Damien McDonald served as the CEO of LivaNova PLC from January 2017 until April 2023. He has a solid academic background with bachelor's degrees in pharmacy and economics from the University of Queensland, a master's in international economics from the...
Damien McDonald served as the CEO of LivaNova PLC from January 2017 until April 2023. He has a solid academic background with bachelor's degrees in pharmacy and economics from the University of Queensland, a master's in international economics from the University of Wales, and an MBA from IMD in Switzerland. Before stepping into the CEO role, McDonald held several significant positions in the life sciences sector, including at Danaher Corporation, where he was responsible for over 3,200 employees across several regions. Under his leadership, LivaNova focused on executing strategic initiatives aimed at improving revenue and profitability. Interestingly, during his tenure, he had the biggest bonus in 2018, which peaked at over $3.5 million, due to exceeding performance goals. However, he left LivaNova after a period of apparent challenges. His departure was sudden, and the company had to quickly search for his replacement after he resigned. Initially, he received a notice payment of £1,062,138, reflecting his salary and benefits during his garden leave. Despite the ups and downs, McDonald is recognized for his experience in guiding complex organizations in the healthcare space.