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Home (12954 companies) > United States of America (2561 companies) > Electronics (98 companies) >



Medtronic Inc.


Headquarters location: 710 Medtronic Parkway N.E. Minneapolis, MN 55432United States of AmericaTel. 763 514-4000 Job offers, investor relations: www.medtronic.com Email: webmaster@medtronic.com Stock: MDT


Medtronic belongs to

shareholder
country     %
source

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Shop local, ethical and at the best price on Ethishop !

« ETHICAL » RATING OF MEDTRONIC , group and subsidiaries [?]
7%
Job: 7% of company's jobs cut since 1998
2
Delinquency: 2 act(s) of financial or trade delinquency
9
Tax haven, secret bank account, shell companies: operates in 9 offshore financial center(s)
5
Net profit: more than 5 billion(s) dollars/euros in cumulated net profit since 1998
322
Top management: earns 322 times the median income in the United States (32000 US$/year)

Relevance: business & market share

year
business
source
2006World's second-largest medical equipment maker.Les Echos

World locations & Manufacturing

country incentive : address & contact : production type
source
Barbados Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Arterial Vascular Engineering International Sales, Inc :
Hong-Kong Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Medtronic Functional Diagnostics Asia Ltd :
Hong-Kong Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Sofamor Danek Asia Pacific Ltd :
Cayman Islands Offshore finance, secret bank account, tax haven, shell companies or free zone(s) AVE Cayman Islands, Ltd :
United States Virgin Islands Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Merocel Foreign Sales Corp :
Ireland Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Medtronic Ireland Ltd :
Ireland Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Bard Connaught :
Ireland Offshore finance, secret bank account, tax haven, shell companies or free zone(s) AVE Ireland Ltd :
Lebanon Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Medtronic Mediterranean SAL :
Luxembourg Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Milu S.A :
Luxembourg Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Sofamor Danek Benelux, S.A :
Luxembourg Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Synectics IR SA :
Singapore Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Arterial Vascular Engineering PTE. LTD :
Singapore Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Medtronic (S) Pte., Ltd :
Singapore Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Sofamor Danek Singapore PTE, Ltd :
Switzerland Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Medtronic (Schweiz) A.G :
Switzerland Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Vitatron AG :
Switzerland Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Medtronic Europe S.A :
Switzerland Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Arterial Vascular Engineering (Schweiz) AG :

Medtronic is managed by

year name
photo position; compensation
source
2003Collins Jr, Arthur
See the photo of: Collins Jr, Arthur Chief Executive Officer; salary: 4.45 million US$; stock-options: 1.58 million US$;
2003Hawkins, William
See the photo of: Hawkins, William Chairman; salary: 0.71 million US$;
2003Mahle, Stephen
See the photo of: Mahle, Stephen Vice-president; salary: 1.01 million US$; stock-options: 1.1 million US$;
2003Ryan, Robert
See the photo of: Ryan, Robert Chief Financial Officer; salary: 0.51 million US$; stock-options: 2.53 million US$;
2003Ward, Scott
See the photo of: Ward, Scott Chairman;
2002Douglas, Frank L
See the photo of: Douglas, Frank L Director;
2001George, William W
See the photo of: George, William W Chief Executive Officer; salary: 1.9 million US$; stock-options: 8.4 million US$;
1998George, William W
See the photo of: George, William W Chief Executive Officer; salary: 2.58 million US$;

Made by

year
employees
<>
social impact : country
source
2003
30000
2002
26050
1999
-700
Reuters
1999
-1600
Reuters
1998
12466

Financials

yearfinancial misdemeanorsalesincome buybacksource
2007 The Council of competition sanctions five cardiac defibrillator manufacturers to a 2,6 million euros fine for refusing, in a concerted way, to answer the national invitation to tender concerning the supply as defibrillator organized by 17 hospitals. The five suppliers met on several occasions to discuss the action to be taken vis-a-vis with this national invitation to tender and acted in concert to lead to a common decision of refusal to answer the invitation to tender. A horizontal agreement as regards public market is serious by nature, independently of the importance of the affected market and the duration of this assignment, since it aims to prevent the process of competition. Specifically, the practices of companies resulted in ruining the first national invitation to tender on a grouped purchase of medical devices. This failure prevented the hospitals from profiting from a rationalization of their purchases and a fall of price and resulted in not renewing this type of invitation to tender thereafter. The sanctions are as follows: Biotronik: 200 000 euros; Guiding: 400 000 euros; Medical ELA: 500 000 euros; Medtronic: 1,1 million euros; Medical Jude Saint: 450 000 euros.    
2007   50million shares
2005   0.04billion US$
2005 Received a subpoena in a U.S. probe into agreements between replacement knee and hip makers and surgeons, faces investigations of payments to doctors using their products, possible improper product promotion.     Bloomberg
2004   30million sharesPhiladelph.
2003   7.671.6   billion US$
2003   25million sharesPhiladelph.
2002   6.410.98   billion US$
2001   5.551.05   billion US$
2000   5.011.1   billion US$
1998   4.130.47   billion US$

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