Executive Vice President and Chief Financial Officer · Medtronic plc (MDT)

Thierry Piéton

A named executive officer of Medtronic in every fiscal year CompBrief holds from FY2025 to FY2026. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2026

$8,587,387

FY2025: $5,212,448

Compensation figures as of the proxy filed August 17, 2026 (DEF 14A).

Thierry Piéton compensation by year

Medtronic Summary Compensation Table · all 2 fiscal years held
In US dollars, as Medtronic reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2025FY2026
Salary$138,517$849,648
Bonus$0$2,000,000
Stock awards$4,190,625$3,170,470
Option awards$600,056$1,200,139
Non-equity incentive$141,975$963,050
Pension and deferred compensation$0$0
All other$141,274$404,079
Total$5,212,448$8,587,387

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Medtronic plc DEF 14A filed August 17, 2026, accession 0001613103-26-000010, and prior-year filings. Open the filing on EDGAR.

$5.2M
$8.6M
FY25
FY26
SalaryBonusNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2026 year-end
TypeUnvested unitsValue at year-endExercise price
RSU22,251$1,853,953—
RSU18,383$1,531,672—
RSU11,029$918,936—
RSU8,901$741,631—
RSU4,412$367,608—
Option61,338—$91.97
Option22,181—$94.30

Per the Outstanding Equity Awards at Fiscal Year-End table in Medtronic plc's FY2026 proxy; value at the fiscal year-end close, as the company printed it.

Change-in-control & termination

estimated payments Medtronic discloses, by trigger · FY2026
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Involuntary termination without cause$3,570,000$1,531,597$20,000$5,121,597
Change in control and involuntary termination$6,402,200$5,413,594$548,459$12,364,253

Per the Potential Payments Upon Termination or Change in Control table in Medtronic plc's FY2026 proxy. Estimates as the company printed them; a dash means it printed no figure.

Medtronic’s named executive officers, FY2026

as the company reported each
Named executive officerRoleFY2026 total
Geoffrey MarthaChairman and Chief Executive Officer$22,940,252
Thierry Piéton · this pageExecutive Vice President and Chief Financial Officer$8,587,387
Brett WallFormer Executive Vice President and President, Neuroscience Portfolio$6,921,425
Michael MarinaroExecutive Vice President and President, Medical Surgical Portfolio and Americas$6,832,836
Michelle QuinnExecutive Vice President, General Counsel and Secretary$6,719,170

The full Medtronic compensation record

free company brief

This page is one person within Medtronic's record. The company brief lists every named executive, each linking to their own page.

Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Medtronic's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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