Board of directors (10)
Directors with a Section 16 filing in the last 13 months. “Since” is the first filing as a director; SEC data sets start in 2016.
Executive officers (10)
Company facts
- Chair
- Ivan Tornos
- In S&P 500 since
- Aug 2001
- Incorporated in
- DE
- Fiscal year ends
- December
- SEC industry
- Orthopedic, Prosthetic & Surgical Appliances & Supplies
- SEC filings
- EDGAR
Connections to other S&P 500 companies
Current directors and officers who also hold a role at another S&P 500 company.
Major holders (5% or more)
Latest Schedule 13D/13G filing per holder. Holders that reported falling below 5% are not shown. Index funds usually report once a year.
No 5% holder filings parsed yet for this company.
Insider trades
Open-market purchases and sales reported on Form 4. Grants, option exercises and tax withholding are excluded.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| Sep 11, 2026 | Kevin R. Thornal Grp Pres-Global Business | Sale | 5,691 | $92.95 | $529K |
| Sep 4, 2026 | Chad F. Phipps See remarks below. | Sale | 3,000 | $98.35 | $295K |
| May 29, 2026 | Sang Yi Group President, Asia Pacific | Sale | 4,200 | $82.64 | $347K |
| May 29, 2026 | Sang Yi Group President, Asia Pacific | Sale | 800 | $82.66 | $66K |
| Mar 12, 2026 | Lori Winkler SVP and CHRO | Sale | 2,650 | $94.66 | $251K |
| Feb 12, 2026 | Sang Yi Group President, Asia Pacific | Sale | 1,000 | $96.49 | $96K |
| Sep 11, 2025 | Sang Yi Group President, Asia Pacific | Sale | 1,200 | $103.59 | $124K |
| Sep 8, 2025 | Lori Winkler SVP and CHRO | Sale | 1,500 | $104.15 | $156K |
| Aug 18, 2025 | Lori Winkler SVP and CHRO | Sale | 1,500 | $102.49 | $154K |
| Jun 13, 2025 | Sang Yi Group President, Asia Pacific | Sale | 800 | $92.51 | $74K |
| Jun 11, 2025 | Sang Yi Group President, Asia Pacific | Sale | 1,000 | $95.00 | $95K |
| Mar 5, 2025 | Lori Winkler SVP and CHRO | Sale | 1,443 | $104.40 | $151K |
| May 31, 2024 | Sang Yi Group President, Asia Pacific | Sale | 12,857 | $114.69 | $1.5M |
| Mar 7, 2024 | Sang Yi Group President, Asia Pacific | Sale | 1,705 | $126.86 | $216K |
| Feb 22, 2024 | Chad F. Phipps See remarks below. | Sale | 25,546 | $128.61 | $3.3M |
| Feb 22, 2024 | Chad F. Phipps See remarks below. | Sale | 610 | $129.08 | $79K |
| Nov 9, 2023 | Syed A. Jafry Director | Buy | 2,135 | $104.75 | $224K |
| Aug 30, 2023 | Sreelakshmi Kolli Director | Buy | 1,000 | $120.37 | $120K |
| Aug 28, 2023 | Christopher B. Begley Director | Buy | 1,000 | $117.11 | $117K |
| Aug 28, 2023 | Robert Hagemann Director | Buy | 2,000 | $116.48 | $233K |
| Aug 25, 2023 | Michael W. Michelson Director | Buy | 1,300 | $115.50 | $150K |
| Aug 25, 2023 | Betsy J. Bernard Director | Buy | 871 | $114.84 | $100K |
| Aug 23, 2023 | Arthur J. Higgins Director | Buy | 500 | $114.68 | $57K |
| Aug 23, 2023 | Arthur J. Higgins Director | Buy | 500 | $116.55 | $58K |
| Mar 17, 2023 | Chad F. Phipps See remarks below. | Sale | 19,743 | $124.40 | $2.5M |
Board and executive changes
Every 8-K with Item 5.02 (departure, election or appointment of directors and officers). The text is the first paragraph of the item.
