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March 7, 2025

Fortive

Fortive Corp. appointed Mark Okerstrom as chief financial officer, effective March 24. Okerstrom will succeed Chuck McLaughlin who, as previously announced, will be retiring from his role as CFO on March 24. McLaughlin will continue to serve in a non-executive officer role through the end of the year to assist with the transition and ensure continuity. Okerstrom most recently served as an external advisor at Bain & Company, a management consulting firm, and at Advent International, a global private equity investment firm. Prior to his time with Bain and Advent, he spent 3 years as president and COO of Convoy. Before that, Mr. Okerstrom spent over 13 years at Expedia Group including as VP then SVP corporate development from 2006 to 2011, CFO from 2011 through 2017, CFO and EVP of operations from 2014 through 2017, and CEO from 2017 through 2019. Earlier in his career, Okerstrom practiced corporate law at Freshfields in London and at Fasken in Canada. He also worked as a case team leader with Bain & Company in Boston and San Francisco, and as an associate at UBS Investment Bank in London. He holds an MBA from Harvard Business School and a JD from the University of British Columbia. He will be based at Fortive's headquarters in Everett. Fortive is a provider of essential technologies for connected workflow solutions across a range of attractive end-markets.




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