Fortive Management

Management criteria checks 3/4

Fortive's CEO is Jim Lico, appointed in Jul 2016, has a tenure of 8.33 years. total yearly compensation is $17.81M, comprised of 7% salary and 93% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth $40.42M. The average tenure of the management team and the board of directors is 4.5 years and 4.3 years respectively.

Key information

Jim Lico

Chief executive officer

US$17.8m

Total compensation

CEO salary percentage	7.0%
CEO tenure	8.3yrs
CEO ownership	0.1%
Management average tenure	4.5yrs
Board average tenure	4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jim Lico's remuneration changed compared to Fortive's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 27 2024	n/a	n/a	US$889m
Jun 28 2024	n/a	n/a	US$886m
Mar 29 2024	n/a	n/a	US$900m
Dec 31 2023	US$18m	US$1m	US$866m
Sep 29 2023	n/a	n/a	US$828m
Jun 30 2023	n/a	n/a	US$800m
Mar 31 2023	n/a	n/a	US$764m
Dec 31 2022	US$17m	US$1m	US$755m
Sep 30 2022	n/a	n/a	US$696m
Jul 01 2022	n/a	n/a	US$659m
Apr 01 2022	n/a	n/a	US$650m
Dec 31 2021	US$17m	US$1m	US$580m
Oct 01 2021	n/a	n/a	US$2b
Jul 02 2021	n/a	n/a	US$2b
Apr 02 2021	n/a	n/a	US$1b
Dec 31 2020	US$14m	US$897k	US$1b
Sep 25 2020	n/a	n/a	-US$147m
Jun 26 2020	n/a	n/a	-US$26m
Mar 27 2020	n/a	n/a	US$90m
Dec 31 2019	US$14m	US$1m	US$199m
Sep 27 2019	n/a	n/a	US$718m
Jun 28 2019	n/a	n/a	US$724m
Mar 29 2019	n/a	n/a	US$816m
Dec 31 2018	US$14m	US$1m	US$455m
Sep 28 2018	n/a	n/a	US$837m
Jun 29 2018	n/a	n/a	US$909m
Mar 30 2018	n/a	n/a	US$899m
Dec 31 2017	US$11m	US$1m	US$884m

Compensation vs Market: Jim's total compensation ($USD17.81M) is above average for companies of similar size in the UK market ($USD5.77M).

Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.

CEO

Jim Lico (58 yo)

8.3yrs

Tenure

US$17,809,164

Compensation

Mr. James A. Lico, also known as Jim, is Director of DuPont de Nemours, Inc. from May 23, 2024. Mr. Lico has been Chief Executive Officer of Fortive Corporation since July 2016 and served as its President...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
James Lico	President	8.3yrs	US$17.81m	0.15% $ 40.4m
Charles McLaughlin	Senior VP & CFO	8.3yrs	US$6.81m	0.021% $ 5.8m
Stacey Walker	Senior Vice President of Human Resources	8.3yrs	US$3.80m	0.012% $ 3.4m
Tamara Newcombe	President and CEO of Precision Technologies & Advanced Healthcare Solutions	2.8yrs	US$6.28m	0.020% $ 5.4m
Olumide Soroye	President & CEO of Intelligent Operating Solutions	3.3yrs	US$7.54m	0.013% $ 3.6m
Christopher Mulhall	VP & Chief Accounting Officer	5.1yrs	no data	0.0096% $ 2.6m
Victor Fetter	Senior VP & Chief Information Officer	3.8yrs	no data	no data
Elena Rosman	Vice President of Investor Relations	3yrs	no data	no data
Peter Underwood	Senior VP & General Counsel	8.5yrs	US$2.77m	0.014% $ 3.8m
Jonathan Schwarz	Senior Vice President of Corporate Development	8.3yrs	no data	0.020% $ 5.4m
Edward Simmons	Senior Vice President of Strategy	3.8yrs	US$3.94m	0.012% $ 3.2m
Andrew McCauley	Group President of Sensing Technologies	1.3yrs	no data	no data

4.5yrs

Average Tenure

53.5yo

Average Age

Experienced Management: 0IRE's management team is considered experienced (4.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
James Lico	President	8.3yrs	US$17.81m	0.15% $ 40.4m
Kate Mitchell	Independent Director	8.3yrs	US$326.78k	0.00099% $ 272.7k
Alan Spoon	Independent Chairman of the Board	8.3yrs	US$530.62k	0.022% $ 6.2m
Daniel Comas	Independent Director	3.7yrs	US$337.61k	0.011% $ 3.1m
Jeannine Sargent	Independent Director	5.8yrs	US$352.61k	0.00066% $ 181.8k
Eric Branderiz	Independent Director	1.8yrs	US$510.92k	0.0013% $ 358.1k
Wright Lassiter	Independent Director	2.8yrs	US$330.13k	0.0012% $ 322.3k
Rejji Hayes	Independent Director	3.9yrs	US$345.53k	0.0012% $ 338.8k
Sharmistha Dubey	Independent Director	4.3yrs	US$340.51k	0.0012% $ 333.3k

4.3yrs

Average Tenure

60yo

Average Age

Experienced Board: 0IRE's board of directors are considered experienced (4.3 years average tenure).

