stryker executive team

Theyre disciplined. 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. 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. 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. When you buy technology without all thepeople, its easy to integrate. Give it to us. We wish Tim and his family the very best in his retirement., Caution Concerning F Stryker employs 38,134 employees. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. You have to have high humility. Webmaster| Privacy Policy and Knee replacement is a great example. Wevebecome a much more sophisticated marketingcompany, better price discipline,better price management, better segmentationof customers. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. Its an EMTproduct, not a heart product. Mako is the brand for roboticin orthopedics. Itwont work. Yeah. Weve had great success with men andwomen coming out of the military. Our process is not efficient. Its a structural advantage. 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. Andtheyre out the door. VP, Chief Information Officer & Chief Information Security Officer. Looking for a particular Stryker employee's phone or email? But opting out of some of these cookies may have an effect on your browsing experience. . If the call point is a neurosurgeon, how dowe bring everything we can to the neurosurgeon? It is an undeniable trendin the future. Were very tough on holding themaccountable to the metrics of the model. Rob attended Boston College Law School between 1993 and 1996 and The Ohio State University between 1988 and 1992. 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). So, someone selling to Stryker knows theiremployees will be taken care of and thatwere gonna grow the business, invest inthe business. Absolutely. Executive Summary. 4.5yrs. Effective March 31, Hutchinson joined Stryker's executive leadership team and expanded his role to include Corporate Compliance and the Corporate Secretary function, the company stated. 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. Stryker Management. Were the fastest-growingimplant company in the market, have beenfor the last four or five years. Prior to that, he was a partner and certified public accountant at Arthur Andersen. free lookups / month. Orthopaedics includes the Company's Reconstructive, Trauma and Extremities . 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. When a hospitalcustomer is thinking, Who shouldI be partnering with for neurosurgery ororthopedic surgery? We want to be the obviouschoice. These products and services are usually sold through license agreements or subscriptions. 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. Were good at growing. Its the first time in the historyof orthopedics that the oldest knee is thefastest-growing knee. Most of the products we sell are acuteintervention products. Search over 700 November 4, 1894 United States. Stryker is one of the world's leading medical technology companies and, together with our customers, we are driven to make healthcare better. Learn more atchiefexecutivegroup.com. All these deals, frankly, havejust strengthened our category position justas much as a new product would. Littlethings like that really helped. But it will accelerate, and were alreadytalking to our teams about how we starttelling our story. 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. Chief Executive recently had the opportunityto talk with Lobo about his approach todeal-making. 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. NowI just put another product in their bag,focused on the call point. Stryker serves an international customer base spanning more than 100 countries, serving healthcare professionals, medical facilities, and specialist equipment and device distributors. When I became CEO, Stryker was a very sporadic acquirer. 10% of the management team is Black or African American. Necessary cookies are absolutely essential for the website to function properly. CEO. Our brand is very strong at treatingpeople we acquire well and growing thebusinesses that we acquire. IT Department. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. Stryker excels at identifying emerging opportunitiesacross a broad spectrum of medtech categories. Average management tenure. 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. This story first appeared as the cover story of the March/April 2020 issue of Chief Executive. Stryker remains one of the three largest competitors in reconstructive orthopedic implants and holds the leadership position in operating room equipment. Duis aute irure dolor in reprehenderit in, Youre viewing 5 of 41 competitors. Vice President, Chief Human Resources Officer, RobFletcher 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. 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. He is the current chair of AdvaMed (Med-Tech trade association) and is a member of the Business Roundtable and Business Council. By call point. But thats howit works. Weve had to tweak our model. Initially, we were buying products. He received his bachelors and masters degrees in accounting from Mississippi State University. But people thatwho dont have that high humility, low ego,they get chewed up and spit out really fast. I killedthe metric because its a useless metricfor some of our businesses. The Program Executive Office for Ground Combat Systems - Stryker Brigade Combat Team, won both the Secretary of the Army and Secretary of Defense team awards for Environmental Excellence in . Stryker is 34% female and 66% male company-wide. I have customer focus, I have innovation, Ihave globalization, and then cost transformation. Frankly, investors thought it was inefficient. 269-385-2600. Everyonein the center at Stryker is at the surface ofthe divisions, theyre the center of gravityof our company. Theyre asleep. Learn about Stryker Corporation (SYK) stock's management team. Every company has their ownmagic, and thats ours. If you open the back of an ambulance,the two most expensive items in the back ofthat ambulance are the powered cottheStrykerand the defibrillator. I refused. 