N2Growth, a global leader in executive search and leadership advisory, curates the annual list to recognize HR leaders who are shaping the future of work. Now in its 10th year, the Leaders40 list highlights executives who demonstrate excellence in human capital management and drive meaningful change within their organizations. 

Walter’s recognition reflects his commitment to fostering a culture rooted in curiosity, courage, and compassion at Medtronic. Under his leadership, the company continues to advance its Mission to alleviate pain, restore health, and extend life — creating an environment where people and innovation thrive together to improve lives globally. 

“I’m humbled to receive this recognition and energized by what it represents — the growing opportunity for HR to shape how people and organizations thrive,” said Walter. “This truly reflects the collective impact of our global HR team at Medtronic. Together, we’re building a culture where our people and innovation thrive side by side to improve lives around the world.”

Each year, the N2Growth selection committee interviews hundreds of executives from around the world before finalizing the list.  

“As the profession evolves, the CHRO role is rapidly transforming,” said Tony Morales, co-chairman of N2Growth and head of the Leaders40 Selection Committee. “This year’s honorees embody the qualities that define great people-leadership today: innovation, strategic perspective, courage, and an unwavering commitment to advancing both people and performance. We are proud to celebrate these executives as they represent the benchmark for excellence in HR leadership today.” 

The full list of honorees is available here.

Related content

Medtronic education program opens doors for employees

Medtronic benefits are built for every chapter

Back to school: Tech innovation fuels hiring boom