Leadership

Fortive Leaders

Jim Lico
, President & Chief Executive Officer
Jim Lico


As Fortive’s founding President and Chief Executive Officer, Jim drives Fortive’s overall vision, drawing on two decades of deep experience at Danaher.

Jim is uniquely positioned to build extraordinary teams for extraordinary results at Fortive. He joined Danaher in 1996 as Vice President Operations of Veeder-Root in Altoona, Pennsylvania, and was tapped for roles of increasing responsibility before being appointed Danaher Executive Vice President and member of the Danaher Office of the Chief Executive. During his tenure, his multi-industry responsibilities focused on test and measurement, transportation technologies and industrial technologies.

Jim has also had corporate responsibility for Danaher Corporate Procurement and served as Danaher’s executive leader for the Emerging Market Regional Boards of China, Japan, India and Middle East. Jim ran the Danaher Business System (DBS) from 2004 to 2005 and will ensure that its key principles continue to guide the Fortive Business System (FBS).

“I am committed to building the Fortive and FBS culture and ensuring the company exceeds our customers, shareholders and employees’ expectations.”

Prior to Danaher, Jim held positions of progressively broader scope at AlliedSignal and General Motors. He serves as a member of the Board of Directors of NetScout Systems, a publicly traded network technology company headquartered in Boston, Massachusetts. He holds a BS from the University of Michigan and a Masters in Management from Northwestern University. Jim lives in Seattle, Washington, with his wife Maureen and three children.

Chuck McLaughlin
, Senior Vice President & Chief Financial Officer
Chuck McLaughlin


As Senior Vice President and Chief Financial Officer, Chuck McLaughlin leads Fortive’s financial operations. With his strong finance background and ample experience in M&A, Chuck helps Fortive leadership create shareholder value by driving Fortive’s financial planning and M&A agendas.

Chuck was previously Chief Financial Officer at Beckman Coulter Diagnostics, while also serving as Group CFO of Danaher’s $4.7 billion Diagnostics platform. With a focus on growing the platform and its businesses, he was instrumental in integrating Beckman Coulter into Danaher. He played a key role in several major acquisitions, including IRIS International and MicroScan for Beckman Coulter, Devicor for Leica Biosystems, and Hemocue for Radiometer.

Chuck originally joined Danaher in 2007 with the acquisition of Tektronix where, as Vice President and CFO, he led the integration of the Danaher Business System in the company’s financial planning and reporting functions, and played a key role in developing talent within the finance function.

Chuck joined Tektronix from Hewlett Packard in 1995 as a business unit controller. He briefly left to serve as CFO of a start-up, but returned in 2004 as corporate controller, and continued to assume broader responsibilities within the finance team. Chuck holds a BS in Finance from the University of Oregon and received his MBA from Willamette University.

Pat Byrne
, Senior Vice President
Pat Byrne


As Senior Vice President with responsibility for our Product Realization businesses, Pat Byrne will draw upon more than 30 years of management and product development expertise in the high technology industry.

Pat joined Danaher in 2012 as Vice President, Strategy and Chief Technology Officer for the company’s Test and Measurement segment. During his tenure he drove strategic market development, business development and M&A. In July 2014, he was named President of Tektronix—an industry leader in Test and Measurement products and services.

Pat’s role at Fortive is a natural step in a career focused on developing new technologies and pushing innovation into the market.

“Product Realization is essential to innovation as our customers respond to changing market opportunities and requirements. As their time-to-market demands accelerate, we partner with them to enable rapid commercialization. Every day, our technologies and expertise help our customers to break down the barriers between the inspiration and realization of world-changing technologies.”

Before joining Danaher, Pat had already made a name for himself in high technology industries. From 2007–2012, he served as President and CEO of Intermec Technologies, a publicly traded company in the Automation Identification and Data Capture market. Before running Intermec, Pat served in several leadership roles at Agilent, most recently as President of Agilent’s Electronic Measurement Group. Pat started his career at Hewlett-Packard in 1983 and worked in various leadership roles in R&D, technology development, marketing, quality and general management.

Pat is a member of the Board of Directors of Micron Technology, Inc. a publically traded global leader in memory solutions, based in Boise, Idaho. He holds a BS in Electrical Engineering from the University of California, Berkeley and an MS in Electrical Engineering from Stanford University. Pat is the father of three grown children and lives with his wife, Kim, in Portland, Oregon.

Martin Gafinowitz
, Senior Vice President
Martin Gafinowitz


Leveraging 25 years of international and industry experience, Martin Gafinowitz has global responsibility for Fortive’s Transportation Technologies platform.

