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Corporate Score 42 Bearish

Zimmer Biomet Appoints Interim CFO Following Departure of Suketu Upadhyay

Apr 28, 2026 10:57 UTC
ZBH
Short term

Zimmer Biomet Holdings has announced the departure of CFO Suketu Upadhyay, who is leaving to pursue other professional opportunities. Paul Stellato, the current Controller and Chief Accounting Officer, will serve as interim CFO during the search for a permanent replacement.

  • Suketu Upadhyay exits CFO and EVP roles effective April 28, 2026
  • Paul Stellato transitions from Controller/CAO to interim CFO
  • Company initiating internal and external search for permanent CFO
  • ZBH shares declined 2.84% to $90.00 in pre-market trading

Zimmer Biomet Holdings, Inc. (ZBH) announced on Tuesday that Suketu Upadhyay is stepping down from his roles as Chief Financial Officer and Executive Vice President of Finance, Operations, and Supply Chain. The transition is effective immediately as of April 28, 2026. To ensure operational continuity, the company has named Paul Stellato as the interim CFO. Stellato previously served as the firm's Controller and Chief Accounting Officer. CEO Ivan Tornos expressed confidence in Stellato's ability to maintain the company's strategic direction and meet its existing commitments during the transition period. The company has confirmed that it has launched both internal and external searches to identify a permanent successor for the CFO position. Upadhyay's departure is attributed to the pursuit of a new professional opportunity. Investors reacted cautiously to the leadership change, with ZBH shares trading at $90.00 in pre-market activity, representing a 2.84 percent decline on the New York Stock Exchange.

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