Patrick Murphy is the former President and CEO of Fortive Corporation's Advanced Healthcare Solutions segment, a role he held until July 2023. A mechanical engineer by training, Murphy graduated from the University of Michigan in 1987 and has spent his...

Patrick Murphy is the former President and CEO of Fortive Corporation's Advanced Healthcare Solutions segment, a role he held until July 2023. A mechanical engineer by training, Murphy graduated from the University of Michigan in 1987 and has spent his career building expertise in engineering and management. Over his tenure at Fortive, he focused on aligning the company’s strategies with market demands, especially in the healthcare industry. His leadership was marked by a clear performance-based compensation philosophy intended to keep executive pay tied closely to company success, though in recent years, he faced challenges with performance metrics not being met, leading to no bonuses or stock awards in 2022 and 2023. Interestingly, Murphy's insider trading activity showed consistent investments, demonstrating his confidence in Fortive's future, peaking with annual holdings valuations around $4.95M in 2024. His focus on strong performance metrics, like contributing to Free Cash Flow and Core Revenue Growth, reflects an analytical approach to leadership that prioritizes long-term value creation over immediate gains. After a notable career, he announced his retirement set for the end of 2023, marking the conclusion of a significant chapter in Fortive's growth journey.