Vice President, Investor Relations This report is not for commercial use. Read our editorial policy to learn more about our process. Stryker designs, manufactures, and markets an array of medical equipment, instruments, consumable supplies, and implantable devices. We use that term very intentionally. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. But whats changing is were buildingtremendous marketing capabilities. Its an emergency medical technology.. They can do allthis on their own inside the walls of theirbuilding. Two of our competitors launched newknees three or four years ago, and weretaking market share from them with an olderknee. Ask him how he's done itas we did at our recent Healthcare CEO Summitand the answer is . In our mission statement, it said, Togetherwith our customers, we are driven tomake healthcare better. We are driven,those words were very, very thoughtfullychosen. Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. for our people, our customers and their patients, our shareholders and our communities. 16% of Stryker's management is Hispanic or Latino. Based on our data team's research, Kevin A. Lobo is the Stryker's CEO. Alan led the companys worldwide SAP consolidation program, driving the company to a single global ERP instance. I have to sell the divisions onwhy they should do anything. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. Vice President & Chief Human Resources Officer, Associate Program Manager & Chief People Officer, Global Group President, Quality & Business Operations, Vice President, Chief Information Officer and Chief Information Security Officer, Chief Financial Officer & Vice President, Commercial Excellence Joint Replacement Division, Senior Director. Rob attended Boston College Law School between 1993 and 1996 and The Ohio State University between 1988 and 1992. Sales, marketing, R&D, business development, theyre all in the same building. Yeah. We dont want tocompletely change the culture because eachdivision is unique and were buying themfor a reason. Group President, Orthopaedics and Spine, JasonBeach Kevin Lobo (57 yo) 10.33yrs. We started doingacquisitions. It is mandatory to procure user consent prior to running these cookies on your website. Get Contact Info for All Departments Stryker Org Chart Kevin Lobo Chair and CEO 8 6 Product & Eng (3.7k) Alan Douville We called it the Freshness Index. (business & personal). The staff at Stryker come from unusually diverse demographic backgrounds. David Stryker Executive Vice President, General Counsel and Secretary Anthony Hankins Chief Executive Officer, Asia Pacific and Division President, Polyurethanes Rohit Aggarwal Division President, Textile Effects Scott Wright Division President, Advanced Materials Chuck Hirsch Division President, Performance Products Brittany Benko So, someone selling to Stryker knows theiremployees will be taken care of and thatwere gonna grow the business, invest inthe business. Learn more atchiefexecutivegroup.com. Learn more about jobs at Stryker. Mr. Pierce and Mr. Stiles will continue to serve on the Stryker Leadership Team and will report directly to Kevin A. Lobo, Chair & Chief Executive Officer. Thats something that Stryker used to track. Thefirst thing thats not changing is we are continuingto specialize our sales forces moreand more at a time when many of our competitorsare actually increasing the size of theproduct bag. WhatIve learned is you need to rip the Band-Aidoff quickly. Key Partners. Vice President, Chief Accounting Officer, JeanneBlondia Its a need that we have, we fill the gap. Founded in 1941 and headquartered in Portage, Michigan, Stryker is a medical technology firm that develops and produces medical implants, surgical and imaging technologies, as well as patient handling and emergency medical equipment. We were not great at it early. Download. Noting that the IM-SHORAD platforms were created under the Army's Program Executive Office for Missiles and Space and not PM Stryker, Venable added, "The . Vice President, Chief Human Resources Officer, RobFletcher Every company has their ownmagic, and thats ours. What I say is that people in the corporatecenters of Stryker or shared services, includingme, are in the sell business, not thetell business. we impact more than Get Contact Info for All Departments. He studied at Eastern Michigan University between 1983 and 1987 and American Society of Heating Refrigerating & A-C Engineers. But now were startingto see in certain organizations, lets put ina Stryker sales leader. Wehave a common playbook. Looking for a particular Stryker employee's phone or email? For investor inquiries please contact: View all jobs in Redmond at Stryker. No onesgonna say, [Make] sure that rod is aStryker rod, because theyre under anesthetic. We also use third-party cookies that help us analyze and understand how you use this website. Orthopaedics includes the Company's Reconstructive, Trauma and Extremities . All rights reserved | Chief Executive Group | Privacy Policy. We offer innovative products and services in Medical and Surgical, Neurotechnology, Orthopaedics and Spine that help improve patient and hospital outcomes. