Sundar PichaiSundar Pichai earned $164M in 2023

Tamara S. Newcombe is the CEO of Fortive Corporation, taking on expanded responsibilities as of July 2023, including leadership of two key segments: Precision Technologies and Advanced Healthcare Solutions. She holds a Bachelor's degree in Industrial Engineering from Purdue University,...

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Tamara S. Newcombe

CEO of Fortive

Education

Bachelor's degree in Industrial Engineering from Purdue University.

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

August 12, 1974 - 50 years ago

CEO of Fortive for

1 year 9 months (Jul 2023 - Present)

Previous Experience

Previously served as President and CEO of the Precision Technologies segment.

Holdings

See how much did Tamara S. Newcombe make over time.

As a key player in Fortive, Tamara S. Newcombe has been quite active in insider trading, signaling her confidence in the company. In 2023, she executed trades totaling between $4 million to $5 million nearly every month, reaching peaks in...

Total Stock Sold

$421.60K

FTV

$421.60K

5,000 FTV shares

What if they kept their stock?

If Tamara S. Newcombe didn't sell their stock, today they would have:
Extra FTV5,000 shares worth $292.25K.
This is -30.68% and $129.35K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Tamara S. Newcombe.

FTV

13,370 shares

FTV

Mar 4, 2024

Received

FTV

3,677 shares

FTV

Feb 23, 2024

Received

FTV

$425.00K

FTV at $85.00/share

Feb 16, 2024

Sale

FTV

14,705 shares

FTV

Feb 27, 2023

Received

FTV

6,090 shares

FTV

Feb 28, 2022

Received

Compensation History

See how much did Tamara S. Newcombe make over time.

In 2023, Tamara S. Newcombe's total compensation at Fortive Corporation was around $2 million. This figure is made up of several parts: a base salary of $725,000, a performance-based bonus of approximately $1.26 million, and other benefits totaling nearly $98,000. Notably, there were no stock options that vested this year as her compensation package emphasizes future performance-based awards. This aligns with Fortive’s compensation philosophy, which focuses on rewarding executives based on long-term value creation for shareholders. Her performance metrics included adjusted EPS and free cash flow, which highlight the critical metrics driving her bonus and overall compensation. Tamara’s compensation reflects her role in guiding the company towards sustainable growth and operational success.

Year

2023

Total Compensation

$2.09M

Salary

$725.00K

Board Justification

The compensation philosophy emphasizes performance-based pay aligned with long-term value creation for shareholders, with a significant portion of total compensation being performance-based and equity-based.

Bonus

$1.26M

Board Justification

Annual incentive compensation based on performance metrics including Adjusted EPS, Free Cash Flow, and Core Revenue Growth, with a final payout based on a composite performance factor of 116.1%.

Other

$98.75K

Board Justification

Includes contributions to 401(k), EDIP contributions, and other perquisites such as financial services stipend.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 as the focus was on performance-based awards that are contingent on future performance.

Performance Metrics

Performance metrics for 2023 included Adjusted EPS, Free Cash Flow, and Core Revenue Growth.

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