A recognized leader in the petroleum industry, Martin has a long history with Danaher and its operating companies. He joined Veeder-Root in 1992, when Normond Instruments—a tank gauge company—was acquired by Danaher. Based in the UK, Martin then served as Veeder-Root’s Director of Sales and Marketing in Europe and Asia. In 2000, he was promoted within Veeder-Root to Vice President of Sales and Marketing, then Vice President and General Manager, before being appointed President of Gilbarco North America and Global Strategy in April 2003. In this role, Martin drove Gilbarco’s North American business and provided global leadership to point-of-sale systems and station equipment.

In 2005, Martin was appointed Group Executive for Danaher, as well as President of Gilbarco Veeder-Root globally. During his tenure at Danaher, he and his team have transformed a basic fuel dispenser business into a comprehensive provider of fueling systems through a mix of strategic acquisition and a focus on organic growth.

“We win in a number of ways, but mostly we win through an unparalleled product portfolio and a tremendous installed base that we are continuing to develop around the world.”

Martin graduated with a focus on Business Economics and Commercial Law from the University of the Witwatersrand, Johannesburg, South Africa. He and his family live in Chapel Hill, North Carolina.

Barbara Hulit
, Senior Vice President
Barbara Hulit


Barbara Hulit oversees the Fortive Business System (FBS) Office, High Growth Markets, IT and Procurement, bringing vision, experience and a commitment to innovation to her role.

Barbara originally joined Danaher in 2005 as President of the Fluke Corporation, and was appointed Group Executive and Danaher Corporate Officer three years later.

In 2013, she was promoted to Senior Vice President of the Danaher Business System (DBS) Office, with company-wide responsibilities for its Fundamentals, Growth, Lean and Leadership toolsets. Barbara played a key role in developing the DBS Growth Tools. This experience, combined with her business acumen and keen insight, will be invaluable in implementing the Fortive Business System (FBS) across all operating companies.

“You take our great talent base with the power of FBS, and you see extraordinary things happen.”

Prior to joining Danaher, Barbara spent 13 years focusing on strategy and business development as Vice President and Director at The Boston Consulting Group in Chicago. She also served in sales and marketing roles with Noxell Corporation, PepsiCo and Marketing Corporation of America.

Barbara serves on the board of the Pacific Science Center and the Dean’s Advisory Council of the Kellogg Graduate School of Management. Named one of the top women in STEM for her role in establishing the Washington STEM Center, she is passionate about driving STEM education from an early age, particularly for girls. She earned her BBA in Marketing from the University of Texas, Austin and her MBA from the Kellogg School at Northwestern.

Barbara lives in the Seattle area with her son where she enjoys the beauty of the Pacific Northwest with hiking, mountain climbing, biking, swimming and running.

Pat Murphy
, Senior Vice President
Pat Murphy


Pat Murphy oversees Fortive’s sensing technologies and automation & specialty platforms. Pat originally joined Danaher in 2014 as group president of automation, drawing on 30+ years of experience in industrial technologies and a strong background in management and technology to drive breakthrough innovation and performance.

“I’m excited for the opportunity to work with the extraordinary team at Fortive. Our passion for innovation and our culture of continuous improvement will set us apart.”

Pat began his career at Emerson where he spent more than 25 years in roles of increasing responsibility, including operations, sales and marketing as well as strategic planning and business development. His leadership roles included responsibility for Emerson’s motor and appliance components businesses. Prior to joining Danaher, Pat spent 3 years as the CEO of Nidec Motor Corporation and president of the appliance, commercial and industrial motors business unit of Nidec Corporation.

Pat has a BS in engineering from Cornell University and an MBA from St. Louis University. He serves on several boards, including the United Way of Greater St. Louis and Rebuilding Together St. Louis, and is a member of the Chancellor’s Council at the University of Missouri St. Louis. Pat lives in St. Louis, Missouri with his wife and two sons.

Wes Pringle
, Senior Vice President
Wes Pringle


Wes Pringle leads Fortive’s field solutions platform, which monitors and ensures uninterrupted operations for critical infrastructure.

Wes joined Danaher in 2012 as president of Fluke Industrial and was named president of Fluke a year later. He successfully led the company to strong growth and margin expansion, and was instrumental in the development of Fluke Connect, which helps streamline preventive maintenance workflows and improve safety through wireless-enabled test instruments.

