Chief Medical Officer ACM (Finance)

We anticipate the application window for this opening will close on - 14 May 2025

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You'll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.

A Day in the Life
Position Description
The role will provide senior level medical expertise, inputs to the design, execution and dissemination of clinical evidence, expertise to training and education activities and objective medical oversight to ensure technology and therapy effectiveness and safety throughout the product lifecycle. In addition, this position supports the Acute Care & Monitoring Operating Unit (OU) in advancing our capability to disrupt and lead the market through disease state and therapy expertise, key inputs to strategy and business development activities. The position will work with the Medical Safety Medical Director in the center to support Quality, Regulatory, Research & Development, and Clinical activities. This position also works closely with the Clinical Research & Medical Science (CRMS) leader in the OU, to ensure the development and execution of robust clinical research and medical science strategies, supporting OU priorities. This position reports into the SVP and President and is a member of the Sr. Staff. In addition, this position will work with the other CMOs across MDT in providing leadership on medical and scientific affairs. No direct reports to start but expected to build a small team over time (no specific timeframe; will depend on the impact the CMO makes as first an individual contributor)Position Responsibilities

Clinical Research & Medical Science

• Provide medical guidance, support and partnership to the OU in the strategic planning and execution of clinical trials.
• Provide strategic guidance on evidence development, evidence dissemination and training and support needs in the field.
• Provide medical expertise for key discussions with the FDA, CMS, and other regulatory and reimbursement bodies.

Strategic

• Serve as ACM medical representative at major congresses, advisory board meetings, and other key industry panels and events involving key opinion leaders.
• Build and maintain relationships in the medical community to identify current and future business opportunities and emerging medical and health care practices.
• Actively participate in the OU strategic planning processes; provide collaborative medical support to execute business specific goals and objectives; and provide medical input into the development of new business models to advance OU objectives.

Innovation and Business Development

• Consult on theoretical and experimental scientific and technological investigations for advancements or new discoveries.
• Consult and provide design input on new and next generation procedural and product design with R&T/R&D.
• Provide key subject matter expertise in the identification and pursuit of some or all of the following including strategic business opportunities, mergers, acquisitions, partnerships, alliances, joint ventures, and licensing agreements or evaluation/management of investments in company ventures or entrepreneurial opportunities.
• Consults with top management and closely monitors market conditions to ensure new programs, policies and strategic relationships/ partnerships align with overall corporate strategy and takes advantage of market opportunities.
• Partners across the business development team and OU Leadership team globally to develop portfolio strategies to balance internal innovation and business development to serve global business needs.
• Partner with business development team in providing market, patient population, and physician practice assessments and evaluating external opportunities technically and clinically.

Commercial

• Serve as a medical consultant to marketing, commercial, or research program teams and government regulatory agencies.
• Partner with Sales and Marketing to develop key messaging and identify and capitalize on current and future business opportunities
• Serve as the medical consultant on outward communication/media representation and collaborates with Medical Safety Medical Director on communications related to patient safety and/or device malfunction/quality.
• Interface with sales and marketing teams globally to build deeper local market knowledge and connections regarding products and strategies. Support global product launches, training, and customer support plans. Collaborate with geography business leaders to create local strategies to advance appropriate use of our therapies.
• Collaborate with Clinical Research & Medical Science, Regulatory, Reimbursement, Healthcare Economics, and Marketing to develop and execute plans to utilize the results of clinical trials and clinical practice to advance business objectives.
• In collaboration with the medical science and commercial organizations, serve as a senior consultant and liaison to specialty societies, advisory boards, and key KOL consultants.

Quality and Safety

• Engage with the Enterprise Medical Safety Team (Medical Safety Director and Medical Safety Specialist(s) aligned with the OU) on a collaborative and consultative basis to assist in medical deliberation of critical safety issues impacting the business, and recommending action, as needed.

Training and Education

• Serve as senior expert consultant for the global field and customer training and education strategies.
• Support the definition of customer value propositions (clinical & economic), training and education needs and develops supporting priority programs.
• Consults with team that creates training and education programs for Field, Medical and Academic Professionals to increase procedural, technology and product adoption to improve patient outcomes.

Basic Qualifications

• Medical Doctor (MD/DO) or equivalent degree with at least 10 years of post-residency clinical experience.
• Ideal specialization: anesthesia, intensive care, hospitalist preferred; other internal medicine and surgical specialties may be considered
• The candidate must be either ABIM Board Certified or Eligible or possess equivalent specialty certification from an applicable international body, as applicable.
• If licensed to practice medicine, the candidate's license must be valid, unrestricted and unchallenged, and the candidate must be in good standing with the licensing body.
• 5 or more years of patient care experience beyond residency.
• 15 or more years of relevant clinical experience.
• Demonstrated executive leadership experience
• Proven oral and written communication skills.
• Proven analytical and critical thinking skills.
• Experience in successfully working in a multi-functional environment is required
• Experience leading teams and driving followership preferred

Desired/Preferred Qualifications

• Life sciences industry experience- knowledge of clinical trial management, quality systems, global regulatory experience.
• Advanced degree such as MBA, MMM, MHA, MPH
• Proven analytical skills working with clinical or research data.
• Knowledge of patient safety, quality, clinical research, strategic planning, health biostatistics or epidemiology.
• Strong "influence management" skill set demonstrated in both the healthcare delivery and

corporate environment.

• Demonstrated success in effectively managing teams, executing projects, and communicating expectations.
• Demonstrated ability to lead collaboratively in a diverse, global, matrixed organization.
• Knowledgeable of U.S. Food and Drug Law and regulatory, device safety and/or regulatory/clinical research.
• Experience interacting with FDA or other regulatory agencies.

Behaviors & Capabilities

• Must have ability to work collaboratively in a system with non-physicians (must have strong team orientation)
• Must have low-ego, high-EQ
• Must be open-minded and be able to assimilate different opinions
• Must be able to balance medical judgement with pragmatic business considerations
• Must have strong influence skills (internally and externally)
• Must be an excellent communicator including being succinct but impactful
• Must be positive and be able to create positive team environment
• Must not be "smartest person in the room"
• Must be excellent interacting with customers (including non-MDs, administrators, key opinion leaders, clinical society leaders, etc)
• Must be excellent interacting with regulators
• Must be a good public-facing representative of our business

Physical Job Requirements

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.

The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.

Benefits & Compensation

Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.

Salary ranges for U.S (excl. PR) locations (USD):$250,000-450,000

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

This position is eligible for an annual long-term incentive plan.

The base salary range is applicable across the United States, excluding Puerto Rico. Base pay is based on numerous factors and may vary by job-related knowledge, skills, experience, etc. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).

The following benefits and additional compensation are available to those regular employees who work 20+ hours per week: Health, Dental and vision insurance , Health Savings Account , Healthcare Flexible Spending Account , Life insurance, Long-term disability leave , Dependent daycare spending account , Tuition assistance/reimbursement , and Simple Steps (global well-being program).

The following benefits and additional compensation are available to all regular employees: Incentive plans, 401(k) plan plus employer contribution and match , Short-term disability , Paid time off , Paid holidays , Employee Stock Purchase Plan , Employee Assistance Program , Non-qualified Retirement Plan Supplement (subject to IRS earning minimums) , and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).

Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.

Further details are available at the link below:

Medtronic benefits and compensation plans

About Medtronic

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission - to alleviate pain, restore health, and extend life - unites a global team of 95,000+ passionate people.
We are engineers at heart- putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.

Learn more about our business, mission, and our commitment to diversity here .

It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.

If you are applying to perform work for Medtronic, Inc. ("Medtronic") in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County, you can find here a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.