Tuesday, February 28, 2012

Behind a CEO's Departure: An Ouster or Resignation?

Media_httpsiwsjnetpub_epiig

By JOANN S. LUBLIN And CHRISTOPHER WEAVER

New questions emerged about the abrupt resignation of Stryker Corp.'s chief executive, Stephen P. MacMillan, and the company's discussion with analysts that he had a romantic relationship with an ex-employee.

The 48-year-old executive resigned Feb. 8 after apparently losing the confidence of some key board members at the medical-device maker, according to a person familiar with the matter.

Posted via email from Jack's posterous

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