Medical technology firm Stryker Corp. (SYK) Monday said William Jellison has been appointed as Vice President, Chief Financial Officer, effective April 22. Jellison will report to Kevin Lobo, President and Chief Executive Officer.
In this role, Jellison will have global responsibilities for Stryker's Finance and Information Technology activities, including Corporate Accounting, Reporting, Tax, Treasury and Internal Audit functions.
Dean Bergy, Stryker's Interim CFO and Vice President, Corporate Secretary, will support Jellison in his new role during a transition period through the second quarter. Bergy will remain Vice President, Corporate Secretary.
Prior to joining Stryker, Jellison served Dentsply International, a manufacturer of professional dental products, for 15 years, most recently as the company's Senior Vice President and Chief Financial Officer.
Jellison's experience at Dentsply included an assignment as a Senior Vice President with full P&L responsibilities over several international and domestic operations before returning to the CFO role in 2005.
Before joining Dentsply, he spent 18 years with Donnelly Corp., a publicly traded international automotive parts supplier.
Stryker said Jellison's extensive experience and strong track record would be instrumental in helping drive globalization and cost optimization.
Kevin Lobo said, "Bill's accomplished career in managing the financial activities of growing multinational organizations will complement our leadership team in achieving our strategic goals."
The stock closed at $65 on Friday.
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