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. Leadership :: Huntsman Corporation (HUN) We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. Disclaimer| This category only includes cookies that ensures basic functionalities and security features of the website. View supply chain jobs at Stryker. Stryker remains one of the three largest competitors in reconstructive orthopedic implants and holds the leadership position in operating room equipment. What I say is that people in the corporatecenters of Stryker or shared services, includingme, are in the sell business, not thetell business. It ended up being avery good bet. Its an expectation. Littlethings like that really helped. We sell different types of products and services to both investment professionals and individual investors. 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? 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. Stryker employs 38,134 employees. These cookies do not store any personal information. To explore Strykers full profile, request access. So when customers are changing, we seethings early. I would call andsay, Whats this company theyre buying?[Theyd say], We dont know who they are. Give us the dividends or buy back stock or spend it., I felt that the companys decentralizedstructure lent itself to being able to get intonew spaces. Lets sprinkle in alittle bit more Stryker. So it is irrelevant for certain portions ofour business. They have thiswhole sense of accountable businesses,and theyre very close to their customers. Stryker excels at identifying emerging opportunitiesacross a broad spectrum of medtech categories. Frankly, its just as powerful inside the companyas it is with our customers. 62% of the management team is White. We use that term very intentionally. Terms of Service apply. Public Fundamental Data provided by Morningstar, Inc. Stryker designs, manufactures, and markets an array of medical equipment, instruments, consumable supplies, and implanta, pariatur. Its painful,being in the center and having to go to eachdivision president and get them to buy intosomething, it takes longer. View all jobs in Redmond at Stryker. Privacy Policy and View all jobs in Redmond at Stryker. Learn more about jobs at Stryker. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. 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. I have to sell the divisions onwhy they should do anything. If you have a caraccident and your leg has to be repaired,consumerism isnt going to help. We know how toinnovate and create new cycles of this innovation. Thats the way were structured. 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. We are a growing and evolving organization focused on achieving our mission of making healthcare better. After submitting your request, you will receive an activation email to the requested email address. Stryker Company Profile: Stock Performance & Earnings | PitchBook Go work for a centralizedcompany. Mr. Boehnlein has global responsibilities for Finance activities, including Corporate Accounting, Reporting, Tax, Treasury and Internal Audit.Mr. Stryker Company Profile | Management and Employees List - Datanyze Karim joined Convatec in September 2019. Its gonnabe a better outcome. Our brand is very strong at treatingpeople we acquire well and growing thebusinesses that we acquire. Get Contact Info for All Departments. (business & personal). It createsa lot more power. Read our editorial policy to learn more about our process. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. We are driven to make healthcare better for our customers by providing innovative products and services that meet regulatory requirements through our effective quality system. We also learned that with the [number of]deals we do, we need some people who spendall their time on integrations in HR, in operationsand in certain functions in legal andfinance. "The Stryker program is healthy," offers Col. William Venable, Army project manager for the Stryker Brigade Combat Team. 16% of Stryker's management is Hispanic or Latino. We were loudlycriticized and even our own customersdidnt support us initially, but now werecoming up on 800 robots in the market. 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. The questionis, can you make the business model workand the economics work? Kevin was born in India, grew up in Canada, and has lived and worked in four countries and four industries. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. No onesgonna say, [Make] sure that rod is aStryker rod, because theyre under anesthetic. When you buy technology without all thepeople, its easy to integrate. Excerpts of that conversation,edited for clarity and length, follow. Our Code is our compassit empowers us to move forward the right way. You have to listen with one ear to theinvestors. Stryker HR Department | Stryker Human Resources Department - RocketReach 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 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. Group President, MedSurg and Neurotechnology, SpencerStiles William works or has worked as MEMBER at American Institute of Certified Public Accountant. We offer innovative products and services in Medical and Surgical, Neurotechnology, Orthopaedics and Spine that help improve patient and hospital outcomes. This is a profile preview from the PitchBook Platform. 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. Two of our competitors launched newknees three or four years ago, and weretaking market share from them with an olderknee. 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. Dan Bigman is Editor and Chief Content Officer of Chief Executive Group, publishers of Chief Executive, Corporate Board Member. Theyre going to want to know more. If you open the back of an ambulance,the two most expensive items in the back ofthat ambulance are the powered cottheStrykerand the defibrillator. we impact more than Executive Team. The diversity in Stryker employees extends to employee political beliefs. 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. Andtheyre out the door. Our Code of Conduct aligns with our values and is our shared commitment to do whats right for our people, our customers and their patients, our shareholders and our communities. Stryker completes acquisition of Vocera Communications Download. Sure. Vice President, Internal Audit, Alan Douville Vice President, Finance and Treasurer, AndrsCedrn I say the term call point very intentionally because its different than what youll hear other CEOs or companies say. For R&D engineerswho arent leading large teams to have a bitof an ego is okay. last updated: So, someone selling to Stryker knows theiremployees will be taken care of and thatwere gonna grow the business, invest inthe business. Stryker serves an international customer base spanning more than 100 countries, serving healthcare professionals, medical facilities, and specialist equipment and device distributors. 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. We always had a habit of putting in aStryker finance people and a Stryker HRperson, typically. And guess what? I refused to buy back the stock because itsnot a long-term value creator. You may also find the annual proxy statement by going directly to the company's website. Were very tough on holding themaccountable to the metrics of the model. 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. Stryker Executive Team | Comparably Its actuallyvery easy. And Lobo has builta culture capable of repeated success indeal-making. For its 2021 fiscal year, STRYKER CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC. IT Department. But lets go find out., In my years at Stryker as CEO, never once have they said, We dont know. Our businesses always know who they are, they know the owner, we dont like it because its too expensive, or we have intellectual property problems or an internal project that we think is gonna be better than that. Jobs and Careers at Stryker | Stryker Careers During his eight-year tenure, he helped transform Genus into a technology pioneer with leading global franchises in dairy, beef and pork genetics. Vice President, Chief Human Resources Officer, RobFletcher Mako is the brand for roboticin orthopedics. Key Partners. Orthopaedics includes the Company's Reconstructive, Trauma and Extremities . Maintaining independence and editorial freedom is essential to our mission of empowering investor success. And that is hard to find. Peer performance insights compare the companys ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements. If the call point is a nurse, wewrap the products around that OR nurse. People are going to care muchmore. Chief Executive Officer. Executive level jobs | Stryker Careers L So I said, We need to get more aggressiveon M&A. So its been wildlysuccessful, but it wasnt that obvious. Since Kevin Lobo became CEO of medical device company Stryker in 2012, revenues have grown from $8 billion to over $15 billiona phenomenal track record. You also have the option to opt-out of these cookies. {{ userNotificationState.getAlertCount('bell') }}. Vice President, Chief Financial Officer, KatyFink Wevebecome a much more sophisticated marketingcompany, better price discipline,better price management, better segmentationof customers. Tim has led teams to excellent performance over time and has been a champion of growth and talent throughout his career, said Mr. Lobo. Ms. Owen served as Vice President and Advisor to the Chief Executive Officer of Stryker Corporation [NYSE: SYK], from June 2020 to March 2021 and served as Vice President of Strategy and Investor Relations at Stryker from 2007 to 2020, where she was responsible for overseeing the strategic planning and business development processes, as well as investor relations. Get the full list, Youre viewing 5 of 14 subsidiaries. Most of the deals we do are simple tuck-in products, theyre obvious. 2023 PitchBook. 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.
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