Fortive Executive Compensation (FY25)
FTV · Executive and director compensation, fiscal 2022 to 2025
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Data as of September 11, 2026Latest filing (8-K): June 11, 2026
13 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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261 figures on this page: 253 cited to the filing that reported them, 8 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Olumide Soroye: $8,062,077 → $14,405,012 (78.7% higher)
CEO pay ratio: 223:1 → 154:1 (30.9% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Fortive's chief executive and what were they paid?
Total compensation for Olumide Soroye, President and Chief Executive Officer, came to $14,405,012 in fiscal 2025. Soroye's total was 78.7% higher than the $8,062,077 reported for fiscal 2024.
What was Fortive's say-on-pay result?
The say-on-pay proposal drew 94.4% support at the meeting held June 9, 2026 for fiscal 2025.
Which companies are in Fortive's peer group?
Companies named in the disclosed peer group include Ametek Inc, Autodesk, Inc., Ecolab, Inc., Honeywell International Inc. and IDEX Corporation, among others.
What is Fortive's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 154:1, against median employee compensation of $94,172.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
James Lico President and Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Olumide Soroye President, Intelligent Operating Solutions | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Chuck McLaughlin Senior Vice President and Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
James Lico President and Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | — not reconciled |
Olumide Soroye President, Intelligent Operating Solutions | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Charles McLaughlin Former Senior Vice President, Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Tamara Newcombe Former President and CEO, Precision Technologies | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Chuck McLaughlin Senior Vice President and Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Stacey Walker Former Senior Vice President, Chief People Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
James Lico Former President and Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Olumide Soroye President and Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Charles McLaughlin Former Senior Vice President, Chief Financial Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Tamara Newcombe Former President and CEO, Precision Technologies | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Stacey Walker Former Senior Vice President, Chief People Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Mark Okerstrom Senior Vice President, Chief Financial Officer | ◇ | ◇ | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Olumide Soroye President and Chief Executive Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
James Lico Former President and Chief Executive Officer Departed during or after this year | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Stacey Walker Former Senior Vice President, Chief People Officer Departed during or after this year | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Tamara Newcombe Former President and CEO, Precision Technologies Departed during or after this year | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Peter Underwood Senior Vice President, Chief Legal Officer | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Jonathan Schwarz Former Senior Vice President, Strategic and Corporate Development Departed during or after this year | ◇ | — | ◇ | ◇ | ◇ | — | ◇ | ◇ |
Charles McLaughlin Former Senior Vice President, Chief Financial Officer Departed during or after this year | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| James Lico | PSU | — | — | — | — | — | — | ◇ |
| James Lico | Option | — | — | — | — | — | — | ◇ |
| Jonathan Schwarz | Option | — | — | — | — | — | — | ◇ |
| Jonathan Schwarz | PSU | — | — | — | — | — | — | ◇ |
| Mark Okerstrom | Option | — | — | — | — | — | — | ◇ |
| Mark Okerstrom | PSU | — | — | — | — | — | — | ◇ |
| Olumide Soroye | PSU | — | — | — | — | — | — | ◇ |
| Olumide Soroye | Option | — | — | — | — | — | — | ◇ |
| Peter Underwood | PSU | — | — | — | — | — | — | ◇ |
| Peter Underwood | Option | — | — | — | — | — | — | ◇ |
| Stacey Walker | Option | — | — | — | — | — | — | ◇ |
| Stacey Walker | PSU | — | — | — | — | — | — | ◇ |
| Tamara Newcombe | PSU | — | — | — | — | — | — | ◇ |
| Tamara Newcombe | Option | — | — | — | — | — | — | ◇ |
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Olumide Soroye | Option | ◇ | — | ◇ | 2/28/2032 |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/3/2035 | |
| Option | ◇ | — | ◇ | 7/2/2035 | |
| Option | ◇ | — | ◇ | 3/4/2034 | |
| Option | ◇ | — | ◇ | 2/27/2033 | |
| Mark Okerstrom | PSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | 4/2/2035 | |
| RSU | ◇ | ◇ | — | — | |
| Peter Underwood | Option | ◇ | — | ◇ | 2/27/2033 |
| Option | ◇ | — | ◇ | 3/4/2034 | |
| Option | ◇ | — | ◇ | 2/28/2032 | |
| Option | ◇ | — | ◇ | 3/3/2035 | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Stacey Walker | PSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | 3/4/2034 | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 2/27/2033 | |
| Option | ◇ | — | ◇ | 3/3/2035 | |
| Option | ◇ | — | ◇ | 2/28/2032 |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Severance and change in control
The terms as written in the agreements.
James Lico
Former President and Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
| Severance cash amount | ◇ |
Jonathan Schwarz
Former Senior Vice President, Strategic and Corporate Development · Offer letter · citing a 2026 filing
| Change-in-control trigger | ◇ |
| Excise tax treatment | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Sharmistha Dubey Board chair | ◇ | ◇ | ◇ | — | — | — | ◇ |
Jeannine Sargent | ◇ | ◇ | ◇ | — | — | — | ◇ |
Kate D. Mitchell | ◇ | ◇ | ◇ | — | — | — | ◇ |
Rejji P. Hayes | — | ◇ | ◇ | — | — | — | ◇ |
Gregory Moore | ◇ | ◇ | ◇ | — | — | — | ◇ |
Daniel L. Comas | ◇ | ◇ | ◇ | — | — | — | ◇ |
Wright Lassiter III | — | ◇ | ◇ | — | — | ◇ | ◇ |
Eric Branderiz | ◇ | ◇ | ◇ | — | — | — | ◇ |
Olumide O. Soroye, James A. Lico and Alan G. Spoon served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance member | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Ametek Inc AME
- Autodesk, Inc. ADSK
- Ecolab, Inc. ECL
- Honeywell International Inc. HON
- IDEX Corporation IEX
- Illinois Tool Works Inc. ITW
- Mettler-Toledo International Inc. MTD
- Rockwell Automation Inc. ROK
- Roper Technologies, Inc ROP
- ServiceNow, Inc. NOW
- STERIS plc STE
- Stryker Corporation SYK
- Synopsys, Inc. SNPS
- Trimble Inc. TRMB
- Zebra Technologies Corporation ZBRA
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | June 9, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | June 3, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | June 4, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | June 6, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | June 7, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | June 8, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | June 2, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | June 4, 2019 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
What this page does not include
Everything above is a fact Fortive disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Fortive sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
261 figures on this page: 253 cited to the filing that reported them, 8 calculated from figures it prints.
253 cited to the filing
8 calculated from the filing
Documents cited
- 0001104659-26-072965Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-26-1890782025 Summary Compensation Table · CEO Pay Ratio · Compensation Discussion and Analysis · Director Compensation · and 4 more sections
- 0001104659-25-057363Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000950170-25-0563292024 Summary Compensation Table · Executive Compensation Tables
- 0001193125-24-157432
- 0001193125-24-1049312023 Summary Compensation Table · Executive Compensation Tables
- 0001193125-23-164488
- 0001193125-23-113067Summary Compensation Table
- 0001193125-22-171088
- 0001193125-21-188913
- 0001193125-20-159553
- 0001193125-19-167227
- 0001659166-26-000007EX-10.27
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Fortive executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/FTV (accessed 2026).
Short form: data: Velarion
The Fortive brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
13 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Fortive discloses
The companies named in FTV's own disclosed peer group.
Terms on this page
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Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}