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. L The more you do, you getbetter at it, you build muscle, you buildknow-how. Webmaster| Having a great balance sheet 10 years ago or 20 years agoAA or AAAwas a badge of honor. 269-385-2600. With soaring M&A expected in the post-COVID climate, CFOs would be wise to borrow a page from Stryker, which doubled revenue through dealmaking. You also have the option to opt-out of these cookies. Theyre organized. Develop, Deliver and Sustain the Army's Premier Wheeled Combat Vehicles to Sustain our Soldiers' Combat Advantage. Executive Vice President and Chief Financial Officer. Win whats next. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Its coming. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. That things been growing doubledigits for us since we bought it. . So its been wildlysuccessful, but it wasnt that obvious. These cookies do not store any personal information. STRYKER CORPannual reports of executive compensation and pay are most commonly found in the Def 14a documents. You have to have high humility. Lorem ipsum dolor sit, amet consectetur adipisicing elit. Patients care a lot now. If the call point is a nurse, wewrap the products around that OR nurse. United States. The acquisitional tear shows no sign ofabating. You guys wanna dress this way or whateverdo this, thats fine.. Thats the way were structured. STRYKER CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. And that is hard to find. How we use your information depends on the product and service that you use and your relationship with us. William Berry is a Board Member at K2M, Board Member at ENTELLUS MEDICAL INC, and Chief Acctg Officer/VP/Controller at Stryker and is based in Portage, Michigan. Accessibility/Section 508| More information is available atwww.stryker.com. Sure. But its notabout the implant now, its about how wellthe knee is balanced and how much softtissue were disrupting. If we can do a lessinvasive procedure, the surgeon can havebetter information with a 3D plan, so theycan make it more personalized. We have a strong balance sheet, so theyknow that as soon as they see somethinginteresting, they can come to us, and fundinghas never been a problem. YinBecker And as soon as the bag starts to gettoo big, or we have some division or a salesrep that selling to two or three call points,as soon as we can fill it in with extra products,then we split. Theres always thenext deal coming. Its the first time in the historyof orthopedics that the oldest knee is thefastest-growing knee. Vice President, Chief Financial Officer, KatyFink Stryker is one of the world's leading medical technology companies and, together with our customers, we are driven to make healthcare better. Stryker is 34% female and 66% male company-wide. They want to know,Hey, is it being done with robotic surgery,and whats the implant?. And iftheyre missing their numbers, they feel thepain. You buy thetechnology, and you stick it into your ownR&D team. By call point. Im not saying theyre bad, itsjust not us. Stryker Announces Changes to Executive Leadership. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). VP, Chief Information Officer & Chief Information Security Officer. Executive Compensation in Private Companies Report, Flex Focuses On Autonomation For Best Returns From Digitalizing, AP Automation: Medicine For A Looming Recession. I took a lot of heat fromthat. symbol for our common stock traded on the New York Stock Exchange. Stryker Executive Team (72) Update this profile Name Title Board Seat Contact Info; Kevin Lobo: Chief Executive Officer & Chairman: Spencer Stiles: Group President, Orthopaedics and Spine: Brian White: President: J. Wevebecome a much more sophisticated marketingcompany, better price discipline,better price management, better segmentationof customers. Average management tenure. Vice President, Investor Relations, BillBerry We are a growing and evolving organization focused on achieving our mission of making healthcare better. Executive Vice President, General Counsel and Secretary. Tim has led teams to excellent performance over time and has been a champion of growth and talent throughout his career, said Mr. Lobo. Stryker raised a total of $400 M in funding over 1 rounds, and is a public traded company. Here are further demographic highlights of the leadership team: The Stryker executive team is 40% female and 60% male. Stryker is a leading medical technology company with over 40,000 employees. Our process is not efficient. Karim joined Convatec in September 2019. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui off, si ut aliquip ex ea commodo consequat. Our management | Stryker About Medical and Surgical Equipment Our management We have a high-performance team of diverse and talented leaders that live our mission and values. But to lead teams, you cant have bigego. Every single business has their own sales,their own marketing, their own R&D, theirown business development. These products and services are usually sold through license agreements or subscriptions. But that was more of abet that we made. