State University with a bachelor’s of science in Finance with the highest honors.9 Not Disclosed Compensation Information: of Directors Board Member Insider/Outsider Chairman and CEO of Medtronic, Inc. Insider Omar Ishrak, CEO of Air Lines Outsider Richard H. Anderson, President and CEO of Textron, Inc. Outsider C. Donnelly, President and CEO of Duke University Health System Outsider Victor J. Dzau, President of Rensselaer Polytechnic Institute Outsider Shirley Ann Jackson, Chairman of Leavitt Partners Outsider Governor Michael O. Leavitt, Retired President of Johnson & Johnson Outsider James T. Lenehan, Private Venture Capital Investor Outsider Denise M. O’Leary, CEO of General Mills Outsider Kendall J. Powell, MFS Investment Management Outsider Robert C. Pozen, Managing Director of Apollo Hospitals Outsider Preetha Reddy, Medtronic’s of directors consists of 10 outsiders and 1 insider. The insider being, Omar Ishrak. All outsiders are successful and influential members in the business community, their diverse perspectives work together to create the best results for Medtronic shareholders. Medtronic uses many different committees such as the finance, audit, and compensation committees. The committees all abide by the NYSE’s standards for director independence (majority of directors on board must be independent), providing greater assurance that conflict of interest is not an issue and shareholders should be concerned about. Corporate Responsibility magazine ranked Medtronic as one of America’s best corporate citizens in 2012. The magazine ranks companies based on policies and actions relating to the environment, climate change, human rights, employee relations, philanthropy and financial and corporate governance. Source: Bloomberg1, NYSE42 Competitors Compensation Plans St. Jude Medical President and Chief Executive Officer : Daniel J. Starks 2012 2011 Salary $1,045,500 $1,025,000 Restricted Stock Award: $1,426,001 $0 Securities Options: $2,912,165 $4,481,808 Non-Equity Compensation: $1,301,648 $1,030,125 Compensation: $36,500 $36,350 Total Compensation: $6,721,814 $6,573,283
State University with a bachelor’s of science in Finance with the highest honors.9 Compensation Information: Not Disclosed of Directors Board Member Insider/Outsider Omar Ishrak, Chairman and CEO of Medtronic, Inc. Insider Richard H. Anderson, CEO of Air Lines Outsider C. Donnelly, President and CEO of Textron, Inc. Outsider Victor J. Dzau, President and CEO of Duke University Health System Outsider Shirley Ann Jackson, President of Rensselaer Polytechnic Institute Outsider Governor Michael O. Leavitt, Chairman of Leavitt Partners Outsider James T. Lenehan, Retired President of Johnson & Johnson Outsider Denise M. O’Leary, Private Venture Capital Investor Outsider Kendall J. Powell, CEO of General Mills Outsider Robert C. Pozen, MFS Investment Management Outsider Preetha Reddy, Managing Director of Apollo Hospitals Outsider Medtronic’s of directors consists of 10 outsiders and 1 insider. The insider being, Omar Ishrak. All outsiders are successful and influential members in the business community, their diverse perspectives work together to create the best results for Medtronic shareholders. Medtronic uses many different committees such as the finance, audit, and compensation committees. The committees all abide by the NYSE’s standards for director independence (majority of directors on board must be independent), providing greater assurance that conflict of interest is not an issue and shareholders should be concerned about. Corporate Responsibility magazine ranked Medtronic as one of America’s best corporate citizens in 2012. The magazine ranks companies based on policies and actions relating to the environment, climate change, human rights, employee relations, philanthropy and financial and corporate governance. Source: Bloomberg1, NYSE42 Competitors Compensation Plans St. Jude Medical President and Chief Executive Officer : Daniel J. Starks 2012 2011 Salary $1,045,500 $1,025,000 Restricted Stock Award: $1,426,001 $0 Securities Options: $2,912,165 $4,481,808 Non-Equity Compensation: $1,301,648 $1,030,125 Compensation: $36,500 $36,350 Total Compensation: $6,721,814 $6,573,283