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,...

Current Market Cap

$26.10B

Number of Employees

18K

Total Compensation

2023 - 2023

Trending up by 0.00% last year
Showing total compensation for the last 2023 - 2023

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Up by 0.00% last year

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.

SEC Filing

From April 22, 2024