Medtronic Joins Catalyst CEO Champions For Change and Pledges to Accelerate Women Into Management and Board Seats
September 17 2018 - 9:15AM
Medtronic CEO Omar
Ishrak Commits to Continue Accelerating Diversity, Inclusion and
Gender Equality
DUBLIN - September 17, 2018 -
Medtronic plc (NYSE:MDT) today announced it has joined the
Catalyst CEO Champions For Change. This
transformational diversity and inclusion initiative was launched by
Catalyst - a global thought leader and partner in accelerating the
progress of women at work for over 50 years.
Medtronic joins more than 50 other leading global
companies that are committing to drive change, specifically
pledging to:
- Accelerate progress in the representation of
women, including women of color, in executive/senior level
positions over five years.
- Accelerate the representation of women, including
women of color, on the company's Board of Directors over five
years.
- Strengthen the pipeline of women through an
annual review of internal diagnostics and leverage leading
practices to address any identified issues.
- Benchmark and track inclusion and improve the
culture of inclusion within the organization.
- Share key representation metrics with Catalyst
for benchmarking and for anonymized reporting of our collective
aggregate progress.
"Since it was written more than half a century
ago, our Medtronic Mission has included a tenet that calls us to
respect the dignity and personal worth of our employees. Today, we
know that in a global marketplace and diverse world, our ability to
achieve our Mission and remain true to this tenet is enhanced when
we advance gender equality and foster an enriching, inclusive
workplace," said Omar Ishrak, Medtronic chairman and chief
executive officer. "I'm honored to be representing Medtronic in
joining the Catalyst CEO Champions For Change
movement, and continuing to drive and track measurable results in
the advancement of women."
"Our Catalyst CEO Champions For
Change companies represent more than 9 million employees and
more than $1.7 trillion dollars in revenue globally. The positive
ripple effect from their commitment is tremendous in helping to
build workplaces where everyone has a fair chance to succeed," said
Lorraine Hariton, president and CEO of Catalyst.
Read the full Catalyst CEO
Champions For Change pledge and find out more about joining the
movement at www.catalyst.org/Champions.
About Catalyst
Catalyst is a global nonprofit working with some of the world's
most powerful CEOs and leading companies to help build workplaces
that work for women. Founded in 1962, Catalyst drives change with
pioneering research, practical tools, and proven solutions to
accelerate and advance women into leadership-because progress for
women is progress for everyone.
About Medtronic
Medtronic plc (www.medtronic.com), headquartered in Dublin,
Ireland, is among the world's largest medical technology, services
and solutions companies - alleviating pain, restoring health and
extending life for millions of people around the world. Medtronic
employs more than 86,000 people worldwide, serving physicians,
hospitals and patients in more than 150 countries. The company is
focused on collaborating with stakeholders around the world to take
healthcare Further, Together.
Any forward-looking statements
are subject to risks and uncertainties such as those described in
Medtronic's periodic reports on file with the Securities and
Exchange Commission. Actual results may differ materially from
anticipated results.
-end-
Contacts:
Amy Jo Meyer
Public Relations
+1-763-505-0075
Ryan Weispfenning
Investor Relations
+1-763-505-4626
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Medtronic plc via Globenewswire
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