Fortive Management

Management criteria checks 3/4

Key information

Recent management updates

Fortive Corporation, Annual General Meeting, Jun 04, 2024

Fortive Corporation, Annual General Meeting, Jun 04, 2024

Senior VP & CFO recently sold US$3.5m worth of stock

High number of new directors

Fortive Corporation Announces Appointment of Eric Branderiz to Its Board of Directors

Senior VP & CFO recently sold US$900k worth of stock

Recent updates

Now 20% undervalued

Upcoming dividend of US$0.08 per share

Third quarter dividend of US$0.08 announced

Fortive Declares Regular Quarterly Dividend on Its Common Stock, Payable on December 27, 2024

Fortive Corporation Provides Earnings Guidance for the Fourth Quarter and Year Ending December 31, 2024

Third quarter 2024 earnings released: EPS: US$0.64 (vs US$0.62 in 3Q 2023)

Fortive Corporation to Report Q3, 2024 Results on Oct 30, 2024

Second quarter dividend of US$0.08 announced

Fortive Corporation Declares Regular Quarterly Dividend on Its Common Stock, Payable on September 27, 2024

Second quarter 2024 earnings released: EPS: US$0.56 (vs US$0.59 in 2Q 2023)

Fortive Corporation to Report Q2, 2024 Results on Jul 24, 2024

Upcoming dividend of US$0.08 per share

First quarter 2024 earnings released: EPS: US$0.59 (vs US$0.49 in 1Q 2023)

Fortive Corporation, Annual General Meeting, Jun 04, 2024

Fortive Corporation, Annual General Meeting, Jun 04, 2024

Fourth quarter dividend of US$0.08 announced

Fortive Corporation Declares Regular Quarterly Dividend on Its Common Stock, Payable on June 28, 2024

Fortive Corporation to Report Q1, 2024 Results on Apr 24, 2024

Senior VP & CFO recently sold US$3.5m worth of stock

Full year 2023 earnings released: EPS: US$2.46 (vs US$2.12 in FY 2022)

Upcoming dividend of US$0.08 per share at 0.4% yield

Full year 2023 earnings released: EPS: US$2.46 (vs US$2.12 in FY 2022)

Fortive Corporation Provides Guidance for the First Quarter and Full Year 2024

Third quarter dividend of US$0.08 announced

Fortive Corporation Declares Regular Quarterly Dividend on Its Common Stock, Payable on March 28, 2024

Fortive Corporation to Report Q4, 2023 Results on Jan 31, 2024

Tektronix, Inc. and Fortive Release 4 Series B Mixed Signal Oscilloscope, Increasing Processing Power for Quicker Analysis & Data Transfer Speed

Upcoming dividend of US$0.08 per share at 0.4% yield

Fortive Corporation Declares Regular Quarterly Cash Dividend, Payable on December 29, 2023

Fortive Corporation Provides Earnings Guidance for the Fourth Quarter and Full Year of 2023

Third quarter 2023 earnings released: EPS: US$0.62 (vs US$0.54 in 3Q 2022)

Fortive Corporation (NYSE:FTV) entered into a definitive agreement to acquire Ea Elektro-Automatik Holding Gmbh from Bregal Unternehmerkapital GmbH for $1.45 billion.

EA Elektro-Automatik Reportedly Attracts Bids Worth Up to USD 2 Billion

Fortive Corporation to Report Q3, 2023 Results on Oct 25, 2023

Upcoming dividend of US$0.07 per share at 0.4% yield

Fortive Corporation Declares Regular Quarterly Cash Dividend, Payable on September 29, 2023

Fortive Corporation Provides Earnings Guidance for the Third Quarter and Full Year of 2023

Second quarter 2023 earnings released: EPS: US$0.59 (vs US$0.48 in 2Q 2022)

Fortive Corporation to Report Q2, 2023 Results on Jul 26, 2023

Upcoming dividend of US$0.07 per share at 0.4% yield

First quarter 2023 earnings released: EPS: US$0.49 (vs US$0.46 in 1Q 2022)

Now 23% undervalued after recent price drop

Now 21% undervalued after recent price drop

Upcoming dividend of US$0.07 per share at 0.4% yield

Full year 2022 earnings released: EPS: US$2.12 (vs US$1.66 in FY 2021)

Fortive Corporation Introduces Guidance for the First Quarter and Full Year 2023

High number of new directors

Fortive Corporation Declares Regular Quarterly Dividend on its Common Stock, Payable on March 31, 2023

Fortive Corporation to Report Q4, 2022 Results on Feb 01, 2023

Fortive Corporation Announces Appointment of Eric Branderiz to Its Board of Directors

Upcoming dividend of US$0.07 per share

Senior VP & CFO recently sold US$900k worth of stock

Fortive Corporation Declares Quarterly Cash Dividend on Common Stock, Payable on December 30, 2022

Fortive Corporation Provides Financial Guidance for the Fourth Quarter and Full Year 2022

Third quarter 2022 earnings released: EPS: US$0.54 (vs US$0.42 in 3Q 2021)

Fortive Corporation to Report Q3, 2022 Results on Oct 26, 2022

Upcoming dividend of US$0.07 per share

Fortive Corporation Declares Quarterly Cash Dividend on Common Stock, Payable on September 30, 2022

Fortive Corporation Provides Earnings Guidance for the Third Quarter of 2022

Second quarter 2022 earnings released: EPS: US$0.48 (vs US$0.49 in 2Q 2021)

Fortive Corporation to Report Q2, 2022 Results on Jul 28, 2022

Upcoming dividend of US$0.07 per share

Independent Chairman of the Board recently bought US$1.0m worth of stock

First quarter 2022 earnings released: EPS: US$0.46 (vs US$0.28 in 1Q 2021)

Fortive Corporation, Annual General Meeting, Jun 07, 2022

Fortive Corporation to Report Q1, 2022 Results on Apr 28, 2022

Fortive Corporation Declares Regular Quarterly Dividend on its Common Stock, Payable on June 24, 2022

High number of new directors

Upcoming dividend of US$0.07 per share