EVP & CFO
Karen L. Parkhill is Executive Vice President and Chief Financial Officer of Medtronic. She serves on the company’s Executive Committee and is responsible for leading the Medtronic global finance organization and key supporting functions, including Treasury, Controller, Tax, Internal Audit, Investor Relations, Corporate Strategy, and Business Development. Karen joined Medtronic in June 2016 from Comerica Incorporated where she was Vice Chairman and Chief Financial Officer. She was a member of Comerica’s Management Executive Committee and the Comerica Bank Board of Directors.
As Chief Financial Officer at Comerica, Karen had direct management of Finance,
overseeing Accounting, Business Finance, Corporate Planning and Development, Investor Relations, Treasury as well as Economics, with responsibility for all financial reporting. She previously had administrative responsibilities for Comerica’s Service Company, Corporate Compliance and Financial Intelligence. Karen joined Comerica from JP Morgan Chase and Co., where she served as Chief Financial Officer for the Commercial Banking business from 2007 to 2011. She joined JP Morgan in 1992 in the Investment Bank and held various positions of increasing scope and
responsibility, from an Associate in the Mergers and Acquisitions Group to a Managing
Director in the Investment Banking Coverage Group.
Karen earned bachelor’s degrees in business administration and mathematics from
Southern Methodist University in Dallas and an MBA from the University of Chicago Booth
School of Business. She is a 2012 recipient of the SMU Cox School of Business
Distinguished Alumni Award and a 2008 recipient of the University of Chicago Booth
School of Business Distinguished Young Alumna Award. She is a member of the
International Women’s Forum and serves as a National Trustee for the Boys and Girls Club of America, the Board of Directors of Methodist Health System and the Executive Board for Southern Methodist University Cox School of Business.