Danaher Management

Management criteria checks 3/4

Danaher's CEO is Rainer Blair, appointed in Sep 2020, has a tenure of 4.08 years. total yearly compensation is $20.90M, comprised of 6.2% salary and 93.8% bonuses, including company stock and options. directly owns 0.014% of the company’s shares, worth $23.75M. The average tenure of the management team and the board of directors is 5.8 years and 14.4 years respectively.

Key information

Rainer Blair

Chief executive officer

US$20.9m

Total compensation

CEO salary percentage	6.2%
CEO tenure	4.1yrs
CEO ownership	0.01%
Management average tenure	5.8yrs
Board average tenure	14.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rainer Blair's remuneration changed compared to Danaher's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 27 2024	n/a	n/a	US$4b
Jun 28 2024	n/a	n/a	US$4b
Mar 29 2024	n/a	n/a	US$4b
Dec 31 2023	US$21m	US$1m	US$4b
Sep 29 2023	n/a	n/a	US$4b
Jun 30 2023	n/a	n/a	US$5b
Mar 31 2023	n/a	n/a	US$6b
Dec 31 2022	US$20m	US$1m	US$6b
Sep 30 2022	n/a	n/a	US$7b
Jul 01 2022	n/a	n/a	US$6b
Apr 01 2022	n/a	n/a	US$6b
Dec 31 2021	US$17m	US$1m	US$5b
Oct 01 2021	n/a	n/a	US$6b
Jul 02 2021	n/a	n/a	US$5b
Apr 02 2021	n/a	n/a	US$5b
Dec 31 2020	US$10m	US$949k	US$4b
Oct 02 2020	n/a	n/a	US$3b
Jul 03 2020	n/a	n/a	US$3b
Apr 03 2020	n/a	n/a	US$3b
Dec 31 2019	US$7m	US$840k	US$2b
Sep 27 2019	n/a	n/a	US$2b
Jun 28 2019	n/a	n/a	US$2b
Mar 29 2019	n/a	n/a	US$2b
Dec 31 2018	US$5m	US$700k	US$2b
Sep 28 2018	n/a	n/a	US$3b
Jun 29 2018	n/a	n/a	US$3b
Mar 30 2018	n/a	n/a	US$3b
Dec 31 2017	US$4m	US$625k	US$2b

Compensation vs Market: Rainer's total compensation ($USD20.90M) is above average for companies of similar size in the UK market ($USD5.83M).

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

CEO

Rainer Blair (60 yo)

4.1yrs

Tenure

US$20,903,282

Compensation

Mr. Rainer M. Blair serves as Director at Nestlé S.A. since April 20, 2023. He serves as President, Chief Executive Officer and Director at Danaher Corporation since September 1, 2020. Mr. Blair served as...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Steven Rales	Co-Founder & Chairman	41.8yrs	no data	6.02% $ 10.5b
Rainer Blair	President	4.1yrs	US$20.90m	0.014% $ 23.8m
Mitchell Rales	Co-Founder & Director	41.8yrs	no data	4.86% $ 8.5b
Matthew McGrew	CFO & Executive VP	5.8yrs	US$7.50m	0.0053% $ 9.3m
Jose-Carlos Gutierrez-Ramos	Senior VP & Chief Science Officer	3.8yrs	US$7.20m	0.00037% $ 647.6k
Georgeann Couchara	Senior Vice President of Human Resources	2.5yrs	US$5.25m	0.00015% $ 262.5k
Christopher Bouda	VP & Chief Accounting Officer	2.8yrs	no data	0.00081% $ 1.4m
John Bedford	Vice President of Investor Relations	no data	no data	no data
Brian Ellis	Senior VP	8.8yrs	US$3.56m	0.0028% $ 4.9m
Daniel Raskas	Senior Vice President of Corporate Development	14.7yrs	no data	0.0033% $ 5.7m
William King	Senior Vice President of Strategic Development	10.4yrs	no data	0.0067% $ 11.7m
Christopher Riley	Executive VP of Biotechnology Group & CEO of Cytiva	less than a year	no data	0.0020% $ 3.5m

5.8yrs

Average Tenure

57yo

Average Age

Experienced Management: 0R2B's management team is seasoned and experienced (5.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Steven Rales	Co-Founder & Chairman	41.8yrs	no data	6.02% $ 10.5b
Rainer Blair	President	4.1yrs	US$20.90m	0.014% $ 23.8m
Mitchell Rales	Co-Founder & Director	41.8yrs	no data	4.86% $ 8.5b
Alan Spoon	Independent Director	25.8yrs	US$338.13k	0.011% $ 19.8m
John Schwieters	Independent Director	21.3yrs	US$351.13k	0.0054% $ 9.5m
Elias Zerhouni	Independent Director	15.8yrs	US$338.13k	0.0024% $ 4.1m
Raymond Stevens	Independent Director	7.7yrs	US$318.13k	0% $ 0
Angela Caliendo	Member of Scientific Advisory Board	3.5yrs	no data	no data
Linda Filler	Lead Independent Director	18.8yrs	US$382.13k	0.0057% $ 10.0m
Teri List-Stoll	Independent Director	13.1yrs	US$318.13k	0% $ 0
Jessica Mega	Independent Director	4.9yrs	US$318.13k	0% $ 0
Pardis Sabeti	Director	4.9yrs	US$318.13k	0% $ 0

14.4yrs

Average Tenure

64yo

Average Age

Experienced Board: 0R2B's board of directors are seasoned and experienced ( 14.4 years average tenure).

