UPDATE 1-Medical device maker Stryker names Kevin Lobo CEO

* Lobo succeeds interim CEO Curt Hartman

* Hartman to leave company

* CEO search had been underway since February

(Recasts, adds background)

Oct 1 (Reuters) - Medical device maker Stryker Corp on Monday named Kevin Lobo, a unit president hired just last year, as chief executive, succeeding Curt Hartman, who had held the position on an interim basis.

Lobo joined Stryker in April 2011 and was president of its orthopedics unit.

Hartman, the company's chief financial officer, added the CEO post when Stryker Chairman, President and CEO Stephen MacMillan stepped down in February 2012, citing family reasons.

Hartman, who has been with Stryker since 1990, will leave the company but will stay on as an adviser for the transition and as the company looks for a new CFO, Stryker said.

Stryker last month said it had to expand a recall of its latest Neptune surgical waste management product line because regulators said it did not have proper regulatory clearance.

(Reporting by Adithya Venkatesan in Bangalore and Caroline Humer in New York; editing by John Wallace)

((adithya.venkatesan@thomsonreuters.com)(Within U.S. +1 646 223 8780)(outside U.S. +91 80 4135 5800)(Follow me on twitter @adadithya))

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