COVID Stimulus Watch Individual Entry

Individual Award Data

Recipient Company:
Medtronic Inc
Parent Company: Medtronic
Award Date: Aug 10, 2020
Award Type: loan
Loan or Loan Guarantee Amount: $5,569,422
Awarding Agency: Federal Reserve
Program Name: Secondary Market Corporate Credit Facility
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Ownership Structure: publicly traded (ticker symbol MDT)
Headquartered in: Ireland
Parent Sector: medical equipment and supplies
Parent Industry: medical devices
Employees (prior to pandemic): 90,000

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $3,702,834
Contracting icon
Government-contracting-related Penalties: $48,837,947
Environment icon
Environmental / Healthcare / Safety Penalties: $30,021,755
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $23,827,000
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 240 to 1
CEO Compensation: $17,796,325
Worker Median Pay: $74,206
Tax icon
Total Federal, State, and Local Subsidies: $18,293,366
Subsidy Tracker
Violation Tracker

Details on Accountability data sources