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NYSE: MDT Medtronic plc 8-K

Medtronic names Dr. Kweli Thompson to lead Neuroscience as Brett Wall departs

Filed May 18, 2026 · Period ending May 18, 2026 · ~1 min read

2 key changes 1 section

Key Changes

  • medium

    Dr. Kweli Thompson, currently SVP and President of Cardiac Rhythm Management, promoted to EVP and President of Neuroscience Portfolio effective June 1, 2026, replacing departing Brett Wall.

  • medium

    Brett Wall departing as EVP and President of Neuroscience Portfolio; will remain through September 1, 2026 to assist with transition and receive standard executive severance.

Summary

Medtronic disclosed a planned leadership transition in its Neuroscience Portfolio, one of the company's key business segments. Brett Wall is stepping down as Executive Vice President and President of Neuroscience, with Dr. Kweli Thompson taking over the role effective June 1, 2026. Wall will remain with the company through early September to support the handover. The succession appears orderly and internally sourced.

Dr. Thompson currently leads Cardiac Rhythm Management as Senior Vice President and President, indicating familiarity with Medtronic's medical device operations and commercial strategy. The three-month transition period and standard severance arrangement suggest a planned departure rather than an abrupt exit. For retail holders, this is a routine executive change with no immediate operational concerns, though investors may want to monitor Neuroscience segment performance in coming quarters as the new leadership settles in.

Section-by-Section Diff

Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation

~100 words

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.

2 Added
Added Executive appointment - Dr. Kweli Thompson medium

Added in current filing · verify on EDGAR →

Dr. Kweli Thompson, currently Senior Vice President and President, Cardiac Rhythm Management, will be assuming the role of Executive Vice President and President, Neuroscience Portfolio, effective June 1, 2026

Dr. Kweli Thompson, currently leading Cardiac Rhythm Management, will be promoted to Executive Vice President and President of the Neuroscience Portfolio effective June 1, 2026. This represents an internal succession for a key business segment leadership role.

Show 1 minor / wording change
Added Severance arrangement low

Added in current filing · verify on EDGAR →

Mr. Wall is entitled to and will receive severance payments and benefits consistent with Medtronic’s severance practices for executive officers as described in Medtronic’s 2025 Proxy Statement filed with the Securities and Exchange Commission on August 25, 2025

Brett Wall will receive severance payments and benefits according to the company's standard executive severance practices previously disclosed in the 2025 proxy statement. The specific terms are not detailed in this filing.

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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 22, 2026 · How we verify