BNET Industries
Market Cap:$20.1B
Last Fiscal Year Sales:$6.7B
- Public
- US
Dow Jones Description
Stryker makes surgery painless. Founded in 1941 and headquartered in Kalamazoo, MI, Stryker Corporation (NYSE: SYK) develops, manufactures, and markets surgical and medical products. The Company's products include drills, saws, rasps, cement mixers, artificial joints, spinal rods and screws, artificial vertebral discs, bone cement, and other orthopedic implants and supplies. Its products are sold in 100 countries through local dealers and direct sales. It recently acquired SpineCore, eTrauma.com, and PlasmaSol.
President & CEO
Stephen P. MacMillanNumber of Employees 17,594
Contact Information
2825 Airview Boulevard
Kalamazoo, Michigan 49002
(269) 385-2600
Peer Companies
NAICS Code Surgical and Medical Instrument Manufacturing: 339112
Recent Events
-
Stryker Corp. says it could repurchase up to $750 million in shares
-
RoundTable Healthcare Partners Announces Sale of Ascent Healthcare Solutions to Stryker Corporation
-
2nd UPDATE: Stryker To Buy Ascent Healthcare For $525 Million
-
Stryker to Acquire Ascent Healthcare Solutions
-
`REALLY A GIANT'Retiring Stryker chairman reflects on the company's phenomenal growth and the likelihood of...
-
Stryker acquiring company, bone-cutting items
-
Stryker Corp. purchases IT firm OtisMed
-
Synergetics Signs Definitive Agreement with Stryker Covering the Omni Ultrasonic Aspirator Product Line
-
WEEK IN REVIEW
-
Stryker Chairman John Brown To Retire; Modifies Dividend Policy - Update
-
MacMillan Named Chairman Of Stryker
-
C-Level Pre-Week Review
-
Nine Companies Increasing Dividends
News & Analysis
Filter by
stryker corp. - All News and Analysis
Synergetics USA, Inc. F1Q10 (Qtr End 10/31/09) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from the line of [Stan Mann – Man Investments] [Stan Mann – Man Investments] I’d like to ask a basic question, it seems to have been totally avoided on the call, we have supposedly a major change in our business...
Stryker: Prospering with Predictable Growth
Chuck Carnevale submits: Background Stryker SYK based in Kalamazoo, Michigan has produced one of the most consistent strings of earnings growth since 1991 of any publicly traded company. Stryker is a leading manufacturer of medical devices, primarily in orthopedics. In 2008 Orthopedic implants for hip, knee, shoulder and spine, as...
Stryker Ups Its Dividend by 50%
David I. Templeton submits: On Friday Stryker Corp. SYK announced the company's dividend payment would be transitioned to a quarterly dividend from an annual one. In order to accommodate this change, SYK will pay a 10 cent fourth quarter dividend for 2009. This will bring total 2009 dividends to...
Stryker indicted
Stryker Corporation learned today that a federal grand jury in the District of Massachusetts has returned an indictment charging Stryker Biotech LLC and certain current and former employees of Stryker Biotech with wire fraud, conspiracy to defraud the U.S. Food and Drug Administration FDA, distribution of a misbranded device and...
Urologix Inc. F1Q10 (Qtr End 30/09/09) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Our first question comes from the line of Ernest Andberg of Felt & Company; please proceed. Shaun Vincent - Feltl & Company Hi everyone this is Shaun Vincent for Ernest Anderg couple of things he wanted to just ask, can you provide any insight...
Lightweight Land Warrior gets second wind
DOD canceled Land Warrior in 2007 The U.S. Army is continuing the resurrection of its Land Warrior program, which was officially canceled by the Defense Department in February 2007. The program provides a package of technological tools for combat personnel, including computers, global positioning systems and radios. The Army awarded a...
Stryker Corporation Q3 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions And your first question comes from the line of David Lewis with Morgan Stanley. Please proceed. David Lewis – Morgan Stanley Good morning. Good afternoon, sorry long day. Steve MacMillan Good afternoon, David. David Lewis – Morgan Stanley Maybe Curt, let me just start with...
Earnings Preview: Stryker Corp.
