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Video: Stryker Announces Resignation of Chairman and CEO

Descripción de Stryker Announces Resignation of Chairman and CEO:

Yesterday the Board of Directors of Stryker (NYSE:SYK) announced that Stephen P. MacMillan has resigned as Chairman, President and CEO for family reasons, effective immediately. Curt Hartman, Vice President and CFO, has been named Interim CEO and William U. Parfet, Lead Independent Director, becomes Non-Executive Chairman. The Board has already started a search for a permanent successor to Mr. MacMillan and will consider both internal and external candidates. Stryker (NYSE:SYK) has potential upside of 12.9% based on a current price of $53.89 and an average consensus analyst price target of $60.85.

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