“We hold an incredibly unique position in the field solutions industry. We’re at our best when the stakes are high. Our rugged, reliable technologies are essential because there is no room for compromise when the goal is keeping our customers safe.”

Prior to joining Danaher, Wes advanced through a series of sales, marketing and general management roles at Whirlpool Corporation, Pfizer Consumer Healthcare and Johnson & Johnson, working in both Canada and the United States.

Wes has a BS from the University of Manitoba and an MBA from Ivey Business School at the University of Western Ontario. A board member of the United Way of Snohomish County, Wes lives in the Seattle area.

Raj Ratnakar
, Vice President, Strategic Development
Raj Ratnakar


As Vice President, Raj Ratnakar brings strategic thinking, operating experience and deep domain knowledge in a wide range of industries to lead strategic development at Fortive. With his eye on the company’s growth, Raj drives the annual strategic planning process for Fortive operating companies and co-owns the M&A process with Corporate Development.

At Fortive, Raj and his team of market and strategy experts are responsible for identifying investment opportunities that will strengthen Fortive’s strategic direction and evolve its portfolio. They seek out innovations and product breakthroughs that advance industries for the benefit of all stakeholders.

“Fortive has the unique opportunity to lead the transformation of the industrial world from a hardware centric model to one that is driven by software, sensors, mobility and data analytics. We’re addressing the most complex workflow needs of our customers, while extending our track record of consistently creating value for our shareholders.”

Prior to Fortive, Raj joined Danaher in 2012 and led work that defined the attractiveness of more than $200B in market space, paving the way for large capital deployment opportunities. During this time, Raj worked closely with Danaher’s 40 operating companies to help develop their strategic plans and growth strategies.

Prior to Danaher, Raj served as Head of Strategy at Tyco Electronics, where he established and streamlined the annual strategic planning process, shaped growth strategies for its business units, led bottoms-up growth plans in emerging market and led key portfolio shaping efforts that culminated in several large acquisitions and a divestiture. Before Tyco, Raj worked for McKinsey & Company, helping clients in the telecom, software and technology sectors deal with growth challenges, portfolio shaping and acquisitions efforts.

Raj holds an MBA from The Wharton School, University of Pennsylvania, an MS in Mechanical Engineering from the University of Maryland and a B. Eng., Manufacturing Engineering from Bangalore University. He lives in Philadelphia.

Jon Schwarz
, Vice President, Corporate Development
Jon Schwarz


As vice president of corporate development, Jon Schwarz leads a team focused on M&A and investment activity for Fortive, including transaction sourcing, valuation, due diligence and negotiations.

Jon joined Danaher’s corporate development team in 2005 and held roles of progressive responsibility. In eleven years at Danaher, he led 50 completed transactions, expanding and shaping the Danaher portfolio via new platforms, entry into adjacent markets, bolt-on acquisitions and strategic divestitures. He played a key role in many of Danaher’s largest and most complex transactions, including the acquisitions of Pall, Tektronix and SCIEX, as well as the Reverse Morris Trust of Danaher’s communications business with NetScout. Jon has also been a strategic partner to the leaders of our operating businesses, serving as a member of the Fortive Leadership Team and as a member of advisory and oversight boards for selected businesses.

Jon has been a strong practitioner and leader of the Danaher Business System, driving continuous improvement of the M&A process and fostering innovation through investments and acquisitions to build competitive advantage and shareholder value.

“I am energized and deeply committed to helping Fortive maximize its unique potential—building upon a foundation of strong businesses united by the Fortive Business System through smart, strategic deployment of capital in M&A.”

Before joining Danaher, Jon worked in investment banking at Houlihan Lokey and JPMorgan Securities. He began his M&A career practicing corporate law. He has a BA in international studies from The Johns Hopkins University, an MA in international relations from The Johns Hopkins University–Paul H. Nitze School of Advanced International Studies and a JD from Columbia University School of Law. Jon lives in the Seattle, Washington area, where he shares a passion for the outdoors with his wife and three children.

Peter Underwood
, Senior Vice President & General Counsel
Peter Underwood


Peter Underwood leads Fortive’s global legal organization, including compliance, securities and governance, litigation, labor and employment, M&A, intellectual property and risk capabilities. He also oversees the company’s environment, health and safety and regulatory affairs/quality affairs functions.

Before joining Fortive, Peter served as vice president, general counsel and secretary at Regal Beloit Corporation in Beloit, Wisconsin for five years. In that role, Peter was responsible for all legal activities and staff, and negotiated and closed M&A transactions in jurisdictions around the world to help grow the company from $1.8B to nearly $4B. Peter came to Regal Beloit from the Milwaukee office of Foley & Lardner LLP, where he was a partner specializing in M&A, securities laws, reporting compliance and corporate governance.

