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Red Flags Detected

  • Departure Of Cfo (new) — CFO resigned to pursue new opportunity, though company stated no disagreements on financial matters or controls.
NYSE: ZBH ZIMMER BIOMET HOLDINGS, INC. 8-K

Zimmer Biomet CFO Suketu Upadhyay resigns; Controller Paul Stellato named interim CFO

Filed April 28, 2026 · Period ending April 22, 2026 · ~1 min read

Key Changes

  • high

    CFO Suketu Upadhyay resigned effective April 28, 2026 to pursue a new opportunity. Company explicitly stated departure was not due to disagreements on financials, internal controls, or operations.

  • high

    Paul Stellato, current Controller and Chief Accounting Officer since May 2022, appointed interim CFO while permanent search underway. He will serve as both principal financial officer and principal accounting officer.

  • medium

    Stellato's interim compensation includes $550,000 base salary (prorated), 70% target bonus tied to performance goals, and $850,000 in equity awards ($750K RSUs vesting over 3 years, $100K PRSUs).

1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Source-verified from EDGAR · Narrative written by AI · Jun 2, 2026 · How we verify