Fortive (FTV) Corporation announced that its Board of Directors has appointed Sharmistha “Shar” Dubey as the Chair of the Board. Ms. Dubey succeeds Alan G. Spoon who has notified the Board that he will retire from the Board and not stand for reelection at the upcoming Annual General Meeting in June 2025. “It has been a privilege to serve as Chair of Fortive’s Board of Directors since its spin-off from Danaher over eight years ago,” said Mr. Spoon. “As we progress towards the completion of the previously announced separation of the Precision Technologies segment, this is the right time to elevate new leadership to guide the company in its next exciting chapter. Shar has extensive strategic, operational, and executive leadership experience as well as deep knowledge of Fortive, which will serve the Board, the company, and our shareholders well. I have the utmost faith in her ability to continue to steward innovation and success at Fortive.”
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