---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-048954"
form_type: "8-K"
ticker: "FTV"
cik: "0001659166"
company_name: "Fortive Corp"
filed_at: "2025-03-07T23:59:59+00:00"
generated_at: "2026-05-25T03:46:23.931907+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Fortive appoints Mark Okerstrom as CFO effective March 24, 2025; McLaughlin retires

## Summary
- Mark Okerstrom named SVP & CFO, effective March 24, 2025, succeeding Charles McLaughlin who retires but remains through Dec 2025.
- Okerstrom previously at Bain & Company and Advent International; former Expedia CFO/CEO (2011–2019) and President/COO of Convoy.
- Compensation: $800k base salary, 125% target bonus, $2.5M cash sign-on (two installments), $10M one-time equity, $6M annual equity.
- One-time equity: 50% PSUs (3-year performance + 1-year hold), 25% stock options, 25% RSUs (both vest 50% at year 3 and 4).
- Sign-on awards include a make-whole payment for forfeited compensation from previous position.

## SEC filing metadata
- accession: 0001193125-25-048954
- form_type: 8-K
- ticker: FTV
- cik: 0001659166
- company_name: Fortive Corp
- filed_at: 2025-03-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1659166/000119312525048954/0001193125-25-048954-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1659166/000119312525048954/d940041d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-048954
- JSON: https://secwatch.observer/filing/0001193125-25-048954.json
- Plain text: https://secwatch.observer/filing/0001193125-25-048954.txt

## Key facts
- Executive change
  Mark D. Okerstrom was appointed as Senior Vice President and Chief Financial Officer at Fortive Corp.
  - Action: appointed
  - Role: Senior Vice President and Chief Financial Officer
  source text: On March 4, 2025, the Board of Directors of Fortive Corporation (the “Company”) appointed Mark D. Okerstrom as Senior Vice President and Chief Financial Officer of the Company, effective March 24, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/1659166/000119312525048954/0001193125-25-048954-index.htm
- Executive change
  Charles E. McLaughlin departed as Senior Vice President and Chief Financial Officer at Fortive Corp.
  - Action: retire
  - Role: Senior Vice President and Chief Financial Officer
  source text: Mr. Okerstrom will succeed Charles E. McLaughlin, who will retire from his role as Senior Vice President and Chief Financial Officer of the Company on the Effective Date and will continue to serve in a non-executive officer role with the Company through December 31, 2025 to assist with the transition.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1659166/000119312525048954/0001193125-25-048954-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.