Stryker appoints Spencer Stiles as President and COO; Crotty promoted to Group President Orthopaedics

STRYKER CORP

Spencer Stiles appointed President & COO effective Jan 1, 2026; will lead global businesses, strategy, and M&A.
Dylan Crotty promoted to Group President, Orthopaedics, succeeding Stiles, effective same date.
Stiles' base salary increased to $1,000,000; LTIP target value ~$6,000,000 (40% options, 60% PSUs).
Crotty's base salary increased to $700,000; LTIP target value ~$3,000,000 (same equity mix).
Both are 27-year Stryker veterans; no family relationships or material transactions per filing.

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