Source-grounded facts extracted from Fortive Corp's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Fortive Corp shareholders approved To ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026. at the 2026-06-09 meeting.
“Proposal 3 : To ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026. The proposal was approved by a vote of the shareholders as follows: For 274,297,484 Against 16,324,999 Abstain 57,605”
Fortive Corp shareholders approved To approve on an advisory basis the Company’s named executive officer compensation. at the 2026-06-09 meeting.
“Proposal 2 : To approve on an advisory basis the Company’s named executive officer compensation. The proposal was approved by a vote of the shareholders as follows: For 265,946,471 Against 15,686,260 Abstain 174,890 Broker Non-Votes 8,872,467”
Fortive Corp shareholders approved Election of eight director nominees named in the Proxy Statement, each for a one-year term expiring at the 2027 annual meeting. at the 2026-06-09 meeting.
“On June 9, 2026, Fortive Corporation (the “Company”) held the annual meeting of shareholders of the Company (the “Annual Meeting”). At the Annual Meeting, the Company’s shareholders voted on the following three proposals: Proposal 1 : To elect the eight director nominees named in the Proxy Statement, each for a one-year term expiring at the 2027 annual meeting and until his or her respective successor is duly elected and qualified. Each nominee for director was elected by a vote of the shareholders as follows: For Against Abstain Broker Non-Votes Daniel L. Comas 278,928,126 2,820,139 59,356 8,872,467 Sharmistha Dubey 275,112,249 6,634,401 60,971 8,872,467 Rejji P. Hayes 279,148,160 2,599,621 59,840 8,872,467 Wright L. Lassiter III 278,900,251 2,847,808 59,562 8,872,467 Kate D. Mitchell 271,853,197 9,895,494 58,930 8,872,467 Gregory J. Moore 276,246,284 5,501,447 59,890 8,872,467 Jeannine Sargent 268,819,357 12,929,179 59,085 8,872,467 Olumide Soroye 281,242,738 504,101 60,782 8,872,467”
Fortive Corp entered into Indenture with Truist Bank valued at $600 million aggregate principal amount of its 4.750% Notes due 2031 and $500 million aggregate prin (effective 2026-05-14).
“On May 14, 2026, Fortive Corporation, a Delaware corporation (the “Company”), completed an underwritten offering (the “Offering”) of $600 million aggregate principal amount of its 4.750% Notes due 2031 (the “2031 notes”) and $500 million aggregate principal amount of its 5.250% Notes due 2036 (the “2036 notes” and, together with the 2031 notes, the “notes”).”
Fortive Corp incurred senior notes of $600 million aggregate principal amount of its 4.750% Notes due 2031 and $500 million aggregate principal amount of its with Truist Bank at 4.750% per annum for the 2031 notes; 5.250% per annum for the 2036 notes maturing May 15, 2031 for the 2031 notes; May 15, 2036 for the 2036 notes.
“On May 14, 2026, Fortive Corporation, a Delaware corporation (the “Company”), completed an underwritten offering (the “Offering”) of $600 million aggregate principal amount of its 4.750% Notes due 2031 (the “2031 notes”) and $500 million aggregate principal amount of its 5.250% Notes due 2036 (the “2036 notes” and, together with the 2031 notes, the “notes”).”
Fortive Corp reported first quarter of 2026 (quarter ended April 3, 2026) results: revenue $1.07 billion, net income $136 million, EPS $0.44 per diluted share (GAAP). Guidance reaffirmed.
“the significant shareholder value creation opportunity in front of us,” Mr. Soroye concluded. Financial Highlights for First Quarter 2026 , Continuing Operations • Revenue of $1.07 billion, up 7.7% year-over-year; core revenue up 5.3% • GAAP net earnings of $136 million, up 21.1% year-over-year, GAAP net earnings margin of 12.8%; adjusted EBITDA of $314 million, up”
Fortive Corp entered into Third Amended and Restated Credit Agreement with Bank of America, N.A. valued at $2.0 billion (effective 2026-03-17).
“On March 17, 2026 (the “ Closing Date ”), Fortive Corporation, a Delaware corporation (the “ Company ”), entered into a third amended and restated credit agreement (the “ Credit Agreement ”) with Bank of America, N.A. (“ Bank of America ”), as administrative agent and a swing line lender, and a syndicate of lenders from time to time party thereto, that provides for a 5-year revolving credit facility in an aggregate principal amount not to exceed $2.0 billion, which includes a multicurrency borrowing feature.”
