Fired Over a Romance, a CEO Seeks Redemption in Utah

Steve MacMillan, former president and CEO of Stryker Corporation, in 2005. Photograph by Adam Bird/Bloomberg
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To many people, Stephen P. MacMillan’s next gig looks like a step down.

After building Stryker into an $8.3 billion medical technology giant with 21,000 employees, he’s just been named CEO of a firm in Orem, Utah that boasts about a dozen employees and a single product. But MacMillan says he’s so excited by the potential of sBiomed and its anti-infection agent, Steriplex SD, that he turned down a senior role at Johnson & Johnson to take the job, which was announced Nov. 1.