- Sep 8, 2026
On September 8, 2026, Zimmer Biomet Holdings, Inc. (the “Company”) notified Kevin Thornal, Group President, Global Businesses and the Americas, that his position is being restructured. Mr. Thornal will be departing from the Company, effective on September 30, 2026. Mr. Thornal will be eligible for severance benefits under the Company’s Restated Executive Severance Plan, as amended (the “Severance Plan”). Pursuant to the Severance Plan, Mr. Thornal will receive benefits, including a lump sum amount equal to the sum of twelve months of his annual base salary plus target annual bonus, plus twelve months of his current monthly COBRA premiums. His right to receive such severance payments and benefits is conditioned upon his executing and not revoking a general release in favor of the Company.
Read the 8-K filing - Apr 28, 2026
On April 22, 2026, Suketu Upadhyay informed Zimmer Biomet Holdings, Inc. (the “Company”) of his intention to resign from the position of Chief Financial Officer and Executive Vice President – Finance, Operations and Supply Chain of the Company, effective as of April 28, 2026, to pursue a new professional opportunity. Mr. Upadhyay’s departure is not the result of any disagreement with the Company on any matter relating to its financial statements, internal control over financial reporting, operations, policies or practices. In connection with Mr. Upadhyay’s departure, Paul Stellato, Vice President, Controller and Chief Accounting Officer, has been appointed to act, along with continuing to serve in his current role, as the Company’s interim Chief Financial Officer, effective upon Mr. Upadhyay’s departure, until a permanent successor is named. In this role, Mr.
Read the 8-K filing - Jan 12, 2026
On January 8, 2026, Mark Bezjak, a named executive officer in the 2025 proxy statement of Zimmer Biomet Holdings, Inc. (the “Company”), informed the Company that he will resign his employment, including all officer positions with the Company and its affiliates, effective as of January 16, 2026, to pursue another business opportunity. As previously reported, Mr. Bezjak ceased to be an executive officer of the Company on July 1, 2025.
Read the 8-K filing - Jun 3, 2025
At the annual meeting of shareholders of Zimmer Biomet Holdings, Inc. (the “Company”) held on May 29, 2025 (the “Annual Meeting”), the Company’s shareholders approved the amended Zimmer Biomet Holdings, Inc. 2009 Stock Incentive Plan (the “SIP”). In February 2025, the Board of Directors of the Company approved proposed amendments to the SIP and directed that the amended SIP be submitted to shareholders of the Company for approval at the Annual Meeting.
Read the 8-K filing - May 27, 2025
On May 27, 2025, Zimmer Biomet Holdings, Inc. (the “Company”) announced that Kevin Thornal has been appointed to the newly-created position of Group President, Global Businesses and the Americas of the Company, effective July 1, 2025. Prior to joining the Company, Mr. Thornal, age 51, served as President and Chief Executive Officer of Nevro Corp. from April 2023, and as a member of its Board of Directors from May 2023, until the completion of its acquisition by Globus Medical, Inc. in April 2025. He previously served as the Group President of Global Diagnostic Solutions at Hologic, Inc. (“Hologic”) from April 2022 to April 2023. Mr. Thornal served in several leadership positions with increasing levels of responsibility at Hologic from 2014 to April 2023. Prior to Hologic, Mr. Thornal held several roles of increasing responsibility at Stryker Corp.
Read the 8-K filing - Feb 25, 2025
On February 25, 2025, the Board of Directors (the “Board”) of Zimmer Biomet Holdings, Inc. (the “Company”) announced that, due to the Company’s mandatory director retirement policy, Christopher Begley, the Company’s Chairman of the Board, is not eligible for nomination by the Board for election as a director at the 2025 Annual Meeting and will retire from the Board when his current term expires at such meeting. The Board, upon the recommendation of the Corporate Governance Committee, has appointed Ivan Tornos, the Company’s President, Chief Executive Officer and a director, as the Chairman of the Board, effective on May 29, 2025, the day of the 2025 Annual Meeting. Additionally, the Board has appointed Michael Farrell to be the Lead Independent Director of the Board, effective upon the commencement of Mr. Tornos’ service as Chairman.
