Zimmer Biomet CFO Suketu Upadhyay to Depart April 28, Paul Stellato Named Interim
Zimmer Biomet CFO Suketu Upadhyay will depart effective April 28, 2026, for a new professional opportunity. Paul Stellato, currently Controller and Chief Accounting Officer, will serve as interim CFO while the company searches for a permanent successor.
1. CFO Transition Announcement
Zimmer Biomet CFO Suketu Upadhyay will depart effective April 28, 2026, to pursue a new professional opportunity after seven years leading finance, operations and supply chain. CEO Ivan Tornos expressed gratitude for Upadhyay’s contributions and emphasized continuity during the change in leadership.
2. Interim CFO Background
Paul Stellato, Zimmer Biomet’s Controller and Chief Accounting Officer since May 2022, will assume interim CFO duties. Stellato brings over 20 years of finance and investor relations experience, including senior roles at Xylem Inc., ITT Corporation and major accounting firms.
3. Search for Permanent Successor and Implications
Zimmer Biomet will conduct an internal and external search for a permanent CFO while Stellato oversees capital allocation, acquisitions and the $1.5 billion share repurchase program. Investors will monitor any shifts in financial strategy or guidance during this executive transition.