– USA, WA – Fortive Corporation (NYSE: FTV) announced the appointment of current Board member Shar Dubey as Chair of the Board of Directors, succeeding Alan Spoon who will retire from the Board at the AGM in June 2025.
“I congratulate Shar on her well-deserved appointment as Chair of the Fortive Board. Over the last five years, Shar has been integral to our strategic evolution. She deeply understands our businesses and shares our passion for innovation and continuous improvement. Her track record of driving success by empowering teams will continue to be incredibly valuable to Fortive going forward.” said CEO Jim Lico.
About Sharmistha Dubey
Shar Dubey served as a Director on the Fortive Board of Directors since 2020 and has been a member of the Nominating and Governance and Compensation Committees. She served as CEO of Match Group, Inc. from 2020 to 2022, and before that, held various leadership roles at Match Group since 2006, including as Match Group’s President, COO of Tinder, President of Match Group Americas, CPO of Match, and CPO and EVP of The Princeton Review. Shar Dubey also has served as a board member at Match Group since 2019 and at Prosus and Naspers Limited since 2022.
“I am honored to be elected Chair of the Board of Fortive during this evolutionary time for the company,” said Shar Dubey. “Alan’s mentorship has been invaluable, and I know that I speak for the entire Board when I say that his unwavering service and dedication to the company has been a meaningful part of its operational and financial success. As we move into this next phase of leadership and growth at Fortive, the entire Board and management team remain resolute in our commitment to creating exceptional value for our customers, shareholders, employees, and broader communities we serve.”
About Fortive
Fortive is a provider of essential technologies for connected workflow solutions across a range of attractive end markets. Fortive’s strategic segments – Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions – include well-known brands with leading positions in their markets. The company’s businesses design, develop, service, manufacture, and market professional and engineered products, software, and services, building upon leading brand names, innovative technologies, and significant market positions. Fortive is headquartered in Everett, Washington, and employs a team of more than 18,000 research and development, manufacturing, sales, distribution, service,e, and administrative employees in more than 50 countries around the world. With a culture rooted in continuous improvement, the core of our company’s operating model is the Fortive Business System.
For more: https://www.fortive.com
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.