Stryker serves an international customer base spanning more than 100 countries, serving healthcare professionals, medical facilities, and specialist equipment and device distributors. 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. None of the information on this page has been provided or approved by Stryker. Executive Vice President, General Counsel and Secretary. free lookups / month. Get Contact Info for All Departments. No credit card required. Kevin A. Lobo Chair and CEO Glenn S. Boehnlein Vice President, Chief Financial Officer Robert S. Fletcher Vice President, Chief Legal Officer M. Kathryn Fink Vice President, Chief Human Resources Officer The company is 33.7% female and 44.1% ethnic minorities. M attended Kenyon College and Rutgers University School of Management. This website uses cookies to improve your experience while you navigate through the website. Our team helps the organization achieve success by providing the right product to the right customer at the right time. 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. Download. Get the full list, Youre viewing 5 of 14 subsidiaries. The charts on this page feature a breakdown of the total annual pay for the top executives at STRYKER CORP as reported in their proxy statements. Call-point driven. patients annually. 62% of the management team is White. Vice President, Chief Financial Officer, KatyFink In November, Stryker announcedplans to acquire Wright Medical, whichdevelops medical devices for the extremitiesand biologics markets, for $4.7 billion. As a new personcoming into orthopedics, I said, Theseimplants are all good now. Prior to this, Karim worked for over 15 . {{ userNotificationState.getAlertCount('bell') }}. In the medtech industry in which Kalamazoo, Michigan-based Stryker plays, he says, innovation can only be derived if youre very,very closely collaborating with customers We dont want to inventanything without iteration with our clinical customers. For Lobo,that translates to a decentralized structure that that pushes power andacquisition strategizing down through the organization and as close tothe customer as possible. Vice President, Chief Corporate Affairs Officer, GlennBoehnlein 269-385-2600. We called it the Freshness Index. Stryker employs 43,000 employees. After submitting your request, you will receive an activation email to the requested email address. - Designing a more efficient method of performing the procedures. Initially, we were buying products. Yeah. It was my first big deal as CEO. 16% of Stryker management is Hispanic or Latino. tatements. Stryker is 34% female and 66% male company-wide. NowI just put another product in their bag,focused on the call point. 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. How does that play out on the ground? Up to 5 The company offers innovative products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine that help improve patient and hospital outcomes. Ask him how hes done itas we did at our recent Healthcare CEO Summitand the answer is pretty simple: deals, each and every one made with an intense focus on customers. 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. I say the term call point very intentionally because its different than what youll hear other CEOs or companies say. Key Partners. Thats something that Stryker used to track. Alan leads the global IT team across all aspects of application, infrastructure, security and network services as well as supporting all +30,000 employees with projects, support and technical services. In 2016, Stryker acquired Physio-Control International Inc., which provides heathcare products, data management and support services. Executive Team. We are a growing and evolving organization focused on achieving our mission of making healthcare better. We may use it to: To learn more about how we handle and protect your data, visit our privacy center. But one of the tricks I do, a very subtleway of forcing change, is to take the boardof directors to visit within a year. Buthigh drive, high humility is hard to find. So we think of things in terms of callpoint. We offer innovative products and services in Medical and Surgical, Neurotechnology, Orthopaedics and Spine that help improve patient and hospital outcomes. I refused to buy back the stock because itsnot a long-term value creator. If youregonna be put in as division president, youbetter be spending a good percentage ofyour time looking at deals. We find a way to massagethem. Itwont work. The information shown here is a reporting of information included in the company's proxy statement. Executive Team. 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. Get the full list, To view Strykers complete esg history, request access, Youre viewing 5 of 7 exits. View all jobs in Redmond at Stryker. Theproducts have their own name. Stryker works closely with a range of partner companies and organisations throughout the design, manufacture, and sale of its products. Looking for a particular Stryker employee's phone or email? CEO. Here's a list of some of the top trending technologies and APIs used by Stryker. The acquisitional tear shows no sign ofabating. Now, those same investors, by the way,are like, Hey, whats the next deal youregonna do?. They usually have distributors,so you get rid of the distributors. Kevin was born in India, grew up in Canada, and has lived and worked in four countries and four industries. Our process is not efficient. Give it to us. They have the drive for results,that is what we look for in Stryker. Disclaimer| Wevebecome a much more sophisticated marketingcompany, better price discipline,better price management, better segmentationof customers. Its a structural advantage. It is mandatory to procure user consent prior to running these cookies on your website. We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. last updated: We always had a habit of putting in aStryker finance people and a Stryker HRperson, typically. A hands-on global IT leader who identify & execute strategic opportunities, resulting in wider business outcome, impact and value.