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December 17, 2019

Fortive

Everett-based Fortive appointed Mark D. Morelli as president and CEO and David H. Naemura as CFO of NewCo, an industrial company that Fortive is forming as part of its separation into two companies. Morelli and Naemura will start with NewCo in the first quarter of 2020. Fortive also announced it plans to appoint Karen C. Francis as board chair of NewCo prior to NewCo becoming a public company, which is expected in the second half of 2020. Morelli is president and CEO of Columbus McKinnon and Naemura has been CFO at Gates Industrial for five years. Francis was chair and CEO of AcademixDirect and held the same roles at Publicis & Hal Riney.




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