tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Thermo Fisher Announces Planned Executive Leadership Transitions

Story Highlights
Thermo Fisher Announces Planned Executive Leadership Transitions

Claim 70% Off TipRanks Premium

Thermo Fisher ( (TMO) ) has provided an announcement.

Thermo Fisher Scientific announced that two senior executives, Executive Vice President and Chief Operating Officer Michel Lagarde and Executive Vice President Frederick M. Lowery, will leave the company in 2026 to pursue other opportunities, with Lagarde departing on March 31, 2026, and Lowery on February 28, 2026. Effective March 1, 2026, the company will implement a new organizational structure under which Marc N. Casper will serve as Chairman and Chief Executive Officer, Gianluca Pettiti will be promoted to President and Chief Operating Officer, and Michael Shafer will assume an expanded executive role reporting directly to the CEO, signaling a planned leadership transition and continuity in its long-term management strategy.

The most recent analyst rating on (TMO) stock is a Buy with a $700.00 price target. To see the full list of analyst forecasts on Thermo Fisher stock, see the TMO Stock Forecast page.

Spark’s Take on TMO Stock

According to Spark, TipRanks’ AI Analyst, TMO is a Outperform.

Thermo Fisher’s overall stock score reflects strong financial health and strategic initiatives, offset by valuation concerns and mixed technical indicators. The company’s robust earnings call and corporate events support future growth, but challenges in cash flow and certain market segments warrant caution.

To see Spark’s full report on TMO stock, click here.

More about Thermo Fisher

Thermo Fisher Scientific is a global scientific instruments and life sciences company that provides analytical equipment, laboratory products, diagnostics, and related services to pharmaceutical, biotechnology, academic, government, and industrial customers.

Average Trading Volume: 1,739,881

Technical Sentiment Signal: Buy

Current Market Cap: $227.9B

For an in-depth examination of TMO stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1