Read the 8-K filing - Jun 20, 2024
On June 20, 2024, the Board of Directors (the “Board”) of Zimmer Biomet Holdings, Inc. (the “Company”), upon the recommendation of the Corporate Governance Committee, increased the size of the Board from ten members to eleven members and appointed Devdatt Kurdikar to fill the resulting vacancy, with a term to expire at the Company’s 2025 annual meeting of shareholders. Mr. Kurdikar has been appointed to the Corporate Governance Committee and the Compensation and Management Development Committee. There are no arrangements or understandings between Mr. Kurdikar and any other person pursuant to which Mr. Kurdikar was appointed a director of the Company, and Mr. Kurdikar has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. As a non-employee director, Mr.
Read the 8-K filing - May 15, 2024
At the annual meeting of shareholders of Zimmer Biomet Holdings, Inc. (the “Company”) held on May 10, 2024 (the “Annual Meeting”), the Company’s shareholders approved the amended Zimmer Biomet Holdings, Inc. Employee Stock Purchase Plan (the “ESPP”). In February 2024, the Board of Directors of the Company approved proposed amendments to the ESPP and directed that the amended ESPP be submitted to shareholders of the Company for approval at the Annual Meeting. The amendments to the ESPP: • increase the number of shares available for issuance and purchase by participants under the ESPP by 10,000,000 million shares; and • modify certain other ESPP provisions to facilitate administration of the ESPP and implement best practice changes.
Read the 8-K filing - Jan 5, 2024
On January 5, 2024, the Board of Directors (the “Board”) of Zimmer Biomet Holdings, Inc. (the “Company”), upon the recommendation of the Corporate Governance Committee, increased the size of the Board from ten members to eleven members and appointed Louis A. Shapiro to fill the resulting vacancy, with a term to expire at the Company’s 2024 annual meeting of shareholders. Mr. Shapiro has been appointed to the Audit Committee and the Quality, Regulatory and Technology Committee. There are no arrangements or understandings between Mr. Shapiro and any other person pursuant to which Mr. Shapiro was appointed a director of the Company, and Mr. Shapiro has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. As a non-employee director, Mr.
Read the 8-K filing - Aug 22, 2023
Senior Leadership Changes On August 22, 2023, Zimmer Biomet Holdings, Inc. (the “Company”) announced changes in its senior management and Board of Directors (“Board”). On August 17, 2023, Bryan C. Hanson notified the Company that he planned to step down as Chairman of the Board, President and Chief Executive Officer of the Company and as a member of the Company’s Board, all effective as of August 22, 2023. Mr. Hanson will remain with the Company as an employee in an advisory capacity at the same level of compensation through August 31, 2023. The Company did not enter into, amend or modify any material compensatory plans, arrangements or agreements in connection with Mr. Hanson’s departure. Mr. Hanson’s voluntary resignation will not trigger a right to receive any severance compensation or benefits under any compensation plans or arrangements applicable to Mr. Hanson.
Read the 8-K filing - May 16, 2022
On May 16, 2022, Zimmer Biomet Holdings, Inc. (“Zimmer Biomet” or the “Company”) announced that Paul Stellato has been appointed Vice President, Controller and Chief Accounting Officer of the Company. In this position, Mr. Stellato will serve as the Company’s principal accounting officer. Derek Davis, who served as the Company’s Interim Controller and Chief Accounting Officer and had assumed the responsibilities of the Company’s principal accounting officer during the search process that led to Mr. Stellato’s hiring, will continue in his role as the Company’s Vice President, Finance Integration. Mr. Stellato, age 47, joins Zimmer Biomet from Xylem Inc. (“Xylem”), a global provider of water technology products and services, where he served as Vice President Finance, Global Business Services from March 2019 through April 2022.
