Fortive Leadership Team

At Fortive, you can work with and learn from the best in a dynamic and diverse environment. Our top-notch leaders have been shaped by and learned from the same tools that help every Fortive team member accelerate professional growth.

Corporate Leaders

Jim Lico
, President & Chief Executive Officer
Jim Lico

As founding president and chief executive officer, Jim drives Fortive’s overall vision, drawing on two decades of deep experience at Danaher.

Jim is deeply committed to the development of Fortive’s people, in a dynamic culture of unending learning and growth. He joined Veeder-Root in 1996 and was tapped for roles of increasing responsibility before being appointed executive vice president and member of the Danaher office of the chief executive. 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 executive leader for the emerging market regional boards of China, Japan, India and Middle East. Jim ran DBS from 2004 to 2005 and ensures that its key principles continue to inspire the Fortive Business System.

"We are building an exciting, enduring company where every team member contributes to our shared purpose and our continued growth, innovation and strong performance, year after year."

Jim serves on the board of directors of NetScout Systems, a publicly traded network technology company based in Boston. He holds a BS from the University of Michigan and a Masters in management from Northwestern University. Jim lives in Seattle with his wife and three children.

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

Chuck leads Fortive’s financial operations and drives the company’s financial planning and M&A agendas.

Chuck was previously CFO at Beckman Coulter Diagnostics and group CFO of Danaher’s $4.7B diagnostics platform. 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.

"Business growth and performance are important to our company because results matter. They matter to our shareholders, they matter to our customers, and they matter to our associates."

Chuck previously served as vice president and CFO of Tektronix, where he led the integration of what is now the Fortive Business System into the company’s financial planning and reporting functions and played a key role in developing talent within the finance function.

Chuck holds a BS in finance from the University of Oregon and an MBA from Willamette University.

Pat Byrne
, Senior Vice President
Pat Byrne

Pat leads Fortive’s product realization businesses, drawing upon his more than 30 years of management and product development experience in the tech industry.

"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."

With a passion for innovation, Pat is focused on helping customers around the world bring world-changing technologies to market faster. Prior to Fortive, Pat was the vice president of strategy and chief technology officer for Danaher’s test and measurement segment, where he drove strategic market development, business development and M&A. In July 2014, he became the president of Tektronix, a leading worldwide provider of measurement solutions.

Pat was the president and CEO of Intermec Technologies, a publicly traded automation identification and data capture company, from 2007-2012. Prior to Intermec, he was the 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, a publicly traded global leader in memory solutions. 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 in Portland, Oregon.

Martin Gafinowitz
, Senior Vice President
Martin Gafinowitz

A recognized leader in the petroleum industry, Martin has global responsibility for Fortive’s transportation technologies platform.

Martin joined Veeder-Root in 1992 as director of sales and marketing in Europe and Asia. He was promoted 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 global president of Gilbarco Veeder-Root. He and his team 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 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 Fluke in 2005 as president, and was appointed group executive and Danaher corporate officer three years later. In 2013, she was promoted to senior vice president of the DBS office, with companywide responsibilities for its fundamentals, growth, lean and leadership toolsets.

Barbara previously spent 13 years focusing on strategy and business development at The Boston Consulting Group in Chicago. She also served in sales and marketing roles with Noxell Corporation, PepsiCo and Marketing Corporation of America.

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

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

Pat Murphy
, Senior Vice President
Pat Murphy

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

"I love working with the extraordinary team at Fortive. Our passion for innovation and our culture of continuous improvement 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. Pat previously spent 3 years as CEO of Nidec Motor Corporation and president of the company’s appliance, commercial and industrial motors business unit.

Pat holds a BS in engineering from Cornell University and an MBA from St. Louis University. He lives with his wife and two sons in St. Louis, Missouri, where he serves on the Chancellor’s Council for the University of Missouri as well as several local boards, including United Way and Rebuilding Together.

Wes Pringle
, Senior Vice President
Wes Pringle

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

Wes joined Fluke 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."

