secwatch.observer — SEC 8-K summary
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Issuer:     STRYKER CORP (SYK)
CIK:        0000310764
Form:       8-K
Filed at:   2025-01-28T23:59:59+00:00
Accession:  0001193125-25-014415
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/310764/000119312525014415/0001193125-25-014415-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/310764/000119312525014415/d919971d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-014415

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer