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Stryker announces the retirement of Glenn S. Boehnlein and the promotion of Preston Wells to Vice President, Chief Financial Officer

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Stryker (NYSE: SYK) announced significant leadership changes as Glenn S. Boehnlein will retire from his position as Vice President, Chief Financial Officer after 22 years with the company. Preston Wells, currently serving as Group CFO for Stryker's Orthopaedics Group, will take over as Vice President, Chief Financial Officer effective April 1, 2025.

Wells brings extensive experience from various finance roles at Stryker, including leadership in Investor Relations, Enterprise Financial Planning & Analysis, and sales finance operations. His current role involves collaboration with Joint Replacement, Trauma & Extremities, Spine, and Digital, Robotics, and Enabling Technologies teams. Before joining Stryker, Wells accumulated 17 years of senior accounting and financial management experience at Dialight and Johnson & Johnson. He holds a bachelor's in accounting from Bucknell University and an MBA in Supply Chain Management from Lehigh University.

Stryker (NYSE: SYK) ha annunciato importanti cambiamenti nella leadership poiché Glenn S. Boehnlein si ritirerà dalla sua posizione di Vice Presidente e Chief Financial Officer dopo 22 anni in azienda. Preston Wells, attualmente CFO del Gruppo Ortopedico di Stryker, assumerà il ruolo di Vice Presidente e Chief Financial Officer a partire dal 1 aprile 2025.

Wells porta con sé un'ampia esperienza da diversi ruoli finanziari in Stryker, tra cui leadership nelle Relazioni con gli Investitori, Pianificazione e Analisi Finanziaria Aziendale e operazioni di finanza vendite. Il suo ruolo attuale comporta la collaborazione con i team di Sostituzione Articolare, Trauma ed Estremità, Colonna Vertebrale, nonché Tecnologie Digitali, Robotiche e Abilitanti. Prima di unirsi a Stryker, Wells ha accumulato 17 anni di esperienza in contabilità senior e gestione finanziaria in Dialight e Johnson & Johnson. Possiede una laurea in contabilità presso la Bucknell University e un MBA in Gestione della Filiera presso la Lehigh University.

Stryker (NYSE: SYK) anunció cambios significativos en el liderazgo, ya que Glenn S. Boehnlein se retirará de su puesto como Vicepresidente y Director Financiero después de 22 años con la empresa. Preston Wells, quien actualmente se desempeña como CFO del Grupo de Ortopedia de Stryker, asumirá el cargo de Vicepresidente y Director Financiero a partir del 1 de abril de 2025.

Wells aporta una amplia experiencia de diversos roles financieros en Stryker, incluyendo liderazgo en Relaciones con Inversores, Planificación y Análisis Financiero Empresarial y operaciones financieras de ventas. Su papel actual implica colaboración con los equipos de Reemplazo de Articulaciones, Trauma y Extremidades, Columna Vertebral, así como Tecnologías Digitales, Robóticas y Habilitadoras. Antes de unirse a Stryker, Wells acumuló 17 años de experiencia en contabilidad senior y gestión financiera en Dialight y Johnson & Johnson. Tiene una licenciatura en contabilidad de la Bucknell University y un MBA en Gestión de la Cadena de Suministro de la Lehigh University.

스트라이커(Stryker) (NYSE: SYK)는 Glennen S. Boehnlein이 22년간의 경영 후 부사장 겸 최고재무책임자(CFO) 직에서 은퇴한다고 발표했습니다. 프레스턴 웰스(Preston Wells)는 현재 스트라이커의 정형외과 그룹 CFO로 활동 중이며, 2025년 4월 1일부로 부사장 겸 CFO로 임명될 예정입니다.

웰스는 투자자 관계, 기업 재무 계획 및 분석, 영업 재무 작업 등 다양한 재무 역할에서의 폭넓은 경험을 가지고 있습니다. 현재 역할은 관절 치환, 외상 및 사지, 척추, 디지털, 로봇 및 지원 기술 팀과의 협업을 포함합니다. 스트라이커에 합류하기 전, 웰스는 다이알라이트(Dialight)와 존슨앤존슨(Johnson & Johnson)에서 17년간 고위 회계 및 재무 관리 경험을 쌓았습니다. 그는 벅넬 대학교(Bucknell University)에서 회계 학사 학위를, 레하이 대학교(Lehigh University)에서 공급망 관리 MBA를 취득했습니다.

Stryker (NYSE: SYK) a annoncé d'importants changements de direction, Glenn S. Boehnlein prenant sa retraite en tant que Vice-Président et Directeur Financier après 22 ans au sein de l'entreprise. Preston Wells, actuellement CFO du Groupe Orthopédique de Stryker, assumera la fonction de Vice-Président et Directeur Financier à compter du 1er avril 2025.