Stryker Corp. SYK is expected to report Q3 earnings Tuesday, October 20 after the market close, with a conference call scheduled for 4:30 pm ET. Guidance Analysts are looking for EPS of 69c on revenue of $1.62B. The consensus range is 66c-72c for EPS, and $1.58B-$1.66B for revenue, according...
U.S. Army orders more Strykers
STERLING HEIGHTS, Mich., Oct. 12 UPI -- The U.S. Army contracted General Dynamics Land Systems to deliver 352 Stryker eight-wheel-drive combat vehicles. The U.S. Army TACOM Lifecycle Management Command awarded General Dynamics Land Systems with a $647 million contract that builds on a 2000 award. The Stryker combat vehicle has...
Army orders chemical detectors for Stryker
CHARLOTTE, N.C., Oct. 6 UPI -- The U.S. Army ordered chemical agent detectors for its Stryker reconnaissance vehicles from General Dynamics' Armament and Technical Products division. The U.S. Army placed a $16 million order for joint service lightweight standoff chemical agent detector systems, JSLSCAD, for the Stryker, a vehicle deployed...
Those who viewed this also viewed...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Stephen P. MacMillan | President & CEO |
| Bronwen R. Taylor | Chief Compliance Officer |
| Dean H. Bergy | CFO & Vice President |
| David J. Simpson | Executive Vice President |
| Edward B. Lipes | Executive Vice President |
| Jeffrey B. Paulsen | Executive Vice President, Stryker Orthopaedics & Intl |
| Bryant S. Zanko | Vice President, Business Development |
| Christopher F. Homrich | Vice President & Treasurer |
| Curtis E. Hall | General Counsel & Vice President |
| Elizabeth A. Staub | Vice President, Regulatory Affairs & Quality Assurance |
| Eric Lum | Vice President, Tax |
| J. Patrick Anderson | Vice President, Strategy & Communications |
| James E. Kemler | Vice President |
| Jeffrey R. Winter | Vice President, Internal Audit |
| Jud Hoff | Vice President, Regulatory Affairs & Quality Assurance |
| Luciano Cattani | Vice President & Group President, Intl |
| Michael W. Rude | Vice President, HR |
| Stephen Si Johnson | Vice President |
| Thomas R. Winkel | Vice President, Admin & Secretary |
| James B. Praeger | Controller |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| John W. Brown | Chairman |
| Donald M. Engelman | Board of Directors |
| Howard E. Cox | Board of Directors |
| Jerome H. Grossman | Board of Directors |
| John S. Lillard | Board of Directors |
| Ronda E. Stryker | Board of Directors |
| William U. Parfet | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Stryker Corporation | President & CEO | Current |
| Stryker Corporation | Board of Directors | Current |
Bronwen Taylor was named vice president, internal audit and compliance, in November 2007. Ms. Taylor is responsible for the coordination of Stryker’s compliance programs and liability avoidance efforts worldwide. Ms. Taylor joined Stryker in March 2000 as chief financial officer for Stryker South Pacific. She subsequently served as vice president and chief financial officer and as director, operations, of Stryker South Pacific. In September 2005, she was named the Company’s chief compliance officer. Prior to joining Stryker, Ms. Taylor held senior finance positions in financial services and global mining companies in Australia. She started her career as an accountant with Coopers & Lybrand (now PricewaterhouseCoopers) in Australia and held various positions in the Australian and United Kingdom firms of Coopers & Lybrand. Ms. Taylor holds a B.B.A. from the University of Technology, Queensland, Australia, and an M.B.A. from Monash University, Melbourne, Australia. She is also a fellow of the Institute of Chartered Accountants in Australia.
| Organization | Position | Status |
|---|---|---|
| Stryker Corporation | Chief Compliance Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Stryker Corporation | CFO & Vice President | Current |
| Stryker Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Stryker Corporation | Executive Vice President | Current |
Ned Lipes was named executive vice president in September 2003. Mr. Lipes is responsible for advising the Company in the areas of new product and technology acquisitions; legal and intellectual property issues; and maintaining key customer relationships. Mr. Lipes began his career with Stryker in April 1988 as president of Physiotherapy Associates. He went on to serve numerous roles in the Orthopaedics division, including president and vice president, group president. Mr. Lipes holds a B.A. in Administrative Science from Colby College and an M.B.A. from Harvard University.
