Stryker Corporation (SYK)

About Stryker Corporation (SYK)

Company Description:

 

Stryker Corporation specializes in the development and provision of medical devices and equipment. With innovation at its core, Stryker's operations encompass a wide range of medical technologies, including orthopaedic implants, surgical equipment, and neurotechnology products.

The company was founded by Dr. Homer Stryker, an orthopaedic surgeon from Kalamazoo, Michigan, in 1941. Stryker Corporation has grown into a global leader in medical technology, with its headquarters located in Kalamazoo, Michigan, USA.

 

Main Product(s):

 

Stryker's product range spans several categories, with a strong focus on orthopaedics (such as joint replacements and trauma surgeries), medical and surgical equipment (including surgical navigation systems and endoscopic and communications systems), neurotechnology, and spine products.

 

Short History of Stryker Corporation:

 

  • 1941 – Founded by Dr. Homer Stryker in Kalamazoo, Michigan.
  • 1979 – Stryker went public.
  • 2000s – Expanded its portfolio through multiple acquisitions in various medical technology sectors.
  • 2013 – Significant growth in the neurotechnology and spine product segments.
  • 2021 – Acquired Wright Medical, enhancing its extremities and biologics business.

Key Executives:

NameTitlePayExercisedYear Born
Mr. Kevin A. LoboChairman, CEO & President3.31M33.14M1965
Mr. Glenn S. BoehnleinVP & CFO1.43MN/A1962
Mr. Viju S. MenonGroup President of Global Quality & Operations1.05MN/A1968
Mr. J. Andrew PierceGroup President of MedSurg & Neurotechnology1.32MN/A1974
Mr. Spencer S. StilesGroup President of Orthopaedics & Spine1.28M2.13M1977
Mr. William E. Berry Jr.VP & Chief Accounting OfficerN/AN/A1966
Mr. Robert C. CohenCTO and VP of Global R&D - Joint ReplacementN/AN/AN/A
Mr. Alan DouvilleVP, Chief Information Officer & Chief Information Security OfficerN/AN/AN/A
Mr. Jason BeachVice President of Investor RelationsN/AN/AN/A
Mr. Robert S. FletcherVP & Chief Legal Officer895.89kN/A1971

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