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Also in September 2022, Danaher announced its intention to spin off its Environmental & Applied Solutions segment in Q4 2023. [52] On February 8, 2023, Danaher announced that the new company is named Veralto Corporation and will be headed by Danaher Executive Vice President Jennifer Honeycutt as Veralto's President and CEO. [53]
The spin-off of the Environmental & Applied Solutions segment into a new public company should help Danaher (DHR) focus on its Life Sciences and Diagnostics segments.
Danaher, which currently has a market capitalization of more than $200 billion, is the third large conglomerate this year to announce a spin-off after Kellogg Co and 3M Co. Danaher to spin off ...
Fortive was spun off from Danaher in July 2016. [4] Brothers Steven and Mitchell Rales, Danaher's founders, retained board seats with Fortive after the separation. [5] At the point of its independent incorporation, Fortive immediately became a component of the S&P 500. Later the transportation, automation and franchise distribution businesses ...
Steven M. Rales (born March 31, 1951) is an American businessman and film producer.He founded Danaher Corporation with his brother Mitchell Rales in 1984 and is its chairman.
The AOL.com video experience serves up the best video content from AOL and around the web, curating informative and entertaining snackable videos.
TechnipFMC was removed from the S&P 500 in anticipation of its announced spin-off of Technip Energies. [45] January 21, 2021: TRMB: Trimble: CXO: Concho Resources: S&P 500/100 constituent ConocoPhillips acquired Concho Resources. [46] January 7, 2021: ENPH: Enphase Energy: TIF: Tiffany & Co: LVMH Moet Hennessy-Louis Vuitton SE acquired Tiffany ...
Certain American television events in 2025 have been scheduled. Events listed include television show debuts, finales, and cancellations; channel launches, closures, and re-brandings; stations changing or adding their network affiliations; information on controversies, business transactions, and carriage disputes; and deaths of those who made various contributions to the medium.