Healthcare Industry News:  joint replacement 

Devices Personnel

 News Release - February 15, 2007

Stryker Announces New Corporate Officer Appointment

KALAMAZOO, Mich., Feb. 15 (HSMN NewsFeed) -- Stryker Corporation (NYSE: SYK ) announced that Katherine A. Owen will join the Company in the newly created position of Vice President, Strategy and Investor Relations.

In this role, Ms. Owen will be responsible for leading Stryker's strategic planning process, overseeing the Business Development function and driving strong alignment between the Company's mid- and long-term strategies and its external business development plans. Additionally, she will have responsibility for day-to-day Investor Relations activities.

Prior to joining Stryker, Ms. Owen enjoyed a successful career at Merrill Lynch, serving for eight years as their medical technologies Equity Analyst. Before joining Merrill Lynch, Ms. Owen was an analyst in Cowen & Company's medical technologies group for three years. She has also held meaningful roles at both State Street Bank and Chubb Insurance. Ms. Owen holds a Bachelor of Arts degree in Economics from the University of Massachusetts and an MBA from Boston College.

Stephen P. MacMillan, President and Chief Executive Officer of Stryker Corporation, stated that "Katherine is uniquely qualified for this new role and brings extensive insight and understanding of the medical technologies industry to Stryker. Her in-depth knowledge of the industry and her valued reputation will contribute greatly in both her strategy and investor relations roles. We are very excited to have her join Stryker's executive leadership team at this time, and know she will help lead us in continuing our strong tradition of exceptional growth."

Stryker Corporation is one of the world's leading medical technology companies with the most broadly based range of products in orthopaedics and a significant presence in other medical specialties. Stryker works with respected medical professionals to help people lead more active and more satisfying lives. The Company's products include implants used in joint replacement, trauma, craniomaxillofacial and spinal surgeries; biologics; surgical, neurologic, ear, nose & throat and interventional pain equipment; endoscopic, surgical navigation, communications and digital imaging systems; as well as patient handling and emergency medical equipment. Stryker also provides outpatient physical therapy services in the United States.

Source: Stryker

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