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VOL. 123 | NO. 85 | Wednesday, April 30, 2008

Medtronic Operations Chief DeMane Steps Down

AP

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MINNEAPOLIS (AP) - Medtronic Inc. Chief Operating Officer Michael DeMane resigned has resigned effective Wednesday, the medical devices maker said Tuesday.

Medtronic said DeMane "decided to leave to pursue other opportunities."

The move means that Medtronic's global business unit will report to Chief Executive Bill Hawkins. The company did not say whether it would seek to replace DeMane.

Medtronic’s spinal and biologics business is headquartered in Memphis.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 87 87 7,836
MORTGAGES 108 108 9,307
FORECLOSURE NOTICES 8 8 1,366
BUILDING PERMITS 130 130 16,737
BANKRUPTCIES 55 55 5,461
BUSINESS LICENSES 32 32 2,980
UTILITY CONNECTIONS 47 47 3,297
MARRIAGE LICENSES 37 37 1,725

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