Stryker CEO: Rumors swirl over MacMillan's departure (MassDevice)
A report in the Wall Street Journal claims that Stephen MacMillan's February 9th resignation from Stryker came after the company's board learned of an affair with a former employee.
Former Stryker (NYSE:SYK) CEO Stephen MacMillan's departure from the company may have come as the result of an extramarital affair with a former company employee, according to a report in the Wall Street Journal.
The paper reported that MacMillan resigned from the Kalamazoo, Mich.-based medical device company on February 8th after losing the confidence of some "key members" of the company's board, who had becomed concerned about alleged relationship the 48-year-old executive had with an ex-employee.
MacMillan abruptly resigned from the world's largest orthopedics device maker this month citing family reasons. Stryker revealed to stock analysts shortly thereafter that he was romantically involved with a former employee, the Journal reported, citing anonymous sources that have not yet been independently verified.
MacMillan's decision left many scratching their heads when the announcement was made. Stryker officials insisted that his resigna...