| Organization | Position | Status |
|---|---|---|
| Stryker Corporation | Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Stryker Corporation | Executive Vice President, Stryker Orthopaedics & Intl | Current |
| Organization | Position | Status |
|---|---|---|
| Stryker Corporation | Vice President, Business Development | Current |
| Organization | Position | Status |
|---|---|---|
| Stryker Corporation | Vice President & Treasurer | Current |
Curtis Hall joined Stryker as its General Counsel in 1994 and was named Vice President and General Counsel in June 2004. Mr. Hall is responsible for leading Stryker’s legal function across the Company. Prior to joining Stryker, Mr. Hall was a partner in the Michigan law firm of Miller, Canfield, Paddock & Stone, an Assistant United States Attorney in Washington, D.C., and an Assistant District Attorney in New York City. Mr. Hall received his law degree from Yale Law School and his undergraduate degree from the University of Virginia.
| Organization | Position | Status |
|---|---|---|
| Stryker Corporation | General Counsel & Vice President | Current |
Beth Staub was named vice president, regulatory affairs and quality assurance, in April 2006. Ms. Staub is responsible for overseeing Stryker’s compliance with worldwide product quality and regulatory requirements, including FDA and other regulatory bodies. Ms. Staub began her career with Stryker in April 1989 and held a number of quality, regulatory and operational positions within the Company’s Orthopaedics division, including manager, quality assurance; team leader for the packaging cell; manufacturing team leader for the external support cell; director of the knee steering team; vice president, quality assurance, regulatory compliance and clinical research; and director of the business process excellence project. She then served as director, regulatory affairs and quality assurance, for the Company from 2005 to 2006. Prior to joining Stryker, Ms. Staub spent six years with Baxter Healthcare in a variety of quality assurance positions. Ms. Staub holds a B.S. in Medical Technology from York College of Pennsylvania.
| Organization | Position | Status |
|---|---|---|
| Stryker Corporation | Vice President, Regulatory Affairs & Quality Assurance | Current |
Eric Lum was named vice president, tax, in March 2001. Mr. Lum is responsible for worldwide corporate income tax matters, including U.S. (federal and international) and non-U.S. income tax planning; compliance and audits; and accounting for income taxes. Mr. Lum began his career with Stryker in April 1987 as tax manager. He subsequently served as director of tax from 1991 to 2001. Prior to joining Stryker, Mr. Lum served as tax manager at Price Waterhouse & Co. (now PricewaterhouseCoopers), where he provided a broad range of tax services to a variety of U.S. and non-U.S. multi-national corporate and individual clients. Mr. Lum holds a B.B.A. in Accounting from Western Michigan University and is a Certified Public Accountant.
| Organization | Position | Status |
|---|---|---|
| Stryker Corporation | Vice President, Tax | Current |
| Organization | Position | Status |
|---|---|---|
| Stryker Corporation | Vice President, Strategy & Communications | Current |
James Kemler was named vice president, group president, Biotech, Osteosynthesis and Development, in January 2008. The leaders of the Biotech and Osteosynthesis divisions and the Development organization report to Mr. Kemler. Mr. Kemler joined Stryker in October 1995 as general manager, Stryker Biotech. He subsequently served as vice president, group president of Biotech, Spine, Osteosynthesis and Development. Prior to joining Stryker, Mr. Kemler served as chief operating officer for Sabratek Corp. He previously held various positions with Baxter International in the U.S. and Germany, including vice president, global marketing/R&D; vice president, global manufacturing; and director, finance. Mr. Kemler holds a B.S. in Engineering from Duke University and an M.B.A. from the Harvard School of Business.
