s 13th CEO. Medical Design & Outsourcing will have an article about White’s legacy posting in early January.
9. A robot revolution in the ortho surgery space
[Mako knee robot image courtesy of Stryker]Stryker’s success with its Mako robot-assisted surgery platform has other orthopedic device companies hastening to enter the space. Stryker’s big competitors — Johnson &...