Fortive Corp amended revolving credit of not to exceed $2.0 billion with Bank of America, N.A., as administrative agent and a swing line lender, and a syndicate of lenders at Term SOFR plus a margin of between 69 and 110 basis points maturing March 17, 2031.
“The Credit Agreement extends the availability period of the revolving credit facility from October 18, 2027 to March 17, 2031”
Fortive Corp completed a disposition involving Ralliant Corporation for one share of Ralliant common stock for every three shares of Fortive common stock held as of the Record Date (closed 2025-06-28).
“The Distribution was completed effective as of 12:01 a.m. on June 28, 2025.”
Fortive Corp incurred credit facility of $700 million senior unsecured delayed draw term loan facility, $600 million senior unsecured delayed draw term loan faci with syndicate of banks at Term SOFR Loans bear interest at Adjusted Term SOFR Reference Rate of between 87 maturing three-year term loan, eighteen month term loan, three-year revolving credit facility.
“On May 15, 2025 (the "Closing Date"), Ralliant Corporation, a Delaware corporation ("Ralliant") and wholly-owned subsidiary of Fortive Corporation, a Delaware corporation ("Fortive"), entered into a credit agreement (the "Credit Agreement") with a syndicate of banks, consisting of a three-year, $700 million senior unsecured delayed draw term loan facility (the "Three-Year Term Loan"), an eighteen month, $600 million senior unsecured delayed draw term loan facility (the "Eighteen Month Term Loan" and together with the Three-Year Term Loans, the "Term Loans") and a three-year, $750 million senior unsecured multi-currency revolving credit facility, including a $25 million sublimit for swingline loans and a $75 million sublimit for the issuance of letters of credit (the "Revolving Credit Facility" and, together with the Term Loans, the "Credit Facilities").”
Charles E. McLaughlin departed as Senior Vice President and Chief Financial Officer at Fortive Corp.
“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.”
Mark D. Okerstrom was appointed as Senior Vice President and Chief Financial Officer at Fortive Corp.
“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”
Gregory J. Moore was appointed as Director at Fortive Corp.
“Effective February 26, 2025, the Board of Directors of Fortive Corporation (the “Company”) increased the size of the Company’s Board from nine to ten members and appointed Gregory J. Moore, M.D., Ph.D., to the Board”
Sharmistha Dubey was appointed as Chair of the Board at Fortive Corp.
“effective January 28, 2025, the Board appointed Sharmistha Dubey, an independent director of the Company, as the Chair of the Board to succeed Mr. Spoon.”
Alan G. Spoon changed role as Chair of the Board at Fortive Corp.
“effective January 28, 2025, the Board appointed Sharmistha Dubey, an independent director of the Company, as the Chair of the Board to succeed Mr. Spoon.”
Alan G. Spoon departed as Director at Fortive Corp.
“On January 28, 2025, Alan G. Spoon notified the Board of Directors (the “Board”) of Fortive Corporation (the “Company”) that he has elected not to stand for re-election as a director at the Company’s 2025 Annual Meeting of Shareholders (the “Annual Meeting”) to be held on June 3, 2025, and will retire from the Board effective on the date of the Annual Meeting.”
Charles E. McLaughlin departed as Senior Vice President and Chief Financial Officer at Fortive Corp.
“In addition, on August 30, 2024, Charles E. McLaughlin notified the Company of his decision to retire as Senior Vice President and Chief Financial Officer of the Company by the end of the first quarter of 2025.”
James A. Lico departed as Director at Fortive Corp.
“On August 31, 2024, James A. Lico notified the Board of Directors of Fortive Corporation (the “Company” or “Fortive”) of his decision to retire as President and Chief Executive Officer, and as a director, of the Company, effective upon the consummation of the proposed spin-off”
James A. Lico departed as President and Chief Executive Officer at Fortive Corp.
“On August 31, 2024, James A. Lico notified the Board of Directors of Fortive Corporation (the “Company” or “Fortive”) of his decision to retire as President and Chief Executive Officer, and as a director, of the Company, effective upon the consummation of the proposed spin-off”
Fortive Corp reported the first quarter of 2024 results: revenue $1.52 billion, net income $207 million, EPS $0.58. Guidance raised.
