|
Quotes & Info
|
| SYK > SEC Filings for SYK > Form 8-K on 3-Aug-2009 | All Recent SEC Filings |
3-Aug-2009
Change in Directors or Principal Officers
At the Board of Directors Meeting of Stryker Corporation (the "Company") held on July 29, 2009, Srikant M. Datar was appointed to the Board of Directors. Dr. Datar was also appointed to serve on the Audit Committee of the Board of Directors.
At the time of his appointment, Dr. Datar was granted an option to purchase 13,330 shares of Common Stock of the Company, with an exercise price of $39 per share, the prior day's closing price, subject to the vesting and other provisions of the Company's form option agreement filed as Exhibit 10(ii) to the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2008. Dr. Datar will also be entitled to the pro-rated portion of the $115,000 fixed annual fee that the Company pays to non-employee directors. In connection with his appointment to the Company's Board of Directors, Dr. Datar also entered into the Company's form of indemnification agreement for directors, a copy of which is filed as Exhibit 10(xiv) to the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2008.
Dr. Datar serves as Senior Associate Dean and Director of Research at the Graduate School of Business Administration of Harvard University. He also holds the Arthur Lowes Dickinson Professorship at Harvard University since joining that organization in 1996. Dr. Datar has previously been a professor at Carnegie Mellon University and at Stanford University. He has also advised and worked with many corporations on consulting and field-based projects on implementation and execution. Dr. Datar is also a director of Novartis AG, ICF International, Inc. and KPIT Cummins Infosystems Limited.
|
|