Peter brings extensive experience with a wide variety of domestic and international corporate transactions, with a particular focus on advising public and private manufacturing businesses. Peter’s leadership and legal expertise will help strengthen Fortive’s strong culture of integrity and compliance.

“Fortive is an exciting company with a strong track record of success. As a legal team, we look forward to helping its businesses achieve their goals while ensuring safety, effective compliance, and the highest standards of ethics and integrity.”

Peter holds a JD from Harvard Law School and a BA in international relations and Soviet studies from the University of Wisconsin, Madison. He studied Russian language and culture at Moscow State University in Moscow, Russia. He lives in Duvall, Washington.

Stacey Walker
, Senior Vice President, Human Resources
Stacey Walker


As senior vice president of human resources, Stacey leads Fortive’s talent acquisition, development and retention efforts. She is responsible for driving Fortive’s culture and values deep into our worldwide organization and partnering with our operating companies to build strong teams and sustainable processes.

Prior to Fortive, Stacey spent 10 years at Danaher in a number of roles with increasing scope. She supported Danaher’s Industrial Technologies and Environmental segments before being tapped to lead global talent management on a corporate level. In this role, she cultivated companywide talent strategies, including learning and talent development, performance management and succession planning.

“Our success is determined by the quality of the people we have on our team. Our people are restless—they want to learn, they want to grow—and we want to enable them. Our extraordinary team delivering extraordinary results everyday.”

Before joining Danaher, Stacey held HR roles at Honeywell International – as director, Americas and China, and global talent director for the friction materials group. Stacey has a BA in history and political science from the University of Windsor, Ontario, Canada. She lives in Edmonds, Washington with her husband and son.

Emily Weaver
, Chief Accounting Officer
Emily Weaver


As chief accounting officer, Emily Weaver oversees Fortive’s accounting and reporting functions, including regulatory compliance, internal and external reporting, forecasting and financial strategy. Emily also served as the project leader for the Fortive Launch Planning Team that created and executed on the strategy for a successful separation.

“I’m proud to have been part of the team that launched Fortive. The launch process demonstrated how effectively the Fortive Business System increases efficiency, and the finance team will continue to build on our strong foundation there, alongside our commitment to compliance. FBS is the cornerstone of our culture and ensures we meet our stakeholders’ objectives.”

Emily joined Danaher in 2013, where she strengthened the company’s financial planning and analysis capabilities and led the implementation of new accounting pronouncements. She served as vice president of finance, with wide-ranging responsibilities including preparing financial reports for SEC filings, consulting with operating companies on business and accounting issues, and overseeing Danaher’s finance talent development and management.

Prior to Danaher, Emily spent five years with General Electric, first with the Corporate Audit Staff and later as the deputy controller for GE’s Transportation Segment. She has also worked at the Public Company Accounting Oversight Board and PricewaterhouseCoopers LLC.

Emily has a BA in business economics from the University of California, Santa Barbara. She lives in the Seattle area with her husband, Chris, and their son. 

Board of Directors

James A. Lico
Jim Lico


As Fortive’s founding President and Chief Executive Officer, Jim Lico drives Fortive’s overall vision, drawing on two decades of deep experience at Danaher.

Jim is uniquely positioned to build extraordinary teams for extraordinary results at Fortive. He joined Danaher in 1996 as Vice President Operations of Veeder-Root in Altoona, Pennsylvania, and was tapped for roles of increasing responsibility before being appointed Danaher Executive Vice President and member of the Danaher Office of the Chief Executive. During his tenure, his multi-industry responsibilities focused on test and measurement, transportation technologies and industrial technologies.

Jim has also had corporate responsibility for Danaher Corporate Procurement and served as Danaher’s executive leader for the Emerging Market Regional Boards of China, Japan, India and Middle East. Jim ran the Danaher Business System (DBS) from 2004 to 2005 and will ensure that its key principles continue to guide the Fortive Business System (FBS).

“I am committed to building the Fortive and FBS culture and ensuring the company exceeds our customers, shareholders and employees’ expectations.”

Prior to Danaher, Jim held positions of progressively broader scope at AlliedSignal and General Motors. He serves as a member of the Board of Directors of NetScout Systems, a publicly traded network technology company headquartered in Boston, Massachusetts. He holds a BS from the University of Michigan and a Masters in Management from Northwestern University. Jim lives in Seattle, Washington, with his wife Maureen and three children.