Read the 8-K filing - Oct 29, 2021
On October 29, 2021, Zimmer Biomet Holdings, Inc. (the “Company”) announced that Carrie Nichol, the Vice President, Controller and Chief Accounting Officer, and the principal accounting officer, of the Company, will be departing from the Company effective November 26, 2021. Ms. Nichol is pursuing another employment opportunity and her departure is not the result of any disagreement regarding the Company’s financial reporting or accounting policies, procedures, estimates or judgments. The Company will initiate a search for Ms. Nichol’s replacement, but in the meantime, the Company has determined that Derek Davis, the Company’s Vice President, Finance Integration, will serve as the Interim Controller and Chief Accounting Officer, and principal accounting officer, of the Company, effective upon Ms. Nichol’s departure on November 26, 2021. Mr.
Read the 8-K filing - May 20, 2021
At the annual meeting of shareholders of Zimmer Biomet Holdings, Inc. (the “Company”) held on May 14, 2021 (the “Annual Meeting”), the Company’s shareholders approved: (i) the amended Zimmer Biomet Holdings, Inc. 2009 Stock Incentive Plan (the “2009 Plan”); (ii) the amended Zimmer Biomet Holdings, Inc. Stock Plan for Non-Employee Directors (the “Director Stock Plan”); and (iii) the amended Zimmer Biomet Holdings, Inc. Deferred Compensation Plan for Non-Employee Directors (the “Deferred Compensation Plan”). In February 2021, the Board of Directors of the Company approved amendments to each of such plans and directed that the amended plans be submitted to shareholders of the Company for approval at the Annual Meeting.
Read the 8-K filing - Mar 19, 2021
On March 19, 2021, Zimmer Biomet Holdings, Inc. (the “Company”) announced that Ivan Tornos has been appointed to the newly-created position of Chief Operating Officer of the Company. Mr. Tornos, age 45, joined the Company in November 2018 as Group President, Orthopedics, and in December 2019 was appointed Group President, Global Businesses and the Americas. Prior to joining the Company, Mr. Tornos served as Worldwide President of the Global Urology, Medical and Critical Care Divisions of Becton, Dickinson and Company (“BD”) (and previously, C. R. Bard, Inc. (“Bard”)) from June 2017 until October 2018. From June 2017 until BD’s acquisition of Bard in December 2017, Mr. Tornos also continued to serve as President, Europe, Middle East and Africa (“EMEA”) of Bard, a position to which he was appointed in September 2013. Mr.
Read the 8-K filing - Feb 22, 2021
On February 18, 2021, the Board of Directors (the “Board”) of Zimmer Biomet Holdings, Inc. (the “Company”), upon the recommendation of the Corporate Governance Committee, increased the size of the Board from eleven members to twelve members and appointed Sreelakshmi Kolli to fill the resulting vacancy, with a term to expire at the Company’s 2021 annual meeting of shareholders to be held on May 14, 2021 (the “2021 Annual Meeting”). Ms. Kolli has not been appointed to any committees of the Board at this time; however, the Company expects that Ms. Kolli will be appointed to the Audit Committee and the Quality, Regulatory and Technology Committee in the near future. There are no arrangements or understandings between Ms. Kolli and any other person pursuant to which Ms. Kolli was appointed a director of the Company, and Ms.
Read the 8-K filing
Show 15 older changes
- Jul 2, 2020
As previously reported, on April 6, 2020, the Compensation and Management Development Committee (the “Committee”) of the Company’s Board of Directors (the “Board”) approved temporary reductions in the base salaries of the Company’s named executive officers (“NEOs”) in response to uncertainty surrounding the scope and duration of the COVID-19 pandemic and its impact on the Company. Specifically, the base salary of Bryan Hanson, the Company’s President and Chief Executive Officer, was reduced by 100% and the base salaries of the other NEOs was reduced by 25%, in each case until such time as the Committee determined in its discretion. On June 26, 2020, the Committee approved the reinstatement of the NEOs’ base salaries to their respective pre-reduction levels.
