Stryker's (SYK) John Brown Retires as Chairman, MacMilan to Take Over

October 30, 2009 8:48 AM EDT

Stryker Corporation (NYSE: SYK) announced today that after a highly successful and distinguished 32-year career with Stryker Corporation, John W. Brown, has announced his decision to retire as Chairman of the Board and a Director effective December 31, 2009.

Mr. Brown joined the Company as President and Chief Executive Officer in 1977 and served in those positions until 2003. He has been a Director since 1977 and Chairman of the Board since 1981. Under Mr. Brown's leadership, Stryker has become one of the premier medical technology companies in the world.

The Company also announced that Stephen P. MacMillan, Stryker's President and CEO, has been appointed Chairman of the Board, in addition to his current responsibilities, effective January 1, 2010.

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