Stryker CFO Glenn Boehnlein to retire April 1, 2025; Preston Wells promoted as successor

STRYKER CORP

CFO Glenn Boehnlein retires after 22 years; will advise CEO through March 2026 at $800k salary plus $215k bonus.
Preston Wells, currently Group CFO Orthopaedics, promoted to CFO effective April 1, 2025.
Wells's new base salary set at $725k with 85% bonus target; LTI target $3M (40% options, 60% PSUs).
Boehnlein's equity awards governed by existing plans; no new equity grants during advisory period.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Glenn S. Boehnlein

Vice President, Chief Financial Officer

SYK · STRYKER CORP

Effective: 2025-04-01
Successor: Preston W. Wells
Filed: January 28, 2025, 6:59 PM ET

Glenn S. Boehnlein has decided to retire from his role as Vice President, Chief Financial Officer of the Company effective April 1, 2025

Role change

Preston W. Wells

Vice President, Chief Financial Officer

SYK · STRYKER CORP

Effective: 2025-04-01
Filed: January 28, 2025, 6:59 PM ET

Preston W. Wells, who currently serves as Vice President, Group Chief Financial Officer for Orthopaedics, has been promoted to Vice President, Chief Financial Officer of the Company effective April 1, 2025

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Glenn S. Boehnlein departed as Vice President, Chief Financial Officer at STRYKER CORP.

Action: retire
Role: Vice President, Chief Financial Officer

Exact text from the filing

Glenn S. Boehnlein has decided to retire from his role as Vice President, Chief Financial Officer of the Company effective April 1, 2025

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Preston W. Wells changed role as Vice President, Chief Financial Officer at STRYKER CORP.

Action: promoted
Role: Vice President, Chief Financial Officer

Exact text from the filing

Preston W. Wells, who currently serves as Vice President, Group Chief Financial Officer for Orthopaedics, has been promoted to Vice President, Chief Financial Officer of the Company effective April 1, 2025

View on SEC.gov

STRYKER CORP filing history →

Source: SEC EDGAR

accession 0001193125-25-014415

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