So he sold his house last week and now transitioning off the MBP.
Thoughts?
20 replies (most recent on top)
I think he is active here trying to sow division among us.
Do you think he reads these comments?
I hope he does. 😆
@tj Here I was thinking photo 6 was going to be a toilet and photo 7 a walk-in shower…
Here's a link to the actual property, with photos.
Photo 6: Where he has s3xytime
Photo 7: Where he p00ps
Photo 8: Where he flushes MDT in the sh!tter
https://www.bizjournals.com/twincities/news/2021/02/03/medtronic-ceo-lake-minnetonka-home-listed.html
@h8 between not backfilling in the United States and laying people off, they’ve saved a ton of money. Drop in the bucket to pay Geoff to go away, particularly if they think they can get someone in who will be more productive and brutal to the plebs.
Replacing GM would be a $100 million plus expense. They would need to pay his golden parachute plus the new CEO would require a higher annual compensation. This situation is unlikely.
I would be surprised if an internal candidate is selected. Elliot Management would like to start salvaging their investment for one thing.
@de oh no! Marinaro would not be an improvement. He does not have the patient as a top priority.
@de you could be right. In my opinion, Medtronic is better off hiring a CEO externally than promoting MM or any other internal leaders who could be next in line.
Who needs a 500 bottle wine cellar? A dancing pole, minibar, and sofa is more practical for entertaining.
The wine was probably Brett’s gift for keeping him around for so long.
What is MBP?
Maybe he’s out. Marinaro is next up
$6.4 million? Must be nice
Geoff (or Medtronic) tried to sell it in 2021 also.
https://bringmethenews.com/minnesota-lifestyle/gallery-medtronic-ceo-selling-home-on-lake-minnetonka
https://www.edinarealty.com/realestate/details/136697903/520-ferndale-road-w-wayzata-mn-55391
This property is the Wayzata estate located at 520 Ferndale Road W on Lake Minnetonka's Brown's Bay.
Property Overview
• Address: 520 Ferndale Road W, Wayzata, MN 55391
• Recent Sale Price: $6.4 million (sold by an LLC linked to Medtronic CEO Geoff Martha)
• Wine Cellar: A custom, temperature-controlled 500-bottle wine cellar.
• Setting: Landscaped grounds situated along Ferndale Road, one of Minnesota's most prestigious and high-priced corridors
@a6. MN Business Partnerships
My guess is getting ready to bail out of MN and settle/retire in a RED state like FL.
https://www.bizjournals.com/twincities/news/2026/09/22/medtronic-ceo-geoff-martha-lake-minnetonka-wayzata.html
Business as usual. Expected leadership tenure for MBP.
Here’s some advice. Notice the thought without arguing with it.
@OP what’s MBP