Stryker names Spencer Stiles CEO as Kevin Lobo becomes executive chair
Filed with the SEC on · Summarized by InvestorsBot
Stryker said Kevin Lobo will transition to executive chair of the board and current President and COO Spencer Stiles will become CEO and join the board, effective January 1, 2027. Lobo served as CEO for 14 years, during which annual sales grew from $8.7 billion in 2012 to more than $26 billion in 2026 and Stryker completed more than 60 acquisitions; Stiles has worked at Stryker for nearly three decades and has led its $25 billion-plus portfolio since becoming COO in January 2026.