| Organization | Position | Status |
|---|---|---|
| Stryker Corporation | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Stryker Corporation | Vice President, Internal Audit | Current |
| Organization | Position | Status |
|---|---|---|
| Stryker Corporation | Vice President, Regulatory Affairs & Quality Assurance | Current |
| Organization | Position | Status |
|---|---|---|
| Stryker Corporation | Vice President & Group President, Intl | Current |
| Stryker S.A.-European Headquarters | President | Former |
Mike Rude joined Stryker as vice president, human resources, in July 2000. Mr. Rude is responsible for all worldwide human resource activities, including organization and talent management, executive compensation, health and welfare plans, corporate affairs, communications and human resources information systems. Prior to joining Stryker, Mike served as vice president, human resources, for the cardiology division of Boston Scientific. He previously served in various HR generalist and organizational development leadership positions at The Dun & Bradstreet Corporation. Mike started his professional career at Baxter International, where he held various human resources roles at the division, group and corporate level. Mr. Rude holds a B.A. and M.A. in Organizational Communications from the University of Illinois.
| Organization | Position | Status |
|---|---|---|
| Stryker Corporation | Vice President, HR | Current |
Si Johnson was named advisor to the president and chief executive officer in January 2009. Mr. Johnson began his career with Stryker in February 1980. He held various sales and marketing positions until being named general manager of Stryker Instruments in 1992. He then served as president of Stryker Instruments from 1995 to 1999. He was promoted to vice president, group president, MedSurg, in February 2000. Mr. Johnson holds a B.A. from Kalamazoo College and an M.A. from Ohio University.
| Organization | Position | Status |
|---|---|---|
| Stryker Corporation | Vice President | Current |
Vice President and Secretary Tom Winkel was named vice president and secretary in February 2005. Mr. Winkel serves as secretary to the Board of Directors. Mr. Winkel began his career with Stryker in October 1978. He served as assistant controller/secretary until 1979 and then became vice president/controller/secretary in 1980 and held that position for seven years. He was then named vice president, administration. Mr. Winkel also served as vice president and president, Americas Middle East, until 1998, when he was again appointed vice president, administration, which he served as until August 2007. Mr. Winkel holds a B.A. in Finance from Michigan State University Honors College and participated in the Executive Development Program at the University of Michigan.
| Organization | Position | Status |
|---|---|---|
| Stryker Corporation | Vice President, Admin & Secretary | Current |
Jim Praeger was named vice president and controller of the Company in September 2008. Mr. Praeger is responsible for all accounting-related functions, including Sarbanes-Oxley compliance. Mr. Praeger joined Stryker in January 1995 as the corporate accounting manager. He then served six years at the Company’s Medical division as controller and director, finance and information systems and was promoted to corporate controller in 2002. Prior to joining Stryker, Mr. Praeger worked in public accounting for five years as an audit manager for Ernst & Young. Mr. Praeger holds a B.A. in Accounting from Indiana University and is also a Certified Public Accountant.
| Organization | Position | Status |
|---|---|---|
| Stryker Corporation | Controller | Current |
John W. Brown is Chairman of the Board of InHealth. He also currently serves as Chairman of the Board of Stryker Corporation, a position he has held since 1980. Mr. Brown started his distinguished career as an engineer for the Ormet Corporation, an aluminum manufacturer, and then worked for Thiokol Chemical Corporation where he developed rocket propellants. In 1972, Mr. Brown became President of Edward Weck & Company, a subsidiary of Squibb Corporation, a position he held until 1977 when he became President and Chief Executive Officer of Stryker Corporation after the death of Lee Stryker, son of company founder Dr. Homer Stryker. Under Mr. Brown's leadership, Stryker went public in 1977 and steadfastly expanded its product lines. The company grew from $23 million in revenue in 1977 to over $4.9 billion by 2005, and the number of employees increased from 325 to 15,000 during the same period. Mr. Brown is a Director of National City Corporation, Cleveland, Ohio. He is also a Director of the American Business Conference, a coalition of Chief Executive Officers of mid-size, high growth companies. Mr. Brown serves as a governor-appointee on the Michigan Economic Development Committee, is a Board member of Southwest Michigan First, Greater Kalamazoo United Way and the Southwest Michigan Healthcare Coalition.
