Michael DeMane

Devices & Diagnostics

Hawkins exit may show Medtronic’s need for bold leader/big deals

When Medtronic Inc. (NYSE:MDT) CEO Art Collins retired in 2007, there were at least two top candidates vying to replace him. One was Michael DeMane, the brash president of Medtronic's spine business whose aggressive pursuit of growth invited legal and regulatory scrutiny. The other was chief operating officer Bill Hawkins, a steady, stabilizing presence within Medtronic's senior leadership team.

News

Michael DeMane out as CEO of Lanx Inc. Was he ever really in?

Well, that was quick. In a bizarre twist, Lanx Inc., an orthopedics startup in Colorado, said that former Medtronic chief operating officer Michael DeMane is no longer its CEO and chairman, less than a month after naming him to those positions. “Michael DeMane has declined to assume the role of chairman and chief executive officer […]