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Zippia gives an in-depth look into the details of Stryker, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Stryker. Get the full list, To view Strykers complete esg history, request access, Youre viewing 5 of 7 exits. Kalamazoo, Michigan, Aug. 18, 2021 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) announced today that after an outstanding thirty-one-year career at Stryker, Timothy J. Scannell, President and Chief Operating Officer has notified the company of his intent to retire on March 31, 2023. Thesethings matter for people. Executive Summary. Search over 700 But it will accelerate, and were alreadytalking to our teams about how we starttelling our story. Search, find and apply to job opportunities at Stryker, one of the world's leading medical technology companies. Excerpts of that conversation,edited for clarity and length, follow. No credit card required. David Stryker. Get the full list, Morningstar Institutional Equity Research, Gear mechanisms for fixation frame struts, Systems and methods for airway management. Most of the products we sell are acuteintervention products. Vice President, Global Regulatory Affairs and Quality Assurance, Vice President, Chief Corporate Affairs Officer, Vice President, Chief Human Resources Officer, Group President, Global Quality and Operations, Group President, MedSurg and Neurotechnology, Vice President, Chief Information Officer and Chief Information Security Officer, Vice President, Global Regulatory Affairs and Quality Assurance. Those peopleneed the lowest ego, because nobody careswhat your title is at Stryker. How does that play out on the ground? Stryker excels at identifying emerging opportunitiesacross a broad spectrum of medtech categories. Its actuallyvery easy. Its a trait that we look for. M Kathryn 'Katy' Fink is a VP/Chief Human Resources Officer at Stryker and Board Member at Bronson Health Care Group Inc. She has worked as VP:Talent Management at Stryker and VP:Human Resources at Stryker. Theyre asleep. Andtheyre out the door. I say the term call point very intentionally because its different than what youll hear other CEOs or companies say. Stryker has 43,000 employees, of which 52 are in a leadership position. Nearly one fourth of Stryker's total revenue currently comes from outside the United States. Salespeople say, Hey, I saw this great product in surgery. They call marketing, marketing looks over to R&D and says, Hey, did you hear about this product?. Stryker employs 38,134 employees. If theyre a really good innovativecompany, the last thing I want to do iskill their innovation. Now, investors are like, Why are you wasting your money? Twothings happen: When the board goes to thevisit, I dont have to ask them to put theStryker signage up. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. But not for anything elective. He is the current chair of AdvaMed (Med-Tech trade association) and is a member of the Business Roundtable and Business Council. Stryker's key executives include Kevin A. Lobo and 27 others. When you buy technology without all thepeople, its easy to integrate. But it is obvious that if you can have a machineour saw bladethats cutting your bone in your knee that will only letyou cut where youre supposed to cutevenif the surgeon tries to cut the PCL ligament,they cant do itwhy wouldnt you wantsome robot that absolutely 100 percentguarantees youre not gonna cut or evennick the PCL? Stryker President and COO Timothy J. Scannell to retire. (269) 385-2600 Stryker Profile and History Founded in 1941 and headquartered in Portage, Michigan, Stryker is a medical technology firm that develops and produces medical implants, surgical and imaging technologies, as well as patient handling and emergency medical equipment. How experienced are the management team and are they aligned to shareholders interests? Group President, Global Quality and Operations, AndyPierce When a hospitalcustomer is thinking, Who shouldI be partnering with for neurosurgery ororthopedic surgery? We want to be the obviouschoice. People are going to care muchmore. Personalize which data points you want to see and create visualizations instantly. Theproducts have their own name. All proxy statements are public filings made available to the general public by the SEC. Get the full list, Youre viewing 5 of 13 board members. