
Good morning. CFO transitions this year are continuing, with tech giant HP on Wednesday naming Karen Parkhill as its next finance chief, effective Aug. 5. Parkhill makes the leap to HP from Medtronic, a Global Fortune 500 firm.
Since 2016, she's served as EVP and CFO at Medtronic, a global provider of medical products such as cardiac devices, surgical tools, and insulin pumps. It was cofounded more than 70 years ago by the inventor of the battery-powered pacemaker. (Medtronic, which has experienced some turnover recently with high-ranking executives, also announced on Wednesday Parkhill will continue as CFO until Aug. 2 while the company evaluates both internal and external candidates to succeed her.)