Wells apporte une vaste expérience provenant de divers rôles financiers chez Stryker, y compris des postes de direction dans les Relations Investisseurs, la Planification et l'Analyse Financière Entreprise et les opérations de finance des ventes. Son rôle actuel implique une collaboration avec les équipes de Remplacement Articulaire, Trauma et Extrémités, Colonne Vertébrale, ainsi que Technologies Numériques, Robotique et d'Assistance. Avant de rejoindre Stryker, Wells a cumulé 17 ans d'expérience dans la comptabilité senior et la gestion financière chez Dialight et Johnson & Johnson. Il détient un diplôme de comptabilité de Bucknell University et un MBA en Gestion de la Chaîne d'Approvisionnement de Lehigh University.

Stryker (NYSE: SYK) gab bedeutende Führungswechsel bekannt, da Glenn S. Boehnlein nach 22 Jahren im Unternehmen als Vizepräsident und Chief Financial Officer in den Ruhestand gehen wird. Preston Wells, der derzeit als CFO der Orthopädie-Gruppe von Stryker tätig ist, wird am 1. April 2025 die Rolle des Vizepräsidenten und Chief Financial Officers übernehmen.

Wells bringt umfassende Erfahrungen aus verschiedenen Finanzbereichen bei Stryker mit, einschließlich Führungspositionen in der Investor Relations, Unternehmensfinanzierungsplanung und -analyse sowie Vertriebsfinanzierung. In seiner aktuellen Rolle arbeitet er mit den Teams für Gelenkersatz, Trauma und Extremitäten, Wirbelsäule sowie digitale, robotische und unterstützende Technologien zusammen. Bevor er zu Stryker kam, sammelte Wells 17 Jahre Erfahrung in der höheren Buchhaltung und Finanzmanagement bei Dialight und Johnson & Johnson. Er hat einen Bachelor-Abschluss in Buchhaltung von der Bucknell University und einen MBA in Supply Chain Management von der Lehigh University.

Positive
  • Smooth leadership transition with internal promotion indicates strong succession planning
  • New CFO brings diverse experience across multiple finance roles within Stryker
  • Incoming CFO has significant external experience from major companies like Johnson & Johnson
Negative
  • None.

Portage, Michigan, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Stryker (NYSE: SYK) announced today that Glenn S. Boehnlein will retire from his role as Vice President, Chief Financial Officer. Boehnlein’s decision follows an impressive 22-year career at Stryker. Preston Wells, who currently serves as Group CFO for Stryker’s Orthopaedics Group, will assume the role of Vice President, Chief Financial Officer effective April 1, 2025.

“I want to thank Glenn for his performance drive, strong business partnership, and excellent leadership of the Finance and IT organizations. Glenn is a growth champion who invested in developing talent, including Preston Wells, who has been promoted to Chief Financial Officer,” stated Kevin A. Lobo, Chair and Chief Executive Officer, Stryker. “I am confident in Preston’s ability to help Stryker continue to deliver strong results."

Wells has held various finance roles at Stryker. In his current role, he collaborates with the Joint Replacement, Trauma & Extremities, Spine, and Digital, Robotics, and Enabling Technologies teams to deliver market leading growth, while providing financial and strategic leadership across the Orthopaedics Group. Previously, Wells led Investor Relations, Enterprise Financial Planning & Analysis, and the sales finance and sales operations teams that supported Stryker’s Spine business.

Before Stryker, Wells had 17 years of senior accounting and financial management experience, holding finance leadership roles at Dialight Corporation and Johnson & Johnson. He graduated from Bucknell University with a bachelor's in accounting and earned an MBA in Supply Chain Management from Lehigh University.​​​​​​​

About Stryker

Stryker is a global leader in medical technologies and, together with our customers, we are driven to make healthcare better. We offer innovative products and services in MedSurg, Neurotechnology and Orthopaedics that help improve patient and healthcare outcomes. Alongside our customers around the world, we impact more than 150 million patients annually. More information is available at www.stryker.com.

Contacts

For investor inquiries please contact:
Jason Beach, Vice President, Finance and Investor Relations at 269-385-2600 or jason.beach@stryker.com 

For media inquiries please contact:
Yin Becker, Vice President, Chief Corporate Affairs Officer at 269-385-2600 or yin.becker@stryker.com


FAQ

When will Preston Wells become Stryker's (SYK) new CFO?

Preston Wells will assume the role of Vice President, Chief Financial Officer at Stryker (SYK) effective April 1, 2025.

Who is replacing Glenn Boehnlein as Stryker's (SYK) CFO?

Preston Wells, currently Group CFO for Stryker's Orthopaedics Group, will replace Glenn Boehnlein as Stryker's CFO.

How long did Glenn Boehnlein work at Stryker (SYK)?

Glenn Boehnlein had a 22-year career at Stryker (SYK) before announcing his retirement.

What is Preston Wells' current role at Stryker (SYK)?

Preston Wells currently serves as Group CFO for Stryker's Orthopaedics Group, working with Joint Replacement, Trauma & Extremities, Spine, and Digital, Robotics, and Enabling Technologies teams.

What is Preston Wells' educational background for the new Stryker (SYK) CFO position?

Preston Wells holds a bachelor's degree in accounting from Bucknell University and an MBA in Supply Chain Management from Lehigh University.

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