Zimmer Biomet appoints Paul Stellato as VP, Controller and CAO

ZIMMER BIOMET HOLDINGS, INC.

Paul Stellato named Vice President, Controller and Chief Accounting Officer effective May 16, 2022.
Stellato previously served as VP Finance, Global Business Services at Xylem Inc.
Compensation includes $375k base salary, 60% target bonus, $100k sign-on bonus, and equity awards.
Sign-on equity of ~$440k (50% options, 50% RSUs) vests over three years; LTIP award of ~$400k in 2023.
Derek Davis returns to prior VP Finance Integration role after serving as interim CAO.

item 5.02 item 7.01 item 9.01

Executive movements

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Role change

Derek Davis

Vice President, Finance Integration

ZBH · ZIMMER BIOMET HOLDINGS, INC.

Effective: 2022-05-16
Filed: May 16, 2022, 7:59 PM ET

Derek Davis, who served as the Company’s Interim Controller and Chief Accounting Officer and had assumed the responsibilities of the Company’s principal accounting officer during the search process that led to Mr. Stellato’s hiring, will continue in his role as the Company’s Vice President, Finance Integration.

Appointed

Paul Stellato

Vice President, Controller and Chief Accounting Officer

ZBH · ZIMMER BIOMET HOLDINGS, INC.

Effective: 2022-05-16
Filed: May 16, 2022, 7:59 PM ET

Paul Stellato has been appointed Vice President, Controller and Chief Accounting Officer of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Derek Davis changed role as Vice President, Finance Integration at ZIMMER BIOMET HOLDINGS, INC..

Action: continue
Role: Vice President, Finance Integration

Exact text from the filing

Derek Davis, who served as the Company’s Interim Controller and Chief Accounting Officer and had assumed the responsibilities of the Company’s principal accounting officer during the search process that led to Mr. Stellato’s hiring, will continue in his role as the Company’s Vice President, Finance Integration.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Paul Stellato was appointed as Vice President, Controller and Chief Accounting Officer at ZIMMER BIOMET HOLDINGS, INC..

Action: appointed
Role: Vice President, Controller and Chief Accounting Officer

Exact text from the filing

Paul Stellato has been appointed Vice President, Controller and Chief Accounting Officer of the Company.

View on SEC.gov

ZIMMER BIOMET HOLDINGS, INC. filing history →

Source: SEC EDGAR

accession 0001193125-22-150863

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