Leadership & Pay ·
Danaher Corporation appointed Julie Sawyer Montgomery as President and Chief Executive Officer effective October 1…
DHRDanaher Corp
Danaher Corporation appointed Julie Sawyer Montgomery as President and Chief Executive Officer effective October 1, 2026, succeeding Rainer M. Blair who will retire from executive roles but serve as Senior Advisor through March 31, 2027. Ms. Sawyer Montgomery’s compensation includes a $1.5 million annual base salary, a target cash incentive of 200% of base salary, and a $13.2 million long-term incentive award. She also received a special $20 million Long-Term Growth Award in the form of stock options vesting over five years. Mr. Blair will receive severance equivalent to 12 months of base salary plus target bonus upon his departure from employment on December 31, 2026. The Board also approved special equity grants for CFO Matthew Gugino ($12.5 million), Executive Vice President Christopher P. Riley ($8 million), and Chief Science Officer Jose-Carlos Gutierrez-Ramos ($2.625 million). Founders Steven and Mitchell Rales received options to purchase 1,000,000 shares and RSUs for 500,000 shares each. Danaher operates in the life sciences and diagnostics industry.