---
schema_version: "secwatch.filing_event.v1"
accession: "0000310764-21-000123"
form_type: "8-K"
ticker: "SYK"
cik: "0000310764"
company_name: "STRYKER CORP"
filed_at: "2021-08-18T23:59:59+00:00"
generated_at: "2026-06-29T09:21:41.848985+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Stryker announces retirement of President and COO Timothy Scannell, leadership changes

## Summary
- President and COO Timothy J. Scannell to retire on March 31, 2023; will serve as Advisor to CEO from Oct 1, 2021.
- J. Andrew Pierce, Group President MedSurg & Neuro, and Spencer S. Stiles, Group President Ortho & Spine, to assume Scannell's responsibilities.
- Kevin A. Lobo, Chair & CEO, will additionally become President of Stryker effective Oct 1, 2021.
- Scannell entered a letter agreement with base salary of $825,000 and bonus eligibility through retirement.

## SEC filing metadata
- accession: 0000310764-21-000123
- form_type: 8-K
- ticker: SYK
- cik: 0000310764
- company_name: STRYKER CORP
- filed_at: 2021-08-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/310764/000031076421000123/0000310764-21-000123-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/310764/000031076421000123/syk-20210816.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000310764-21-000123
- JSON: https://secwatch.observer/filing/0000310764-21-000123.json
- Plain text: https://secwatch.observer/filing/0000310764-21-000123.txt

## Key facts
- Executive change
  Timothy J. Scannell departed as President and Chief Operating Officer at STRYKER CORP.
  - Action: retire
  - Role: President and Chief Operating Officer
  source text: Timothy J. Scannell, President and Chief Operating Officer of the Company, has notified the Company of his intent to retire on March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/310764/000031076421000123/0000310764-21-000123-index.htm
- Executive change
  Kevin A. Lobo was appointed as President at STRYKER CORP.
  - Action: appointed
  - Role: President
  source text: Effective October 1, 2021, Kevin A. Lobo, the Chair and Chief Executive Officer of the Company, will also become President of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/310764/000031076421000123/0000310764-21-000123-index.htm
- Executive change
  Timothy J. Scannell changed role as Advisor to the Chief Executive Officer at STRYKER CORP.
  - Action: transitioned
  - Role: Advisor to the Chief Executive Officer
  source text: Effective October 1, 2021, Mr. Scannell will transition from his current role of President and Chief Operating Officer to the position of Advisor to the Chief Executive Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/310764/000031076421000123/0000310764-21-000123-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.