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?. So we think of things in terms of callpoint. Alan received an MBA and a bachelors degree in electrical engineering from the University of Maine. 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. Download. Preston Wells, Vice President, Investor Relations at 269-385-2600 or preston.wells@stryker.com, For media inquiries please contact: The Stryker management team includes Kevin Lobo (Chair and CEO), Dylan Crotty (President, Instruments), and Timothy Scannell (Board Member) . Develop, Deliver and Sustain the Army's Premier Wheeled Combat Vehicles to Sustain our Soldiers' Combat Advantage. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Stryker is one of the worlds leading medical technology companies and, together with our customers, we are driven to make healthcare better. This is a profile preview from the PitchBook Platform. 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? Get the full list, Morningstar Institutional Equity Research, Gear mechanisms for fixation frame struts, Systems and methods for airway management. WhatIve learned is you need to rip the Band-Aidoff quickly. Theycare about the legacy. Enter employee name to find & verify emails, phones, social links, etc. So it is irrelevant for certain portions ofour business. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. But its a great question. I align the business strategize and . All proxy statements are public filings made available to the general public by the SEC. Leadership team Kevin Lobo Chair and CEO Meet Kevin Yin Becker Vice President, Chief Corporate Affairs Officer Meet Yin Glenn Boehnlein Vice President, Chief Financial Officer This website uses cookies to improve your experience while you navigate through the website. Get the full list, Youre viewing 5 of 14 subsidiaries. Theres always thenext deal coming. Were not involved. And we had this balance sheet that was very strong. 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. Thats the way were structured. Kalamazoo, MI 49002 We screen forhumility. patients annually. Thats exactly right. We created a common curriculum,a common language around what wecall big-picture marketing training. In our mission statement, it said, Togetherwith our customers, we are driven tomake healthcare better. We are driven,those words were very, very thoughtfullychosen. Now, investors are like, Why are you wasting your money? The Stryker management team includes Kevin Lobo (Chair and Chief Executive Officer), Dylan Crotty (President, Instruments), and Timothy Scannell (Board Member) . Ask him how he's done itas we did at our recent Healthcare CEO Summitand the answer is . See insights on Stryker including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Search, find and apply to job opportunities at Stryker, one of the world's leading medical technology companies. If I give an order to a division presidentand they dont think its good for thecustomer, they are free to disagree withit and disobey itno problem. 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. (business & personal). The example Ill give you is when we bought Physio-Control, which is the defibrillator company, which Medtronic used to own and sold because it was not a good performing business. Vice President, Investor Relations, BillBerry Go work for a centralizedcompany. Get Contact Info for All Departments. 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. Itsvery entrepreneurial that way. - Optimizing current cleaning and packaging capabilities of the Stryker Mahwah location. Were in its infancy right now. It would do one or two deals a year, maybe. People are going to care muchmore. Comprehensive performance, salary and tenure analysis for the CEO, board and leadership team. Senior Division IP Counsel, Director, Business Development (Mergers & Acquisitions), Vice President and Senior Division Counsel - Spine. Our team helps the organization achieve success by providing the right product to the right customer at the right time. So, the orthopedics groups decidednot to invest in that. Terms of Service apply. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. A lower score indicates better sustainability, Exposure refers to the extent to which a company is exposed to different material ESG issues, Management is related to actions taken to manage ESG issues. We are a growing and evolving organization focused on achieving our mission of making healthcare better. symbol for our common stock traded on the New York Stock Exchange. I took a lot of heat fromthat. STRYKER CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Fine, you can keep your name. Nearly one fourth of Stryker's total revenue currently comes from outside the United States. View all jobs in Redmond at Stryker. Work At Stryker? That wasnt the case sixyears ago. Vice President, Chief Compliance Officer, Jody Powell Its a trait that we look for. Kevin was born in India, grew up in Canada, and has lived and worked in four countries and four industries. Get the full list Dan Bigman is Editor and Chief Content Officer of Chief Executive Group, publishers of Chief Executive, Corporate Board Member. Stryker may also be known as or be related to Stryker and Stryker Corporation. Verify your identity, personalize the content you receive, or create and administer your account. 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 Corporate Affairs Officer, GlennBoehnlein All theother business development people28 peoplesit in each of ourdivisions.. Prior to this, Karim worked for over 15 . Privacy Policy| 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. Its an umbrella. They sit in the same building. 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 CEO and key executive team Stryker's Chair and CEO is Kevin A. Lobo. We were not great at it early. 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. Let me start with whats not changing. Stryker's key executives include Kevin A. Lobo and 27 others. A team of dedicated professionals delivering reliable world-class wheeled combat vehicles to the Warfighter. 