Tuesday, Zimmer Biomet Holdings, Inc. (ZBH) announced that Suketu Upadhyay will step down from the position of Chief Financial Officer and Executive Vice President, Finance, Operations and Supply Chain, to pursue a new professional opportunity, effective April 28, 2026.
Following this, the company has appointed Paul Stellato, currently Controller and Chief Accounting Officer, as interim CFO.
The company has initiated an internal and external search to identify a permanent successor.
"We are confident Paul is the right leader to provide continuity and steady direction during this transition, as we continue to execute our strategy and deliver on our commitments," said CEO Ivan Tornos.
In the pre-market hours, ZBH is trading at $90.00, down 2.84 percent on the New York Stock Exchange.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.