Art Collins

About

Art Collins is a current board member of Arconic, Boeing and US Bancorp, and a past director of Alcoa, Cargill and Tennant. He also served as a member of the Board of Overseers of the Wharton School at the University of Pennsylvania and as chairman of AdvaMed, the medical technology industry association.

Art was chairman & CEO of Medtronic from 2001-2008, previously serving as the company's president & COO since 1994. He joined Medtronic in 1992 as president of Medtronic International. During his tenure as CEO and COO, revenues and earnings per share both grew at a compound growth rate in excess of 15%. Medtronic, the world's largest medical technology company, has been cited as one of the most admired companies, known for strong corporate governance and community involvement.

Art joined Medtronic from Abbott Laboratories where he had been corporate vice president responsible for Abbott's worldwide diagnostic business units since 1986. He began his career with Abbott in 1978 as manager of corporate planning. While at Abbott, he held a number of general management positions in the U.S. and Europe. Before joining Abbott, he served as a line officer in the U. S. Navy from 1969 to 1973. From 1974 to 1978, he was a consultant with Booz, Allen & Hamilton in Chicago.

Art joined Oak Hill Capital Partners as a senior advisor in 2009. In addition, Art and Sophia Shaw, retired president & CEO of the Chicago Botanic Garden, in 2016 formed Acorn Advisors, LLC, a consulting firm focusing on governance and strategic planning for nonprofit organizations and large family offices. In addition to his business and civic endeavors, he authored The Adventures of Archibald and Jockabeb, a 9-book series of adventure/fantasy stories for children.

Art received a BS degree and an honorary Doctor of Laws degree from Miami University in Oxford, Ohio. He also holds a MBA degree from the Wharton School of the University of Pennsylvania where he was a member of the undergraduate faculty. He has earned the 2018 Wharton Alumni Club of New York Joseph Wharton Lifetime Achievement Award.

Publications

Professional Perspectives:

Lessons in Leadership I Learned as a Naval Officer (November 2, 2018)

The Power of an Honest Apology (June 7, 2017)

My Word Is My Bond—Or Is It? (March 25, 2017)

Truth and Leadership (February 14, 2017)

Fifteen Keys to Research and Development Success (March 15, 2016)


Profiles:

Joseph Wharton Lifetime Achievement Award Acceptance Speech (October 14, 2018)

How Honest Apologies Can Help Leaders Bounce Back,” Knowledge at Wharton/SiriusXM
(Jul 28, 2017)

15 Keys to Medtech R&D Success,” MedTech Strategist (March 30, 2016)

ON BOARD: Art Collins Brings a Unique Perspective to Cargill,” Cargill.com (February 2016)

Meet the Lead Director of U.S. Bancorp,” U.S. Bancorp newsletter (December 7, 2015)

Miami University, Farmer School of Business, “Collins Gift Supports Social Entrepreneurship”
(September 2010)

Oak Hill Capital, “Oak Hill Capital Names Art Collins as Senior Advisor” (April 2, 2009)

Wharton Alumni Magazine, Special Anniversary Issue,“125 Influential People and Ideas, A Medical Calling Redirected, Arthur D Collins Jr, WG 73" (Spring 2007)

Business Wire, “Medtronic Announces Succession Plans for CEO and COO” (February 2007)

Globe News Wire, “The Wharton School’s Advanced Management Program Welcomes Art Collins as Guest Speaker” (September 13, 2006)

Medical Device and diagnostic Industry, “Medtronic CEO: Medical Technology is the Path to Increased Healthcare Value” (January 1, 2006)

Walker Art Center Capital Campaign, “Inventing the 21st-Century Arts Center” (September 2004)

Business Wire, “Medtronic Chairman and Chief Executive Officer Art Collins to Serve as Chairman of AdvaMed” (March 5, 2004)

CNN Money, “CEO of the Week, Art Collins” (May 23, 2003)

RBC Ministries publication, “Our Daily Bread” (November 2002)

EDN Network, “Organic Growth” (July 2002)

The Wall Street Journal, “Medtronic to Name Collins to succeed George as CEO” (August 24, 2000)

Minnesota Public Radio, “New CEO Art Collins on future of the company” (August 24, 2000)


Videos:

Joseph Wharton Lifetime Achievement Award
Acceptance Speech (2018)

Guest Host, Squawk Box (2005)

Interview, “CEO of the Week,” Lou Dobbs (2003)

Interview, “CEO of the Week,” Lou Dobbs (2002)


Pdfs:

Medtronic, Annual Report, Report from the Chairman and CEO (2007)

University of Pennsylvania, The Wharton Economic Summit, Keynote and Featured Speaker, Art Collins, WG73 (April 2007)

NYSE Magazine,“Setting the Pace, A Company with Heart” (October/November 2006)

Miami University,“Commencement, The Honorary Degrees, Arthur D. Collins, Jr, Doctor of Laws” (2006)

NYSE Magazine, “Life’s Work” (March/April 2003)

NYSE Magazine, “Harnessing Brainpower” (September/October 2003)

Daily Camera, “CEO, Mission Key to Ethics” (February 6, 2003)

Business Week Magazine,“The Best Performers” (Spring 2003)

Institutional Investor, “Hail to the Chiefs” (January 2003)

Wharton Alumni Magazine,“A Labor of Love, Art Collins, WG 73” (Summer 2002)

Corporate Board Member, “Grow Your Own CEO” (March/April 2002)

Northwest Airlines, World Traveler Magazine, “The Business of Saving Lives” December 2001)

Darwin Magazine, “Darwin Fittest 50, Innovate Your Heart Out,” (October 2001)

Saint Paul Pioneer Press, “New CEOs, New Pressures” (June 24, 2001)

MX Magazine, “Medtronic’s Grand Opera, Art Collins, Bill George” (May/June 2001)

Star Tribune, “Medtronic Meets Earnings Target” (May 23, 2001)

The Wharton Journal, “Alumnus of the Week” (September 10, 2001)

World Trade Magazine, “Mending Hearts” (March 1994)