<br><br>I bring combination of people, process, and technology experience to drive success. Lets sprinkle in alittle bit more Stryker. WhenMedtronic had it, it was growing 2 percent,3 percentthats why they sold it. Stryker employees rate their Executive Team in the Top 5% of similar size companies on Comparably with 10,000+ Employees. Its 13 yearsold. Its a need that we have, we fill the gap. Its the first time in the historyof orthopedics that the oldest knee is thefastest-growing knee. Get the full list The Stryker management team includes Kevin Lobo (Chair and Chief Executive Officer), Dylan Crotty (President, Instruments), and Timothy Scannell (Board Member) . Group President, MedSurg and Neurotechnology, SpencerStiles Yin Becker, Vice President, Chief Corporate Affairs Officer at 269-385-2600 or yin.becker@stryker.com, Jason Beach This was seven years ago, buybacks werein vogue. 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. Executive Vice President and Chief Financial Officer. When they show upon the first day the deals closed, we show up,they sign up for their Stryker benefits. Vice President, Chief Information Officer and Chief Information Security Officer, Dana McMahon We startedgetting busy on deals. Executive Compensation in Private Companies Report, Flex Focuses On Autonomation For Best Returns From Digitalizing, AP Automation: Medicine For A Looming Recession. 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. If theyre a really good innovativecompany, the last thing I want to do iskill their innovation. And almost one out of every three kneesis going in with a robot. Stryker Management. Senior Division IP Counsel, Director, Business Development (Mergers & Acquisitions), Vice President and Senior Division Counsel - Spine. -Promote vehicle upgrades and additional protections through suggestive . So, the orthopedics groups decidednot to invest in that. - Optimizing current cleaning and packaging capabilities of the Stryker Mahwah location. SYK 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. We used to be way too nice tothese companies. I believe focus drives growth. A team of dedicated professionals delivering reliable world-class wheeled combat vehicles to the Warfighter. Stryker Corporation is an American multinational medical technologies corporation based in Kalamazoo, Michigan. 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? for our people, our customers and their patients, our shareholders and our communities. Every company has their ownmagic, and thats ours. The data presented on this page does not represent the view of Stryker and its employees or that of Zippia. That things been growing doubledigits for us since we bought it. We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. Knee replacement is a great example. Get the full list, Youre viewing 5 of 80 investments and acquisitions. Its justbought versus made.. Rob attended Boston College Law School between 1993 and 1996 and The Ohio State University between 1988 and 1992. Sign up for a free account. Preston Wells, Vice President, Investor Relations at 269-385-2600 or preston.wells@stryker.com, For media inquiries please contact: Based on our data team's research, Kevin A. Lobo is the Stryker's CEO. Alan received an MBA and a bachelors degree in electrical engineering from the University of Maine. Lorem ipsum dolor sit amet consectetur adipisicing elit. Looking for a particular Stryker employee's phone or email? Howdo we become really excellent in that callpoint and solve their problems in the callpoint? I understand business motivations, IT operations and do analysis of related processes, data and networks that link the E2E value stream. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. "It's a good time to be in the Stryker business. It createsa lot more power. And its very unifying forthe organization. I get those three answers every time. The Stryker management team includes Kevin Lobo (Chair and CEO), Dylan Crotty (President, Instruments), and Timothy Scannell (Board Member) . 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. Orthopaedics includes the Company's Reconstructive, Trauma and Extremities . we impact more than Were very tough on holding themaccountable to the metrics of the model. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Having a great balance sheet 10 years ago or 20 years agoAA or AAAwas a badge of honor. So, someone selling to Stryker knows theiremployees will be taken care of and thatwere gonna grow the business, invest inthe business. Stryker Announces Changes to Executive Leadership. You also have the option to opt-out of these cookies. Oct 2021 - Jan 20231 year 4 months. 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. The result? The Stryker executive team is 40% female and 60% male. We have a high-performance team of diverse and talented leaders that live our mission and values. But not for anything elective. Mon, 07-Nov-2022 8:18. Duis aute irure dolor in reprehenderit in, Youre viewing 5 of 41 competitors. Even my customers were very upset, it was a disruptive idea. 