STRYKER CORP

Key facts

How the CEO left

Resignation

Planned or abrupt

Planned

Successor

Internal (a current executive)

Outgoing CEO stays as

Chair

Signs it was forced

None stated

Other news alongside

None

Effective

1 January 2027

Reason given

part of a planned succession process

Read from the filing and press release by a language model (Google Gemini), told to use only that text. It can make mistakes; the quotes below are the source.

The announcement

Stryker Corporation (the “Company”) announced on October 6, 2026 that Kevin A. Lobo will resign from his role as Chief Executive Officer (“CEO”) of the Company on December 31, 2026 and transition to the role of Executive Chair of the Board of Directors of the Company (the “Board”), effective January 1, 2027 (the “CEO Transition”) and that Spencer S. Stiles, who currently serves as President and Chief Operating Officer of the Company, has been appointed CEO of the Company, effective January 1, 2027.

In connection with Mr. Stiles’s appointment as CEO, the Board also increased the size of the Board from 10 to 11 and appointed Mr. Stiles to serve as a member of the Board, effective January 1, 2027.

Sentences matched by our CEO change rules, from the first filing. Read the 8-K on SEC EDGAR ↗

News coverage

No matching headlines found. Coverage is thinner for smaller companies.