| Organization | Position | Status |
|---|---|---|
| Inhealth | Chairman of the Board | Current |
| Stryker Bertec Medical, Inc. | Chairman of The Board | Current |
| Stryker Corporation | Chairman | Current |
| Stryker Corporation | Board of Directors | Current |
| Mlt Research Limited | Board of Directors | Current |
| National City Corporation | Director | Current |
| Advanced Medical Technology Association | Director | Current |
| Greater Kalamazoo United Way | Board Member | Current |
| St. Jude Medical, Inc. | Board of Directors | Current |
| American Business Conference | Director | Current |
| Southwest Michigan First | Board of Directors | Current |
| Stryker Bertec Medical, Inc. | Chief Executive Officer | Former |
| Stryker Bertec Medical, Inc. | President | Former |
| Ormet Corporation | Engineer | Former |
| Gen-Probe Inc. | Board of Directors | Former |
| Squibb Corporation | Former | |
| Southwest Michigan First | Chairman, Stryker Corporation | Former |
| Gen-Probe Inc. | Chairman, Stryker Corporation | Former |
| Stryker Bertec Medical, Inc. | Board of Directors | Former |
| Auburn University | Bachelor's Degree In Chemical Engineering | Former |
Dr. Engelman has served as the Eugene Higgins Professor of Molecular Biophysics and Biochemistry at Yale University since 1979, with assignment to Yale College, the graduate school and the medical school. Dr. Engelman is also a trustee of Reed College and has been a member of the National Academy of Science since 1997.
| Organization | Position | Status |
|---|---|---|
| Stryker Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Greylock Partners | Partner | Current |
| In-Q-Tel, Inc. | Board of Trustees | Current |
| Stryker Corporation | Board of Directors | Current |
| CheckFree Corporation | Board of Directors | Former |
| The Boston Globe Newspaper Company | Board of Directors | Former |
| Harvard Business School | Graduate | Former |
| Columbia University Law School | Graduate | Former |
| Princeton University | Graduate | Former |
| Organization | Position | Status |
|---|---|---|
| Stryker Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| KB Partners, LLC | Partner | Current |
| The Children's Home | Trustee | Current |
| Wintrust Financial Corporation | Director | Current |
| The Children's Home | Board of Directors | Current |
| KB Partners, LLC | Board of Directors | Current |
| Stryker Corporation | Board of Directors | Current |
| U.S. Navy | Leafatent | Former |
| Scudder and Company, Inc. | Former | |
| Xavier University | Master of Business Administration Degree In Finance | Former |
| University of Virginia | B.A. Degree In English | Former |
Ms. Stryker is the granddaughter of the founder of Stryker, Homer H. Stryker, M.D., and daughter of the former president of the Company, L. Lee Stryker. Ms. Stryker also serves as vice chair and a director of Greenleaf Trust, a bank, vice chair and trustee of Spelman College and a trustee of Kalamazoo College and the Kalamazoo Community Foundation.
| Organization | Position | Status |
|---|---|---|
| Stryker Corporation | Board of Directors | Current |
Mr. Parfet has served as chairman and chief executive officer of MPI Research, Inc., a drug safety and pharmaceutical development company, since 1999. Mr. Parfet is also a director of Monsanto Company, a provider of agricultural products that improve farm productivity, and Taubman Centers, Inc., a real estate development company.
| Organization | Position | Status |
|---|---|---|
| Stryker Corporation | Board of Directors | Current |
Executive News
-
Stryker declines to back long-term forecast
-
Stryker Backs Away From Long-Term Numbers Amid Turmoil
-
Stryker: Latest FDA Letter Is On Product That Is Off Market
Industry Transcripts by Seeking Alpha
-
Synergetics USA, Inc. F1Q10 (Qtr End 10/31/09) Earnings Call Transcript
on Dec 16, 2009about SURG
-
Cantel Medical Corp. F1Q10 (Qtr End 10/31/09) Earnings Call Transcript
on Dec 09, 2009about CMN
-
The Cooper Companies, Inc. F4Q09 (Qtr End 10/31/09) Earnings Call Transcript
on Dec 08, 2009about COO
-
Medtronic Inc. F2Q10 (Qtr End 10/30/09) Earnings Call Transcript
on Nov 24, 2009about MDT
-
ZOLL Medical Corporation F4Q09 (Qtr End 27/09/09) Earnings Call Transcript
on Nov 11, 2009about ZOLL
