Stryker Corporation announced that after 15 years of distinguished service, Dr. Srikant Datar has notified the Company that he will not stand for re-election at Stryker's 2024 Annual Meeting of Shareholders, which is expected to be held on May 9, 2024. Dr. Datar is the Dean of the Harvard Business School and George F. Baker Professor of Business Administration. He was the Arthur Lowes Dickinson Professor at the Graduate School of Business Administration of Harvard University from 1996 to 2020 and is the former Faculty Chair of the Harvard Innovation Labs and Senior Associate Dean for University Affairs.

From 1989 to 1996, Dr. Datar was Edmund W. Littlefield Professor at the Graduate School of Business, Stanford University. Dr. Datar is also a director of ICF International Inc., a management, technology and policy consulting firm, and T-Mobile US Inc., a provider of wireless voice, messaging and data services. In 2020, he was recognized by the National Association of Corporate Directors (NACD) as Public Company Director of the Year.

Dr. Datar has an extensive background in accounting and finance and a variety of other business areas, including performance measurement, design thinking and innovation, and machine learning and artificial intelligence. His strong academic and business background and board experience for high tech global companies has helped accelerate global growth through focus on organic and M&A innovation.