“For the first quarter, net earnings were $207 million. For the same period, adjusted net earnings were $295 million, which excludes the $63 million gain on sale of property in our Precision Technologies Segment. Diluted net earnings per share for the first quarter was $0.58. For the same period, adjusted diluted net earnings per share was $0.83. For the first quarter, revenues increased 4% year-over-year to $1.52 billion, which included core revenue growth of 3%.”
Fortive Corp incurred senior notes of €500 million and €700 million with The Bank of New York Mellon Trust Company, N.A. at 3.700% maturing February 13, 2026 and August 15, 2029.
“On February 13, 2024, Fortive Corporation, a Delaware corporation (the “Company”), completed an offering (the “Offering”) of €500 million aggregate principal amount of its 3.700% Notes due 2026 (the “2026 notes”) and €700 million aggregate principal amount of its 3.700% Notes due 2029 (the “2029 notes” and, together with the 2026 notes, the “notes”).”
Fortive Corp entered into Indenture with The Bank of New York Mellon Trust Company, N.A. valued at €500 million aggregate principal amount of its 3.700% Notes due 2026 and €700 million aggregate prin (effective 2024-02-13).
“In connection with the issuance of the notes, the Company entered into an Indenture, dated February 13, 2024 (the “Base Indenture”), between the Company, as issuer, and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”), and a Supplemental Indenture No. 1, dated February 13, 2024 (the “First Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), between the Company, as issuer, and the Trustee, which supplemented the Base Indenture.”
Fortive Corp reported the full year 2024 results: revenue approximately $6.4 billion to $6.5 billion, EPS $2.58 to $2.70. Guidance initiated.
“For the full year 2024, Fortive anticipates revenue of approximately $6.4 billion to $6.5 billion, diluted net earnings per share of $2.58 to $2.70, and adjusted diluted net earnings per share of $3.73 to $3.85.”
Fortive Corp reported the first quarter of 2024 results: revenue approximately $1.5 billion, EPS $0.44 to $0.47. Guidance initiated.
“For the first quarter of 2024, Fortive anticipates revenue of approximately $1.5 billion, diluted net earnings per share of $0.44 to $0.47 and adjusted diluted net earnings per share of $0.77 to $0.80.”
Fortive Corp reported the full year 2023 results: revenue $6.07 billion, net income $866 million, EPS $2.43.
“per share for the full year was $2.43. For the same period, adjusted diluted net earnings per share was $3.43. For the full year, revenues increased 4% year-over-year to $6.07 billion, which included core revenue growth of 5%. James A. Lico, President and Chief Executive Officer, stated, “Fortive generated outstanding operating performance in the fourth”
Fortive Corp reported the quarter ended December 31, 2023 results: revenue $1.58 billion, net income $265 million, EPS $0.75.
“share for the fourth quarter was $0.75. For the same period, adjusted diluted net earnings per share was $0.98. For the fourth quarter, revenues increased 4% year-over-year to $1.58 billion, which included core revenue growth of 3%. For the full year, net earnings were $866 million. For the same period, adjusted net earnings were $1.2 billion. Diluted net earnings”
Fortive Corp incurred term loan of aggregate principal amount of $1.3 billion with Sumitomo Mitsui Banking Corporation at Term SOFR plus a margin of between 75 and 125 basis points maturing no later than December 12, 2024.
“entered into a term loan credit agreement with Sumitomo Mitsui Banking Corporation, as administrative agent, and a syndicate of lenders from time to time party thereto, which provides for a delayed-draw term loan facility in an aggregate principal amount of $1.3 billion”
Fortive Corp entered into Term Loan Credit Agreement with Sumitomo Mitsui Banking Corporation valued at delayed-draw term loan facility in aggregate principal amount of $1.3 billion (effective 2023-12-07).
“On December 7, 2023 (the “ Closing Date ”), Fortive Corporation, a Delaware corporation (the “ Company ”), entered into a term loan credit agreement with Sumitomo Mitsui Banking Corporation, as administrative agent, and a syndicate of lenders from time to time party thereto, which provides for a delayed-draw term loan facility in an aggregate principal amount of $1.3 billion (the “ Term Loan Credit Agreement ”).”
Fortive Corp reported the quarter ended September 29, 2023 results: revenue $1.49 billion, net income $218 million, EPS $0.61. Guidance reaffirmed.
“share for the third quarter was $0.61. For the same period, adjusted diluted net earnings per share was $0.85. For the third quarter, revenues increased 2.6% year-over-year to $1.49 billion, which included core revenue growth of 2.5%. James A. Lico, President and Chief Executive Officer, stated, “Our results in the third quarter once again reflected the durability”
Fortive Corp reported the quarter ended June 30, 2023 results: revenue $1.53 billion, net income $209 million, EPS $0.59. Guidance raised.