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. orward- But if we get the price close, they prefer tosell to usespecially if its like a lot of thecompanies we buy, which are private, andsometimes family-run businesses. This site is governed solely by applicable U.S. laws and governmental regulations. To explore Strykers full profile, request access. The idea of robotics in orthopedics, mostcustomers told me, We dont need it. Theconsultants that we work with, the orthopedicsurgeons that use our products, said,Were not asking for it. But thats one ofthe areas where there were a few surgeonswho really believed in it. Comprehensive performance, salary and tenure analysis for the CEO, board and leadership team. The data presented on this page does not represent the view of Stryker and its employees or that of Zippia. We were loudlycriticized and even our own customersdidnt support us initially, but now werecoming up on 800 robots in the market. Our stock went down 5 percent the daywe announced the deal. 4.5yrs. We always had a habit of putting in aStryker finance people and a Stryker HRperson, typically. Rob Fletcher is a Chief Legal Officer at Stryker and is based in Greater Boston. We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. We screen forhumility. Stryker employs 38,134 employees. So we think of things in terms of callpoint. Of all the deals weve done, that was the most controversial. Kevin was born in India, grew up in Canada, and has lived and worked in four countries and four industries. Work At Stryker? Wedont do that anymore. We disclaim any intention or obligation to publicly update or revise any forward-looking statement to reflect any change in our expectations or in events, conditions or circumstances on which those expectations may be based, or that affect the likelihood that actual results will differ from those contained in the forward-looking statements. Medical Devices & Equipment, Manufacturing, 2825 Airview Blvd, Kalamazoo, Michigan, 49002, United States. 10% of the management team is Black or African American. He has worked as Associate at Katz Teller; Worldwide Vice President, Litigation at Johnson & Johnson; and Vice President - Law at Ethicon Endo-Surgery, Inc.. You must click the activation link in order to complete your subscription. Executive Team. Alan led the companys worldwide operational excellence program, driving the company to align operations and security to match the global growth requirements of the enterprise. Stryker has 5 employees across 55 locations and $18.45 b in annual revenue in FY 2022. For R&D engineerswho arent leading large teams to have a bitof an ego is okay. But its a great question. He embodies our mission and values, and we are grateful for his leadership and impressive results. Our knee business, we havethe oldest knee on the market. Duis aute irure dolor in reprehenderit in, Youre viewing 5 of 41 competitors. Vice President, Finance and Treasurer, AndrsCedrn Howdo we become really excellent in that callpoint and solve their problems in the callpoint? Kalamazoo, MI 49002 Its justbought versus made.. Diageo is the worlds leading premium drinks business with an outstanding collection of beverage alcohol brands across spirits, wine and beer categories, with revenues of $20 billion.Alan is a member of Beta Gamma Sigma Fraternity Business Management Forum. 11/08/2012. Prior to that, he was a partner and certified public accountant at Arthur Andersen. The result? Its really by design that wherever we play we want to be absolute leaders in thefield, Lobo explains of Strykers tuck-inapproach to deal-making. . And if we pass onsomething, they know that they can comeback the next week with another deal. We have a divisionthats laser-focused on that call point. Our team helps the organization achieve success by providing the right product to the right customer at the right time. Dan Bigman is Editor and Chief Content Officer of Chief Executive Group, publishers of Chief Executive, Corporate Board Member. I would call andsay, Whats this company theyre buying?[Theyd say], We dont know who they are. But people thatwho dont have that high humility, low ego,they get chewed up and spit out really fast. View all jobs in Redmond at Stryker. Ill give youan example. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Privacy Policy and And its very unifying forthe organization. This is a profile preview from the PitchBook Platform. Frankly, its just as powerful inside the companyas it is with our customers. Because instead of investingin a new knee, we chose to invest in roboticsto help put the knee in perfect balance, andwe chose to invest in one component of theknee thats 3D printed so that you dontneed to use bone cement when you do theprocedure. Kalamazoo, Michigan, Aug. 18, 2021 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) announced today that after an outstanding thirty-one-year career at Stryker, Timothy J. Scannell, President and Chief Operating Officer has notified the company of his intent to retire on March 31, 2023. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. We sell different types of products and services to both investment professionals and individual investors. Boehnlein began his career with us in 2003 as the Vice President of Finance and IT for our Endoscopy division and has taken on roles of increasing responsibility throughout his career, most recently as Group CFO of MedSurg and Neurotechnology.Prior to joining us, Mr. Boehnlein spent three years with Success TV as CFO.

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