Thursday, July 16, 2015

Omar Ishrak: Medtronics Chairman & CEO

Omar Ishrak grew up in Bangladesh. He holds a Bachelor of Science Degree and PhD in Electrical Engineering from the University of London, King’s College. 
Omar had 13 years of technology development and business management experience, holding leadership positions at Diasonic/Vingmed, and various product development and engineering positions at Philips Ultrasound, in the early part of his career. 
He spent 16 years at General Electric and his most recent position was as President and CEO of GE Healthcare Systems, a $12 billion division of GE Healthcare, with a broad portfolio of diagnostic, imaging, patient monitoring and life support systems. 
Omar then joined Medtronics and has been the Chairman and Chief Executive Officer since June 2011. Since joining he has focused the company on three core strategies of Therapy Innovations, Economic Value and Globalization. Medtronics is a world leading medical technology company, with more than $27 billion in annual revenue, and operations spanning over 160 countries. 
In 2014, Omar lead the acquisition of Covidien, a $10 billion global manufacturer of surgical products and supplies. The acquisition of Covidien was the largest medical technology acquisition in the history of the industry. 

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