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Fortune
Fortune
Sheryl Estrada

Medtronic taps Renault's CFO to be its new finance chief. How his unusual career path helped land the job

(Credit: Courtesy of Renault Group)

Good morning. A finance chief making the leap from the automotive industry to the health care industry may seem unusual. But the career experience of Thierry Piéton, who will wrap up his CFO tenure at French automaker Renault Group on Feb. 28, shows how it's possible. 

Piéton will join medical device maker Medtronic, No. 125 in the Fortune 500 Europe, on March 3 as EVP and CFO. He will be based in Minneapolis with an annual base salary of $850,000 and is set to receive a $3 million cash bonus, according to an SEC filing. 

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