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. Provide specific products and services to you, such as portfolio management or data aggregation. It was counterintuitive. But to lead teams, you cant have bigego. High drive, low ego is rare. I align the business strategize and . Search, find and apply to job opportunities at Stryker, one of the world's leading medical technology companies. We screen forhumility. Its teamfirst, me second. Ask him how he's done itas we did at our recent Healthcare CEO Summitand the answer is . Definitely. We have a knee calledTriathlon, we have the Big Wheel bed. Stryker remains one of the three largest competitors in reconstructive orthopedic implants and holds the leadership position in operating room equipment. Stryker's key executives include Kevin A. Lobo and 27 others. November 4, 1894 Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Learn more atchiefexecutivegroup.com. Stryker designs, manufactures, and markets an array of medical equipment, instruments, consumable supplies, and implantable devices. I would call andsay, Whats this company theyre buying?[Theyd say], We dont know who they are. IT Department. Most of the products we sell are acuteintervention products. I wanna use the money foracquisitions. Shareholders were screamingat me, they wanted me to buy back stock. 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 . William works or has worked as MEMBER at American Institute of Certified Public Accountant. Vice President, Internal Audit, Alan Douville Group President, Orthopaedics and Spine, JasonBeach When we did that deal, investors said, Medtronic said this wasnt a good business. I said, Well, its not good for them because its not a cardiovascular product. Ill give youan example. So when customers are changing, we seethings early. What I say is that people in the corporatecenters of Stryker or shared services, includingme, are in the sell business, not thetell business. Here are further demographic highlights of the leadership team: The Stryker executive team is 40% female and 60% male. Thats exactly right. View all jobs in Redmond at Stryker. PM Stryker Brigade Combat Team (SBCT) provides proven acquisition, development, and sustainment of the Stryker Family of Vehicles (FoV) that afford the Warfighter quick response maneuvering,. But theyre not asking anybody at corporate. But now were startingto see in certain organizations, lets put ina Stryker sales leader. Vice President, Corporate Secretary, IreneCorbe For that business, the Freshness Indexwould have encouraged the wrong behavior,which is We better launch a new kneeso that we score high on the FreshnessIndex. It really varies by business, how wechoose to measure the level of innovativeness. We do customer focus structurally. STRYKER CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. White is the most common ethnicity company-wide. Vice President, Chief Compliance Officer, Jody Powell Im not saying theyre bad, itsjust not us. Enter employee name to find & verify emails, phones, social links, etc. We started doingacquisitions. Whatever deal model they put together,it doesnt go on a shelf, it goes into theirbonus plan for the next two years. Stryker President and COO Timothy J. Scannell to retire. How experienced are the management team and are they aligned to shareholders interests? More information is available atwww.stryker.com. The most common ethnicity among Stryker executive officers is White. Stryker employs 38,134 employees. Mako is the brand for roboticin orthopedics. 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. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. As we continue to grow, we need leaders like you. At Stryker, quality is first in everything we do. Frankly, its just as powerful inside the companyas it is with our customers. Everyonein the center at Stryker is at the surface ofthe divisions, theyre the center of gravityof our company. Orthopedic Frame Company, Ivy Sports Medicine. He has worked as Controller Electronics & Safety at APTIV PLC; Director of Finance Global Powertrain at Federal Mogul; and Vice President, Corporate Controller (Principal Accounting Officer) at Stryker. 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. 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. I would say were in the very early stagesof consumerism. Popular Searches Stryker Corp Stryker Stryker - Corp Stryker A/S Stryker employs 38,134 employees. Terms of Service apply. Someof the companies we buy, the owners ofthose companies dont have humility. 16% of Stryker's management is Hispanic or Latino. They have to convince themselves theycan make the numbers work, because onething we are is very tough on the dealmodel. They have thiswhole sense of accountable businesses,and theyre very close to their customers. Twothings happen: When the board goes to thevisit, I dont have to ask them to put theStryker signage up. If itlooks interesting, they call the BD people in. To explore Strykers full profile, request access. Inthe military, its about the mission. 