Before Fluke, Wes advanced through a series of sales, marketing and general management roles at Whirlpool Corporation, Pfizer Consumer Healthcare and Johnson & Johnson.

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

Raj Ratnakar
, Vice President, Strategic Development
Raj Ratnakar

Raj 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’s 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 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. He worked closely with Danaher’s 40 operating companies to help develop their strategic plans and growth strategies.

Raj previously 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 markets 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. in manufacturing engineering from Bangalore University. He lives in Philadelphia.

Jon Schwarz
, Vice President, Corporate Development
Jon Schwarz

Jon leads M&A and investment activity for Fortive, including transaction sourcing, valuation, due diligence and negotiations.

Jon came to Fortive from Danaher, where he held roles of progressive responsibility on the corporate development team beginning in 2005. He led 50 completed transactions, expanding and shaping the 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 the company’s communications business with NetScout.

Jon is a strong practitioner and leader of the Fortive 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."

Jon previously 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 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 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. He 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 focus on advising public and private manufacturing businesses. His leadership and legal expertise ensure 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 help 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. Peter lives in Duvall, Washington.

Stacey Walker
, Senior Vice President, Human Resources
Stacey Walker

Stacey leads Fortive’s talent acquisition, development and retention efforts to help each of our operating companies build extraordinary teams. She is passionate about fully embracing Fortive’s shared purpose and values in every role and at every level, in a dynamic culture where inclusion and diversity make teams stronger, and employees are empowered to contribute in meaningful ways.

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. In this role, she cultivated companywide talent strategies, including learning and talent development, performance management and succession planning. Stacey previously held leadership HR roles at Honeywell International.

“There’s an expectation that people can achieve extraordinary things here. You are given—in some cases—really tough objectives to hit. What’s interesting is to see that most often people rise to the occasion and accomplish things that perhaps they never would have thought achievable when they started the journey.”

Stacey has a BA in history and political science from the University of Windsor, Ontario. She lives in the Seattle area with her husband and son.

Emily Weaver
, Chief Accounting Officer
Emily Weaver

Emily 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.

"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. FBS is the cornerstone of our culture and ensures we meet our stakeholders’ objectives."

Emily came to Fortive from Danaher, where she strengthened 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 finance talent development and management.

Previously, Emily held leadership positions at General Electric, the Public Company Accounting Oversight Board and PricewaterhouseCoopers.

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

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, inccluding 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.

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.

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.

Jeannine P. Sargent

Jeannine P. Sargent has served on Fortive’s Board of Directors since 2019.  She has served as an operating partner of Katalyst Ventures, an early-stage technology venture fund, since 2018.  Previously, Ms. Sargent served as president of Innovation and New Ventures at Flex, a leader in global design and manufacturing from 2012 until 2017.  Prior to joining Flex, Ms. Sargent served as the chief executive officer at Oerlikon Solar, a thin-film silicon solar photovoltaic module manufacturer and a wholly owned subsidiary of Oerlikon, a publicly-traded Swiss company, and Voyan Technology, an embedded systems software provider.  Ms. Sargent is also a director and a member of the compensation committee and the nominating and governance committee of Cypress Semiconductor Corp., a publicly-traded provider of advanced embedded system solutions.  She currently serves on several investment and advisory boards and is on the board of trustees at Northeastern University.  Ms. Sargent has over 30 years of experience encompassing leadership, operations, marketing and engineering roles with a diverse mix of high technology hardware and software companies across multiple industries. In addition, Ms. Sargent has significant experience with the development and global launch of disruptive technology, executing investment and acquisition strategies, corporate governance and executive compensation.

Alan G. Spoon
, Chairman

Alan G. Spoon has served as Fortive’s Chairman of the Board since 2016.  In addition, Mr. Spoon served as a Partner of Polaris Partners, a company that invests in private technology and life science firms, from 2000 to 2018, including as Managing General Partner from 2000 to 2010 and as Partner Emeritus from 2015 to 2018. Mr. Spoon is also a member of the board of directors of each of Danaher Corporation, IAC/InterActiveCorp., Match Group, Inc. and Cable One, Inc. In addition to his prior 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.