KALAMAZOO, Mich., Dec 10, 2004 /PRNewswire-FirstCall via COMTEX/ -- Stryker Corporation
(NYSE: SYK) announced today that the Board of Directors has appointed Stephen
P. MacMillan as President and Chief Executive Officer of Stryker, effective
January 1, 2005. In addition, the Board of Directors elected Mr. MacMillan to
a newly-created position on the Board, effective January 1, 2005. John W.
Brown, who has previously served as Chairman and Chief Executive Officer of
Stryker, will retain the position of Chairman of the Board, effective January
1, 2005.
Mr. MacMillan joined Stryker in June 2003 as President and Chief Operating
Officer. Before that, he was Sector Vice President, Global Specialty
Operations for Pharmacia Corporation, which he joined in 1999. Prior to his
tenure with Pharmacia, Mr. MacMillan spent 11 years at Johnson & Johnson, in
both the United States and Europe, most recently as President of Johnson &
Johnson-Merck Consumer Pharmaceuticals. He holds a Bachelor of Arts in
Economics from Davidson College and is a graduate of the Harvard Business
School Advanced Management Program.
Mr. Brown noted that Mr. MacMillan's appointment continues the succession
plan he initiated when Mr. MacMillan was hired, adding "This transition has
been very smooth. Steve has been well accepted at Stryker and we are
confident that he is the right leader to take the Company forward."
Stryker Corporation is a leader in the worldwide orthopaedic market and is
one of the world's largest medical device companies. Stryker delivers results
through a wide range of capabilities including joint replacements, trauma,
spine and micro implant systems, orthobiologics, powered surgical instruments,
surgical navigation systems and endoscopic products as well as patient
handling and emergency medical equipment. Stryker also provides outpatient
physical therapy services in the United States.
SOURCE Stryker Corporation
Dean H. Bergy, Vice President, Chief Financial Officer and
Secretary of Stryker Corporation, +1-269-385-2600
http://www.stryker.com