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. Additional information concerning these and other factors is contained in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. But it will accelerate, and were alreadytalking to our teams about how we starttelling our story. Every single business has their own sales,their own marketing, their own R&D, theirown business development. Sales, marketing, R&D, business development, theyre all in the same building. Alan Douville is CIO and CISO at Stryker Corporation, one of the worlds leading medical technology companies producing products and services in over 100 countries around the world. But people thatwho dont have that high humility, low ego,they get chewed up and spit out really fast. 2023 PitchBook. United States. PM Stryker Brigade Combat Team (SBCT) provides proven acquisition, development, and sustainment of the Stryker Family of Vehicles (FoV) that afford the Warfighter quick response maneuvering, enhanced survivability and lethality, expanded fight versatility, and proven tactical agility. He received his bachelors and masters degrees in accounting from Mississippi State University. The employee data is based on information from people who have self-reported their past or current employments at Stryker. Industry Healthcare, Technology + 2 more Location Weston, FL + 11 more Size 10,000+ employees Perks and Benefits Health & Wellness and more Working at Stryker With more than 43,000 employees globally, Stryker is on a mission to make healthcare better. Stryker is a leading medical technology company with over 40,000 employees. Its an umbrella. It ended up being avery good bet. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. Our stock went down 5 percent the daywe announced the deal. VP, Chief Information Officer & Chief Information Security Officer. He is the current chair of AdvaMed (Med-Tech trade association) and is a member of the Business Roundtable and Business Council. You buy thetechnology, and you stick it into your ownR&D team. 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. Mr. Boehnlein has global responsibilities for Finance activities, including Corporate Accounting, Reporting, Tax, Treasury and Internal Audit.Mr. Pierce: President: Viju Menon Ph.D: President: You're viewing 5 of 72 executive team members. ooking Were even doing patientstories on our website, so people [can] goon the website and say, Hey, if I have aneed for this procedure, let me see a patientdescribing what they went through. It hasto be real and authentic. Whirlpool is the leading manufacturer of major home appliances with revenues of $18 billion.Prior to Whirlpool, Alan was with Diageo PLC where he served as the SVP of IT, leading many global strategic programs. symbol for our common stock traded on the New York Stock Exchange. Basically, within ayear, we want all the signage to be Stryker. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. This report is not for commercial use. Wehave a common playbook. 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. Vice President, Chief Legal Officer, VijuMenon Weve had great success with men andwomen coming out of the military. Verify your identity, personalize the content you receive, or create and administer your account. These cookies will be stored in your browser only with your consent. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. So I said, We need to get more aggressiveon M&A. We try allkinds of crazy things inside the call points. Theycare about the legacy. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Work At Stryker? He studied at Eastern Michigan University between 1983 and 1987 and American Society of Heating Refrigerating & A-C Engineers. When a hospitalcustomer is thinking, Who shouldI be partnering with for neurosurgery ororthopedic surgery? We want to be the obviouschoice. We use that term very intentionally. 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. Team Leader Analyst Developer, Senior Project NJIT (Former Employee) - Mahwah, NJ - April 27, 2014. Executive Team. Such factors include, but are not limited to: the impact on our operations and financial results of the COVID-19 pandemic and any related policies and actions by governments or other third parties; unexpected liabilities, costs, charges or expenses in connection with the acquisition of Wright Medical Group N.V. (Wright); the effects of the Wright transaction on the parties' relationships with employees, customers, other business partners or governmental entities; weakening of economic conditions that could adversely affect the level of demand for our products; pricing pressures generally, including cost-containment measures that could adversely affect the price of or demand for our products; changes in foreign exchange markets; legislative and regulatory actions; unanticipated issues arising in connection with clinical studies and otherwise that affect U.S. Food and Drug Administration approval of new products, including Wright products; potential supply disruptions; changes in reimbursement levels from third-party payors; a significant increase in product liability claims; the ultimate total cost with respect to recall-related matters; the impact of investigative and legal proceedings and compliance risks; resolution of tax audits; the impact of the federal legislation to reform the United States healthcare system; costs to comply with medical device regulations; changes in financial markets; changes in the competitive environment; our ability to integrate and realize the anticipated benefits of acquisitions in full or at all or within the expected timeframes, including the acquisition of Wright; and our ability to realize anticipated cost savings. Get the full list, To view Strykers complete patent history, request access, Youre viewing 5 of 72 executive team members.

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