Read the 8-K filing - Apr 8, 2020
On April 6, 2020, the Compensation and Management Development Committee (the “Committee”) of the Company’s Board of Directors (the “Board”) approved temporary reductions in the base salaries of the Company’s named executive officers in response to ongoing uncertainty surrounding the scope and duration of the COVID-19 pandemic. Bryan Hanson, the Company’s President and Chief Executive Officer, will temporarily forgo his entire base salary and the other named executive officers will temporarily be subject to a 25% reduction in their base salaries, in each case until such time as the Committee may determine in its discretion.
Read the 8-K filing - Sep 17, 2019
Director or officer change (Item 5.02). Open the filing for details.
Read the 8-K filing - Jun 19, 2019
(b), (c), (e) – On June 19, 2019, Zimmer Biomet Holdings, Inc. (“Zimmer Biomet” or the “Company”) announced that Daniel P. Florin will be retiring as Executive Vice President and Chief Financial Officer of the Company and Suketu Upadhyay has been appointed to succeed Mr. Florin effective July 1, 2019. Mr. Florin will continue with Zimmer Biomet in an advisory capacity for a transition period. A copy of the related press release is furnished with this report as Exhibit 99.1. Mr. Upadhyay, age 50, joins Zimmer Biomet from Bristol-Myers Squibb Company, where he has served as Senior Vice President, Global Financial Operations since November 2016. Before joining Bristol-Myers Squibb, he served as Executive Vice President, Chief Financial Officer of Endo International plc from September 2013 to November 2016. Prior to that, Mr.
Read the 8-K filing - Dec 10, 2018
Zimmer Biomet Holdings, Inc. (the “Company”) today announced that Tony W. Collins, previously serving as Vice President, Finance, Corporate Controller and Chief Accounting Officer and the principal accounting officer of the Company, has been promoted and is taking on new responsibilities as the Company’s Orthopedics Group Finance Lead. A search for a new principal accounting officer is in process. In the interim, Daniel P. Florin, the Company’s Executive Vice President and Chief Financial Officer, will serve as principal accounting officer, in addition to his role as principal financial officer. The foregoing change in the Company’s principal accounting officer was effective as of December 7, 2018.
Read the 8-K filing - Aug 3, 2018
On August 3, 2018, the Board of Directors (the “Board”) of Zimmer Biomet Holdings, Inc. (the “Company”), upon the recommendation of the Corporate Governance Committee, increased the size of the Board from nine members to eleven members and appointed Maria Teresa (Tessa) Hilado and Syed Jafry to fill the resulting vacancies, each with a term to expire at the Company’s 2019 annual meeting of shareholders. Neither Ms. Hilado nor Mr. Jafry has been appointed to any committees of the Board at this time; however, the Company expects that Ms. Hilado will be appointed to the Audit Committee and the Corporate Governance Committee, and that Mr. Jafry will be appointed to the Compensation and Management Development Committee and the Quality, Regulatory and Technology Committee in the near future. There are no arrangements or understandings between Ms. Hilado or Mr.
Read the 8-K filing - Apr 13, 2018
(b) Departure of Named Executive Officer On April 10, 2018, Katarzyna Mazur-Hofsaess, M.D., Ph.D., President, Europe, Middle East and Africa (“EMEA”) of Zimmer Biomet Holdings, Inc. (the “Company”), informed the Company that she will resign her officer positions with the Company and its affiliates. Dr. Mazur-Hofsaess will continue on with her full EMEA leadership responsibilities through May 31, 2018 and will be available for an additional transition period for a number of months thereafter.
Read the 8-K filing - Jan 19, 2018
(e) On January 15, 2018, the Compensation and Management Development Committee (the “Committee”) of the Board of Directors of Zimmer Biomet Holdings, Inc. (the “Company”) approved the Zimmer Biomet Holdings, Inc. Executive Severance Plan (the “Executive Severance Plan”), to be effective as of January 15, 2018. The Company does not have employment agreements with its executives, and the Executive Severance Plan is intended to provide severance benefits to certain executives of the Company in the event of a qualifying involuntary termination of their employment under certain circumstances not involving a change in control of the Company.
