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Ishrak named chairman, CEO of Medtronic

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Medtronic Inc. announced that its board of directors has named Omar Ishrak as the company’s new chairman and chief executive officer, effective June 13, according to a company press release.

“I am honored and excited to have the opportunity to lead Medtronic — a great company with a renowned, mission-based heritage of saving and improving lives,” Ishrak stated in the release. “I have admired Medtronic for many years and believe the company’s 60-year history of innovation, unparalleled global footprint and unmatched capabilities present enormous opportunities to improve the health of millions of people worldwide. I look forward to working with the Medtronic team to continue to advance the company as a global healthcare leader.”

Ishrak formerly served as president and chief executive officer of GE Healthcare Systems, as well as vice president of CE Corporation and a member of the GE Corporate Executive Council.