Danaher Management

Management criteria checks 3/4

Key information

Recent management updates

Insider recently sold US$3.9m worth of stock

Danaher Corporation Announces Executive Changes

Danaher Corporation Appoints Martin Stumpe as Chief Data & Artificial Intelligence Officer

CFO & Executive VP recently sold US$5.4m worth of stock

Senior VP recently sold US$1.0m worth of stock

Danaher Corporation, Annual General Meeting, May 07, 2024

Recent updates

Third quarter 2024 earnings released: EPS: US$1.13 (vs US$1.53 in 3Q 2023)

Now 21% overvalued after recent price rise

Dividend of US$0.27 announced

Danaher Corporation (NYSE:DHR) acquired Genedata AG.

Insider recently sold US$3.9m worth of stock

Second quarter 2024 earnings released: EPS: US$1.23 (vs US$1.25 in 2Q 2023)

Upcoming dividend of US$0.27 per share

Danaher Corporation Announces Executive Changes

Danaher Corporation Appoints Martin Stumpe as Chief Data & Artificial Intelligence Officer

CFO & Executive VP recently sold US$5.4m worth of stock

Dividend of US$0.27 announced

Danaher Announces Quarterly Dividend, Payable on July 26, 2024

Senior VP recently sold US$1.0m worth of stock

First quarter 2024 earnings released: EPS: US$1.47 (vs US$1.67 in 1Q 2023)

Danaher Corporation to Report Q1, 2024 Results on Apr 23, 2024

Upcoming dividend of US$0.27 per share

Dividend of US$0.27 announced

Full year 2023 earnings released: EPS: US$5.70 (vs US$8.58 in FY 2022)

Danaher Corporation Approves Regular Quarterly Cash Dividend, Payable on April 26, 2024

Danaher Corporation, Annual General Meeting, May 07, 2024

Full year 2023 earnings released: EPS: US$5.70 (vs US$9.80 in FY 2022)

Danaher Corporation Provides Earnings Guidance for the Fourth Quarter 2023

Danaher Corporation to Report Q4, 2023 Results on Jan 30, 2024

Upcoming dividend of US$0.24 per share at 0.5% yield

Danaher Corporation (NYSE:DHR) completed the acquisition of Abcam plc (NasdaqGS:ABCM).

Danaher Corporation Announces Quarterly Dividend, Payable on January 26, 2024

Now 20% undervalued after recent price drop

Third quarter 2023 earnings released: EPS: US$1.53 (vs US$2.13 in 3Q 2022)

Now 21% undervalued after recent price drop

Upcoming dividend of US$0.27 per share at 0.5% yield

Danaher Corporation completed the Spin-Off of Veralto Corporation (NYSE:VLTO.WI).

Danaher Corporation to Report Q3, 2023 Results on Oct 24, 2023

Danaher to Provide Cepheid's Tuberculosis Test to the Global Fund At Cost

Danaher Corporation Announces Quarterly Cash Dividend, Payable on October 27, 2023

Danaher Corporation (NYSE:DHR) entered into definitive agreement to acquire Abcam plc (NasdaqGS:ABCM) for $5.7 billion.

Levi & Korsinsky Notifies Danaher Corporation Investors of A Class Action Lawsuit and Upcoming Deadline

New minor risk - Insider selling

Lead Independent Director recently sold US$1.9m worth of stock

Second quarter 2023 earnings released: EPS: US$1.50 (vs US$2.28 in 2Q 2022)

Pomerantz LLP Announces Filing of Class Action Against Danaher Corporation

Danaher Corporation(NYSE:DHR) dropped from Russell 1000 Growth Index

Upcoming dividend of US$0.27 per share at 0.5% yield

Danaher Corporation to Report Q2, 2023 Results on Jul 25, 2023

Danaher Corporation Approves Regular Quarterly Cash Dividend, Payable on July 28, 2023

Senior VP & Chief Science Officer recently sold US$121k worth of stock

First quarter 2023 earnings released: EPS: US$1.96 (vs US$2.35 in 1Q 2022)

Upcoming dividend of US$0.27 per share at 0.4% yield

Full year 2022 earnings released: EPS: US$9.80 (vs US$8.65 in FY 2021)

Veralto Corporation Announces Management Appointments

Danaher Reportedly Expresses Takeover Interest in Catalent

Full year 2022 earnings released: EPS: US$9.80 (vs US$8.65 in FY 2021)

Danaher Corporation Revises Revenue Guidance for the Fourth Quarter of 2022

Danaher Corporation to Report Q4, 2022 Results on Jan 24, 2023

Upcoming dividend of US$0.25 per share

Danaher Corporation Announces Quarterly Dividends, Payable on January 27, 2023

Executive Vice President recently sold US$774k worth of stock

Insider recently sold US$512k worth of stock

Third quarter 2022 earnings released: EPS: US$2.13 (vs US$1.56 in 3Q 2021)

Now 23% undervalued

Danaher Corporation to Report Q3, 2022 Results on Oct 20, 2022

Now 22% undervalued

Danaher Corporation Approves Regular Quarterly Cash Dividend, Payable on October 28, 2022

Executive Vice President recently sold US$3.3m worth of stock

Second quarter 2022 earnings released: EPS: US$2.28 (vs US$2.32 in 2Q 2021)

Danaher Corporation Appoints Feroz Dewan to the Board

Danaher Corporation to Report Q2, 2022 Results on Jul 21, 2022

Upcoming dividend of US$0.25 per share

SCIEX and Danaher Corporation Launches Zeno SWATH DIA

Danaher Corporation Approves Regular Quarterly Cash Dividend, Payable on July 29, 2022