“Fortive Reports Strong Second Quarter 2023 Results Raises Full Year 2023 Outlook • Q2 revenue of $1.53 billion, up 4.3% with core growth of 5.5% reflecting strong contributions from all segments • Operating margin up 320 basis points to 19%; Record adjusted operating margin of 26%, up 190 basis points • Q2 GAAP EPS of $0.59, up 23%; Adjusted EPS of $0.85, up 9% • Raises 2023 outlook: GAAP EPS of $2.38-$2.44, up 13%-16%; Adjusted EPS of $3.36-$3.42, up 7%-9%”
Fortive Corp shareholders rejected Shareholder proposal seeking ratification of termination pay. at the 2023-06-06 meeting.
“Proposal 5 : To consider and act upon a shareholder proposal seeking shareholder ratification of termination pay. The proposal was rejected by a vote of the shareholders as follows: For 22,436,436 Against 294,052,563 Abstain 1,157,498 Broker Non-Votes 10,540,776”
Fortive Corp shareholders approved Ratification of selection of Ernst & Young LLP as independent registered public accounting firm for 2023. at the 2023-06-06 meeting.
“Proposal 4 : To ratify the selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023. The proposal was approved by a vote of the shareholders as follows: For 317,262,372 Against 10,718,172 Abstain 206,729”
Fortive Corp shareholders voted on Advisory vote on frequency of future shareholder advisory votes on named executive officer compensation. at the 2023-06-06 meeting.
“Proposal 3 : To hold an advisory vote relating to the frequency of future shareholder advisory votes on the Company’s named executive officer compensation. The option of every “One Year” received the highest number of votes by the shareholders as follows: One Year 314,465,789 Two Years 83,420 Three Years 2,946,983 Abstain 150,305 Broker Non-Votes 10,540,776 Based on the voting results set forth above with respect to Proposal 3 and consistent with the Board’s prior recommendation, the Board of Directors has adopted a policy to hold an annual advisory vote on named executive officer compensation until the next required vote on the frequency of future shareholder advisory votes on the Company’s named executive officer compensation.”
Fortive Corp shareholders approved Advisory vote to approve named executive officer compensation. at the 2023-06-06 meeting.
“Proposal 2 : To approve on an advisory basis the Company’s named executive officer compensation. The proposal was approved by a vote of the shareholders as follows: For 227,318,216 Against 89,673,418 Abstain 654,863 Broker Non-Votes 10,540,776”
Fortive Corp shareholders approved Election of nine director nominees named in the Proxy Statement, each for a one-year term until the 2024 annual meeting. at the 2023-06-06 meeting.
“Proposal 1 : To elect the nine director nominees named in the Company’s Proxy Statement filed with the U.S. Securities and Exchange Commission on April 24, 2023, each for a one-year term expiring at the 2024 annual meeting and until his or her respective successor is duly elected and qualified. Each nominee for director was elected by a vote of the shareholders as follows: For Against Abstain Broker Non- Votes Eric Branderiz 316,949,529 525,495 171,473 10,540,776 Daniel L. Comas 312,898,790 4,578,359 169,348 10,540,776 Sharmistha Dubey 310,566,994 6,906,777 172,726 10,540,776 Rejji P. Hayes 316,727,067 744,813 174,617 10,540,776 Wright L. Lassiter III 313,026,937 4,448,779 170,781 10,540,776 James A. Lico 316,770,791 700,558 175,148 10,540,776 Kate D. Mitchell 303,822,291 13,656,968 167,238 10,540,776 Jeannine Sargent 315,051,985 2,419,993 174,519 10,540,776 Alan G. Spoon 286,499,440 30,536,120 610,937 10,540,776”
Fortive Corp reported first quarter 2023 results: revenue $1.46 billion, net income $174 million, EPS $0.49. Guidance raised.
“For the first quarter, net earnings were $174 million. For the same period, adjusted net earnings were $267 million. Diluted net earnings per share for the first quarter was $0.49. For the same period, adjusted diluted net earnings per share was $0.75. For the first quarter, revenues increased 6% year-over-year to $1.46 billion”
Tamara S. Newcombe changed role as President and CEO of the Precision Technologies and Advanced Healthcare Solutions segments at Fortive Corp.