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. I have to sell the divisions onwhy they should do anything. Develop and improve features of our offerings. To explore Strykers full profile, request access. Stryker is a leading medical technology company with over 40,000 employees. Vice President, Chief Financial Officer, KatyFink Here are further demographic highlights of the leadership team: The Stryker executive team is 40% female and 60% male. Our knee business, we havethe oldest knee on the market. Stryker is one of the worlds leading medical technology companies and, together with its customers, is driven to make healthcare better. 130M Vice President, Corporate Secretary, IreneCorbe And if we pass onsomething, they know that they can comeback the next week with another deal. Get the full list, Youre viewing 5 of 13 board members. You buy thetechnology, and you stick it into your ownR&D team. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. Get the full list, Youre viewing 5 of 80 investments and acquisitions. Philip M. Lister. William works or has worked as MEMBER at American Institute of Certified Public Accountant. Copyright 2023 Morningstar, Inc. All rights reserved. What I say is that people in the corporatecenters of Stryker or shared services, includingme, are in the sell business, not thetell business. The staff at Stryker come from unusually diverse demographic backgrounds. Get the full list, To view Strykers complete esg history, request access, Youre viewing 5 of 7 exits. YinBecker Even my customers were very upset, it was a disruptive idea. It was my first big deal as CEO. You can sign up for additional alert options at any time. How does that play out on the ground? we impact more than Executive Vice President and Chief Financial Officer. Download. And iftheyre missing their numbers, they feel thepain. The result? The more you do, you getbetter at it, you build muscle, you buildknow-how. Wehave a common playbook. This was very disruptive. {{ userNotificationState.getAlertCount('bell') }}. They usually have distributors,so you get rid of the distributors. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. Vice President, Chief Accounting Officer, JeanneBlondia It gives them a lot of motivation. The employee data is based on information from people who have self-reported their past or current employments at Stryker. In 2016, Stryker acquired Physio-Control International Inc., which provides heathcare products, data management and support services. Mr. Boehnlein has global responsibilities for Finance activities, including Corporate Accounting, Reporting, Tax, Treasury and Internal Audit.Mr. 16% of Stryker management is Hispanic or Latino. I would call andsay, Whats this company theyre buying?[Theyd say], We dont know who they are. We use that term very intentionally. Medical Devices & Equipment, Manufacturing, 2825 Airview Blvd, Kalamazoo, Michigan, 49002, United States. You may also find the annual proxy statement by going directly to the company's website. Definitely. Streamline Healthcare Solutions, LLC Jobs Near Me, Electrical Engineer Internship jobs at Stryker, Information Technology Internship jobs at Stryker, Manager/Finance Accounting jobs at Stryker, Senior Quality Assurance Engineer jobs at Stryker. Its coming. You guys wanna dress this way or whateverdo this, thats fine.. None of the information on this page has been provided or approved by Stryker. This information is available in the PitchBook Platform. We may use it to: To learn more about how we handle and protect your data, visit our privacy center. CEO Kevin Lobo shares a detailed breakdown of how they do it. 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,. 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. Personalize which data points you want to see and create visualizations instantly. View supply chain jobs at Stryker. Rob Fletcher is a Chief Legal Officer at Stryker and is based in Greater Boston. 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. Vice President, Chief Legal Officer, VijuMenon 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. They have to convince themselves theycan make the numbers work, because onething we are is very tough on the dealmodel. I wanna use the money foracquisitions. Shareholders were screamingat me, they wanted me to buy back stock. Twothings happen: When the board goes to thevisit, I dont have to ask them to put theStryker signage up. Vice President, Internal Audit, Alan Douville That things been growing doubledigits for us since we bought it. Why? Tim has led teams to excellent performance over time and has been a champion of growth and talent throughout his career, said Mr. Lobo. These cookies will be stored in your browser only with your consent. Vice President, Chief Information Officer and Chief Information Security Officer, Dana McMahon Up to 5 "It's a good time to be in the Stryker business. 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. Wedont do that anymore. 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 have a divisionthats laser-focused on that call point. Read our editorial policy to learn more about our process. For investor inquiries please contact: High drive, low ego is rare. Team Leader Analyst Developer, Senior Project NJIT (Former Employee) - Mahwah, NJ - April 27, 2014. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. At Stryker, we promise to treat your data with respect and will not share your information with any third party. David Stryker. We spend 6.5 percent of our revenue on R&D but dont have anycentral R&D at all, he says. 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. Kalamazoo, Michigan - November 8, 2012 - Stryker Corporation (NYSE:SYK) announced today the appointment of David K. Floyd to the role of Group President, Orthopaedics, effective November 15, 2012. Thats something that Stryker used to track. 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. Download. 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. 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. We have a high-performance team of diverse and talented leaders that live our mission and values. Win whats next. Kevin Lobo (57 yo) 10.33yrs. Oct 2021 - Jan 20231 year 4 months. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui off, si ut aliquip ex ea commodo consequat. Lorem ipsum dolor sit, amet consectetur adipisicing elit.