Read the 8-K filing - Dec 21, 2017
On December 19, 2017, Zimmer Biomet Holdings, Inc. (the “Company”) announced that the Board of Directors of the Company (the “Board”) appointed Bryan C. Hanson as the Company’s President and Chief Executive Officer and elected him as a member of the Board, effective December 19, 2017. A copy of the related press release is furnished with this report as Exhibit 99.1. Mr. Hanson, age 50, previously served as Executive Vice President and President, Minimally Invasive Therapies Group of Medtronic Public Limited Company (“Medtronic”) from January 2015 until joining the Company.
Read the 8-K filing - Jul 11, 2017
The Company issued a press release on July 11, 2017 announcing changes in its senior management and Board of Directors. The press release is attached hereto as Exhibit 99.2. Effective July 11, 2017, David C. Dvorak stepped down as President and Chief Executive Officer and a member of the Board of Directors of the Company. Mr. Dvorak will remain with the Company as an employee in an advisory capacity for a period of time. The Company did not enter into, amend or modify any material compensatory plans or arrangements in connection with Mr. Dvorak’s departure. Mr. Dvorak will be entitled to certain compensation and benefits following his departure under existing arrangements. Also effective July 11, 2017, the Board appointed Daniel P.
Read the 8-K filing - Mar 23, 2017
(b) On March 18, 2017, Paul M. Bisaro, a member of the Board of Directors (the “Board”) of Zimmer Biomet Holdings, Inc. (the “Company”), notified the Chairman of the Board that he will not stand for reelection at the Company’s 2017 Annual Meeting of Stockholders (the “Annual Meeting”). Mr. Bisaro’s decision not to stand for reelection is not the result of any disagreement with the Company. Mr. Bisaro will continue to serve as a director and as a member of each of the Compensation and Management Development Committee and the Corporate Governance Committee of the Board until his current term expires at the Annual Meeting. The Board intends to reduce its size to eleven members effective upon the expiration of Mr. Bisaro’s term as a director.
Read the 8-K filing - Jan 18, 2017
(b) Retirement of Named Executive Officer On January 17, 2017, Zimmer Biomet Holdings, Inc. (the “Company”) issued a press release announcing that Stuart G. Kleopfer, a named executive officer of the Company, has decided to retire from his position as President, Americas of the Company and will be succeeded by Robert D. Delp effective January 23, 2017. A copy of the press release is attached hereto as Exhibit 99.1 and the information set forth therein is incorporated herein by reference and constitutes a part of this report.
Read the 8-K filing - May 9, 2016
Director or officer change (Item 5.02). Open the filing for details.
Read the 8-K filing - Feb 11, 2016
Director or officer change (Item 5.02). Open the filing for details.
Read the 8-K filing - Jan 7, 2016
Director or officer change (Item 5.02). Open the filing for details.
Read the 8-K filing
Proxy statements (DEF 14A): 2026 · 2025 · 2024 · 2023 · 2022 · 2021
Share price
Annual financials
From the company's 10-K XBRL data (SEC companyfacts).
| Fiscal year | Revenue | Net income | Margin | Diluted EPS | Total assets |
|---|---|---|---|---|---|
| FY2025 | $8.2B | $705.1M | 8.6% | $3.55 | $23.1B |
| FY2024 | $7.7B | $903.8M | 11.8% | $4.43 | $21.4B |
| FY2023 | $7.4B | $1.0B | 13.8% | $4.88 | $21.5B |
| FY2022 | $6.9B | $231.4M | 3.3% | $1.10 | $21.1B |
| FY2021 | $6.8B | $401.6M | 5.9% | $1.91 | $23.5B |
| FY2020 | $6.1B | -$138.9M | -2.3% | $-0.67 | $24.4B |
| FY2019 | $8.0B | $1.1B | 14.2% | $5.47 | $24.6B |
| FY2018 | $7.9B | -$379.2M | -4.8% | $-1.86 | $24.1B |
Former directors and officers (29)
People who stopped filing as an insider of this company. “Last filing” is the last Form 3/4/5, an upper bound on when they left.