“Effective July 1, 2023, Tamara S. Newcombe, who is currently the President and CEO of the Precision Technologies segment of the Company, will expand her leadership responsibilities to include the Advanced Healthcare Solutions segment as the President and CEO of the Precision Technologies and Advanced Healthcare Solutions segments.”
Patrick Murphy retired as President and CEO of the Advanced Healthcare Solutions segment at Fortive Corp.
“On April 24, 2023, Patrick Murphy, the President and CEO of the Advanced Healthcare Solutions segment, notified the Company that he will retire from the Company by December 31, 2023, with transition from his current position effective July 1, 2023.”
Fortive Corp reported the full year 2023 results: revenue $5.95 billion to $6.10 billion, EPS $2.30 to $2.45. Guidance initiated.
“For the full year 2023, Fortive anticipates revenue of $5.95 billion to $6.10 billion, diluted net earnings per share from continuing operations of $2.30 to $2.45, and adjusted diluted net earnings per share from continuing operations of $3.25 to $3.40.”
Fortive Corp reported the first quarter of 2023 results: revenue $1.40 billion to $1.44 billion, EPS $0.47 to $0.50. Guidance initiated.
“For the first quarter of 2023, Fortive anticipates revenue of $1.40 billion to $1.44 billion, diluted net earnings per share from continuing operations of $0.47 to $0.50 and adjusted diluted net earnings per share from continuing operations of $0.71 to $0.74.”
Fortive Corp reported the full year ended December 31, 2022 results: revenue $5.83 billion, net income $755 million, EPS $2.10.
“For the full year, net earnings from continuing operations were $755 million. For the same period, adjusted net earnings from continuing operations were $1.13 billion. Diluted net earnings per share from continuing operations for the full year were $2.10. For the same period, adjusted diluted net earnings per share from continuing operations were $3.15. For the full year, revenues from continuing operations increased 10.9% year-over-year to $5.83 billion, which included core revenue growth of 10.1%.”
Fortive Corp reported the fourth quarter ended December 31, 2022 results: revenue $1.53 billion, net income $227 million, EPS $0.64.
“For the fourth quarter, net earnings from continuing operations were $227 million. For the same period, adjusted net earnings from continuing operations were $313 million. Diluted net earnings per share from continuing operations for the fourth quarter were $0.64. For the same period, adjusted diluted net earnings per share from continuing operations were $0.88. For the fourth quarter, revenues from continuing operations increased 11% year-over-year to $1.53 billion, which included core revenue growth of 14%.”
Eric Branderiz was appointed as Director at Fortive Corp.
“appointed Eric Branderiz to the Board with a term commencing on January 1, 2023 and expiring at the 2023 Annual Meeting of Shareholders”
Fortive Corp: Amended bylaws to implement universal proxy rules, adding requirements for stockholder nominees and solicitation thresholds (effective 2022-11-03).
“On November 3, 2022, the board of directors of Fortive Corporation, a Delaware corporation (the “ Company ”), adopted the Company’s amended and restated bylaws (the “ Amended Bylaws ”), effective as of such date, in connection with the universal proxy rules adopted by the U.S. Securities and Exchange Commission.”
Feroz Dewan resigned as Director at Fortive Corp.
“On December 16, 2021, Feroz Dewan notified the Board of Director of the Company of his decision to resign as a director of the Company for personal reasons unrelated to the Company, with such resignation effective December 31, 2021.”
Wright Lassiter III was appointed as Director at Fortive Corp.
“appointed Wright Lassiter III to the Board with a term commencing on January 1, 2022”
Tami Newcombe changed role as President and CEO of the Precision Technologies segment at Fortive Corp.
“Tami Newcombe, who is currently a Group President of the Company and the President of Tektronix, Inc., an operating company within the Company, will transition to become the President and CEO of the Precision Technologies segment of the Company.”
Patrick Murphy changed role as President and CEO of the Advanced Healthcare Solutions segment at Fortive Corp.
“Effective January 1, 2022, Patrick Murphy, who is currently the President and CEO of the Precision Technologies segment of the Company, will transition to become the President and CEO of the Advanced Healthcare Solutions segment of the Company”
Barbara Hulit retired as President and CEO of the Advanced Healthcare Solutions segment at Fortive Corp.
“On October 17, 2021, Barbara Hulit, the President and CEO of the Advanced Healthcare Solutions segment of Fortive Corporation (the “Company”), notified the Company that she will retire from such position, effective December 31, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.