---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-217504"
form_type: "8-K"
ticker: "ZBH"
cik: "0001136869"
company_name: "ZIMMER BIOMET HOLDINGS, INC."
filed_at: "2023-08-22T23:59:59+00:00"
generated_at: "2026-06-11T05:20:19.776618+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Zimmer Biomet appoints Ivan Tornos as CEO, Christopher Begley as Chairman; Suketu Upadhyay expands role

## Summary
- Bryan Hanson steps down as Chairman, President & CEO effective Aug 22, 2023; remains advisory through Aug 31.
- Ivan Tornos, former COO, appointed President & CEO; elected to Board.
- Christopher Begley appointed Chairman of the Board (from Lead Independent Director).
- Suketu Upadhyay expands role to CFO & EVP, Finance, Operations & Supply Chain.
- Company reaffirms full-year 2023 financial guidance.

## SEC filing metadata
- accession: 0001193125-23-217504
- form_type: 8-K
- ticker: ZBH
- cik: 0001136869
- company_name: ZIMMER BIOMET HOLDINGS, INC.
- filed_at: 2023-08-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1136869/000119312523217504/0001193125-23-217504-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1136869/000119312523217504/d535846d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-217504
- JSON: https://secwatch.observer/filing/0001193125-23-217504.json
- Plain text: https://secwatch.observer/filing/0001193125-23-217504.txt

## Key facts
- Executive change
  Bryan C. Hanson departed as Chairman of the Board, President and Chief Executive Officer at ZIMMER BIOMET HOLDINGS, INC..
  - Action: stepped down
  - Role: Chairman of the Board, President and Chief Executive Officer
  source text: On August 17, 2023, Bryan C. Hanson notified the Company that he planned to step down as Chairman of the Board, President and Chief Executive Officer of the Company and as a member of the Company’s Board, all effective as of August 22, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1136869/000119312523217504/0001193125-23-217504-index.htm
- Executive change
  Christopher B. Begley was appointed as Chairman of the Board at ZIMMER BIOMET HOLDINGS, INC..
  - Action: appointed
  - Role: Chairman of the Board
  source text: Effective August 22, 2023, the Board appointed Christopher B. Begley, who has been a director of the Company since 2012 and the Lead Independent Director since May 2021, to be the Chairman of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1136869/000119312523217504/0001193125-23-217504-index.htm
- Executive change
  Ivan Tornos was appointed as President and Chief Executive Officer at ZIMMER BIOMET HOLDINGS, INC..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: Effective August 22, 2023, the Board appointed Ivan Tornos the Company’s President and Chief Executive Officer, and elected Mr. Tornos a member of the Board of Directors to fill the vacancy resulting from Mr. Hanson’s departure from the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1136869/000119312523217504/0001193125-23-217504-index.htm
- Executive change
  Ivan Tornos was elected as Member of the Board of Directors at ZIMMER BIOMET HOLDINGS, INC..
  - Action: elected
  - Role: Member of the Board of Directors
  source text: Effective August 22, 2023, the Board appointed Ivan Tornos the Company’s President and Chief Executive Officer, and elected Mr. Tornos a member of the Board of Directors to fill the vacancy resulting from Mr. Hanson’s departure from the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1136869/000119312523217504/0001193125-23-217504-index.htm
- Executive change
  Suketu Upadhyay was appointed as Chief Financial Officer and Executive Vice President – Finance, Operations and Supply Chain at ZIMMER BIOMET HOLDINGS, INC..
  - Action: appointed
  - Role: Chief Financial Officer and Executive Vice President – Finance, Operations and Supply Chain
  source text: Additionally, effective August 22, 2023, Suketu Upadhyay has been appointed to the newly-created position of Chief Financial Officer and Executive Vice President – Finance, Operations and Supply Chain.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1136869/000119312523217504/0001193125-23-217504-index.htm

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