Dentsply International (NSDQ:XRAY) detailed its plans to replace ex-CFO William Jellison, who jumped ship today for medical device company Stryker (NYSE:SYK).
York, Pa.-based Dentsply said Jellison has been replaced by former president & COO Chris Clark, with Jim Mosch winning a promotion to COO.
Stryker said this morning that it hired Jellison, a 15-year Dentsply veteran, to replace interim CFO Dean Bergy, hired in the kerfluffle that ensued when Kalamazoo, Mich.-based Stryker’s abruptly pushed out then-CEO Stephen MacMillan in early 2012.
Jellison is due to move into the C-suite in Kalamazoo April 22, Stryker said. He’s been CFO at Dentsply since 2005.
Bergy, who will assist in the transition through the 2nd quarter, will then resume his duties as corporate secretary, according to a press release.
"Bill’s accomplished career in managing the financial activities of growing multinational organizations will complement our leadership team in achieving our strategic goals," Stryker president & CEO Kevin Lobo said in prepared remarks.
Stryker ousted MacMillan, now CEO of infection control product maker sBioMed, in February 2012, in a move that shocked the orthopedics world.
Then-CFO Curt Hartman, who assumed interim CEO duties, departed in October of that year, when Stryker tapped Kevin Lobo, a MacMillan protégé, for the corner office.