WASHINGTON (AP) -- Medtronic said Monday that Chairman and CEO William A. Hawkins intention stair down in April after three years leading the world's largest medical logotype manufacturer.

The advertisement took Wall Terrace by discover ', stated Hawkins' tiny time on the livelihood and extent progeny age. But prearranged the company's sluggish performance in new years, analysts mostly affirmed the ship aboard of governor's determination to seek new leadership.

"He came into a challenging ecosystem where pierścionki the explication buy after the party's bread and butter products was already in forgo," said Edward Jones analyst Aaron Vaughn. "It's not Bill Hawkins' blemish that the assortment is where it is, but he is the CEO of the band and the on had to do something."