Kate D. Mitchell

Kate D. Mitchell has served as a partner and co-founder of Scale Venture Partners, a Silicon Valley- based firm that invests in early-in-revenue technology companies, since 1997. Prior to her current role, Ms. Mitchell served with Bank of America, a multinational banking and financial services corporation, from 1988 to 1996, most recently as Senior Vice President for Bank of America Interactive Banking. Ms. Mitchell currently serves on the boards of directors of Silicon Valley Bank, Silicon Valley Community Foundation and other private company boards on behalf of Scale Venture Partners. Ms. Mitchell’s qualifications include, among other factors, extensive experience in the technology industry as well experience in the areas of business management and operations, finance and executive compensation.

Feroz Dewan

Feroz Dewan has served on Fortive’s Board of Directors since 2016. He is the CEO of Arena Holdings Management LLC, an investment holding company. In addition, Mr. Dewan has served in a series of positions with Tiger Global Management, an investment firm with approximately $20 billion under management across public and private equity funds, from 2003 to 2015, including most recently as Head of Public Equities. He also served as a Private Equity Associate at Silver Lake Partners, a firm focused on leveraged buyouts and growth capital investments in technology and related industries, from 2002 to 2003. Mr. Dewan’s experience is with technology and areas of financial matters, such as risk management and corporate governance. As of October 2016, Mr. Dewan serves as a director to The Kraft Heinz Company.

Mitchell P. Rales

Mitchell P. Rales has served on Fortive’s Board of Directors since 2016. He is a co-founder of Danaher Corporation and has served on the board of directors of Danaher since 1983, serving as Chairman of the Executive Committee of Danaher since 1984. He was also President of Danaher from 1984 to 1990. In addition, for more than the past five years he has been a principal in private and public business entities in the manufacturing area. Mr. Rales is also a member of the board of directors of Colfax Corporation, and is a brother of Steven M. Rales.

The strategic vision and leadership of Mr. Rales and his brother, Steven Rales, helped create the Danaher Business System and have guided Danaher down a path of consistent, profitable growth that continues today. In addition, as a result of the substantial ownership stake that Mr. Rales has in Fortive, he is well-positioned to understand, articulate and advocate for the rights and interests of Fortive’s shareholders.

Steven M. Rales

Steven M. Rales has served on Fortive’s Board of Directors since 2016. He is a co-founder of Danaher and has served on the board of directors of Danaher since 1983, serving as Danaher’s Chairman of the board of directors since 1984. He was also CEO of Danaher from 1984 to 1990. In addition, for more than the past five years he has been a principal in a private business entity in the area of film production. Mr. Rales is a brother of Mitchell P. Rales.

The strategic vision and leadership of Mr. Rales and his brother, Mitchell Rales, helped create the Danaher Business System and have guided Danaher down a path of consistent, profitable growth that continues today. In addition, as a result of the substantial ownership stake that Mr. Rales has in Fortive, he is well-positioned to understand, articulate and advocate for the rights and interests of Fortive’s shareholders.

Israel Ruiz

Israel Ruiz has been the Executive Vice President and Treasurer at Massachusetts Institute of Technology (MIT), a private research university of science and technology, since 2011. In this role, Mr. Ruiz oversees all principal administrative and financial functions of MIT. Prior to his current role, Mr. Ruiz served as the Vice President for Finance for MIT from 2007 to 2011 and as a principal for MIT’s Office of Budget and Financial Planning from 2001 to 2007. Mr. Ruiz’s qualifications include, among other factors, his financial and accounting expertise and experience in the areas of business management and operations.

Alan G. Spoon

Alan G. Spoon serves as Chairman of the Board. Mr. Spoon has served on Danaher’s Board of Directors since 1999. He has served as Partner Emeritus of Polaris Partners, a company that invests in private technology and life science firms, since January 2015. Mr. Spoon has been a partner at Polaris since May 2000, and served as Managing General Partner from 2000 to 2010. Mr. Spoon is also a member of the board of directors of each of IAC/InterActiveCorp., Match Group, Inc. and Cable One, Inc. In addition to his leadership role at Polaris Partners, Mr. Spoon previously served as president, chief operating officer and chief financial officer of one of the country’s largest, publicly-traded education and media companies, and has served on the boards of numerous public and private companies. His public company leadership experience gives him insight into business strategy, leadership and executive compensation and his public company and private equity experience give him insight into technology trends, acquisition strategy and financing, each of which represents an area of key strategic opportunity for Fortive.