Alan is a Certified Information Systems Security Professional (CISSP).Alan joined Stryker in January 2015, from Whirlpool Corporation where he served as VP, global IS operations and security, as well as the CIO of North America. We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. I align the business strategize and . symbol for our common stock traded on the New York Stock Exchange. Group President, Orthopaedics and Spine, JasonBeach Stryker has 43,000 employees, of which 52 are in a leadership position. 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. So when customers are changing, we seethings early. We are a growing and evolving organization focused on achieving our mission of making healthcare better. In our mission statement, it said, Togetherwith our customers, we are driven tomake healthcare better. We are driven,those words were very, very thoughtfullychosen. Mako is the brand for roboticin orthopedics. 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. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Frankly, its just as powerful inside the companyas it is with our customers. I would call andsay, Whats this company theyre buying?[Theyd say], We dont know who they are. 10% of the management team is Black or African American. Executive Compensation in Private Companies Report, Flex Focuses On Autonomation For Best Returns From Digitalizing, AP Automation: Medicine For A Looming Recession. Fine, you can keep your name. He received his bachelors and masters degrees in accounting from Mississippi State University. Were the fastest-growingimplant company in the market, have beenfor the last four or five years. Yin Becker, Vice President, Chief Corporate Affairs Officer at 269-385-2600 or yin.becker@stryker.com, Jason Beach November 4, 1894 We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. The simplest way of describing it is customerfocus, that first pillar of the strategy. If itlooks interesting, they call the BD people in. But theyre not asking anybody at corporate. This report is not for commercial use. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Kevin Lobo (57 yo) 10.33yrs. William works or has worked as MEMBER at American Institute of Certified Public Accountant. If you choose to logout it will log you out from all the applications. Stryker is one of the worlds leading medical technology companies and, together with our customers, we are driven to make healthcare better. 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. Find your B2B customer within minutes using affordable, accurate contact data from Datanyze, Stryker headquarters are located in 2825 Airview Blvd, Kalamazoo, Michigan, 49002, United States, Strykers main industries are: Medical Devices & Equipment, Manufacturing, Stryker appears in search results as Stryker, stryker Corp, Stryker Orthopaedics, Microsoft Windows Presentation Foundation (WPF), SAP Business Planning and Consolidation (BPC). 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. The staff at Stryker come from unusually diverse demographic backgrounds. Get the full list, Youre viewing 5 of 80 investments and acquisitions. If R&D says no, they say, Well, lets govisit them. Then they get on a plane. Every company has their ownmagic, and thats ours. You cant listen with both ears. we impact more than And so those are things were starting todo even getting, you know, more patient advocacy. The acquisitional tear shows no sign ofabating. They want to know,Hey, is it being done with robotic surgery,and whats the implant?. orward- Get the full list Its justbought versus made.. Looking for a particular Stryker employee's phone or email? For R&D engineerswho arent leading large teams to have a bitof an ego is okay. That things been growing doubledigits for us since we bought it. Looking for a particular Stryker employee's phone or email? If you experience any issues with this process, please contact us for further assistance. 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. Mon, 07-Nov-2022 8:18. Executive Team. View all jobs in Redmond at Stryker. Get the full list, Morningstar Institutional Equity Research, Gear mechanisms for fixation frame struts, Systems and methods for airway management. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. M attended Kenyon College and Rutgers University School of Management. And Lobo has builta culture capable of repeated success indeal-making. When a hospitalcustomer is thinking, Who shouldI be partnering with for neurosurgery ororthopedic surgery? We want to be the obviouschoice. Whatever deal model they put together,it doesnt go on a shelf, it goes into theirbonus plan for the next two years. We used to be way too nice tothese companies. People are going to care muchmore. They know the board ofdirectors is coming so they do it themselves. Mr. Scannell began his career with Strykers Endoscopy business in 1990 where he served in sales and marketing leadership roles before progressing to roles of greater responsibility, culminating in his appointment to President and Chief Operating Officer in 2018. White is the most common ethnicity company-wide. We created amarketing council, which was voluntary,every division could send whoever theywanted. Vice President, Chief Legal Officer, VijuMenon We try allkinds of crazy things inside the call points. Its coming. Stryker Management. 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. If youregonna be put in as division president, youbetter be spending a good percentage ofyour time looking at deals. If theyre a really good innovativecompany, the last thing I want to do iskill their innovation. Stryker employs 43,000 employees. The Stryker management team includes Kevin Lobo (Chair and CEO), Dylan Crotty (President, Instruments), and Timothy Scannell (Board Member) . Its actuallyvery easy. We started doingacquisitions. This category only includes cookies that ensures basic functionalities and security features of the website. Duis aute irure dolor in reprehenderit in, Youre viewing 5 of 41 competitors. 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. They have to convince themselves theycan make the numbers work, because onething we are is very tough on the dealmodel. Sign up for a free account. I say the term call point very intentionally because its different than what youll hear other CEOs or companies say. Stryker's key executives include Kevin A. Lobo and 27 others. Average management tenure. If you dont have the patienceand the fortitude to sell something, go worksomewhere else. Enterprise. STRYKER CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Gear advertisements and other marketing efforts towards your interests. We use that term very intentionally. Here are further demographic highlights of the leadership team: The Stryker executive team is 40% female and 60% male. Get the full list, To view Strykers complete esg history, request access, Youre viewing 5 of 7 exits. How do we become indispensableto them? The questionis, can you make the business model workand the economics work? So, if someone outbids us,well lose the deal if they outbid us by a lot. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. "It's a good time to be in the Stryker business. Stryker is 34% female and 66% male company-wide. - Designing a more efficient method of performing the procedures. Get contact details including emails and phone numbers free lookups / month. The company is 33.7% female and 44.1% ethnic minorities. Basically, within ayear, we want all the signage to be Stryker. Stryker has 43,000 employees, of which 52 are in a leadership position. In 2016, Stryker acquired Physio-Control International Inc., which provides heathcare products, data management and support services. You have to listen with one ear to theinvestors. Stryker has 5 employees across 55 locations and $18.45 b in annual revenue in FY 2022. Its a need that we have, we fill the gap. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. . It was my first big deal as CEO. This was very disruptive. Littlethings like that really helped. 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. 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 may use it to: To learn more about how we handle and protect your data, visit our privacy center. Its a structural advantage. We have a knee calledTriathlon, we have the Big Wheel bed. Our process is not efficient. The product portfolio includes hip and knee replacements, endoscopy systems, operating room equipment, embolic coils, hospital beds and gurneys, and spinal devices. 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. Thats exactly right. For investor inquiries please contact: These cookies will be stored in your browser only with your consent. 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 He studied at Eastern Michigan University between 1983 and 1987 and American Society of Heating Refrigerating & A-C Engineers. Get Contact Info for All Departments. Stryker is one of the worlds leading medical technology companies and, together with its customers, is driven to make healthcare better. 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. How we use your information depends on the product and service that you use and your relationship with us. You can sign up for additional alert options at any time. But now were startingto see in certain organizations, lets put ina Stryker sales leader. By call point. 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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