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Tech — Hardware

Fortive Executive Compensation (FY25)

FTV · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Olumide Soroye
Median of the other named officers
$5,395,558
7 officers, excluding the chief executive
Latest say-on-pay support
=
June 9, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of October 25, 2026Latest filing (8-K): June 11, 2026
12 filings cited on this page
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432 figures on this page: 424 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
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
James Lico
President and Chief Executive Officer
◇—◇◇◇—◇◇
Olumide Soroye
President, Intelligent Operating Solutions
◇—◇◇◇—◇◇
Stacey Walker
Senior Vice President and Chief Human Resource Officer (8)
◇—◇◇◇—◇◇
Patrick Murphy
President and CEO of Advanced Healthcare Solutions (6)
◇—◇◇◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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
◇—◇◇◇—◇◇
Chuck McLaughlin
Senior Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Stacey Walker
Former Senior Vice President, Chief People Officer
◇—◇◇◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
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
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
James A. LicoPSU◇◇◇—◇—◇
James A. LicoPSU◇◇◇—◇—◇
James A. LicoOPTION◇——◇—◇◇
James A. LicoPSU◇—————◇
Jonathan L. SchwarzPSU◇◇◇—◇—◇
Jonathan L. SchwarzPSU◇◇◇—◇—◇
Jonathan L. SchwarzOPTION◇——◇—◇◇
Jonathan L. SchwarzPSU◇—————◇
Mark D. OkerstromPSU◇◇◇—◇—◇
Mark D. OkerstromOPTION◇——◇—◇◇
Mark D. OkerstromPSU◇—————◇
Mark D. OkerstromPSU◇◇◇—◇—◇
Mark D. OkerstromOPTION◇——◇—◇◇
Mark D. OkerstromRSU◇——◇——◇
Mark D. OkerstromPSU◇◇◇—◇—◇
Olumide O. SoroyeOPTION◇——◇—◇◇
Olumide O. SoroyePSU◇◇◇—◇—◇
Olumide O. SoroyeRSU◇——◇——◇
Olumide O. SoroyeOPTION◇——◇—◇◇
Olumide O. SoroyePSU◇◇◇—◇—◇
Olumide O. SoroyePSU◇◇◇—◇—◇
Olumide O. SoroyeOPTION◇——◇—◇◇
Olumide O. SoroyePSU◇◇◇—◇—◇
Olumide O. SoroyePSU◇—————◇
Peter C. UnderwoodOPTION◇——◇—◇◇
Peter C. UnderwoodPSU◇◇◇—◇—◇
Peter C. UnderwoodPSU◇—————◇
Peter C. UnderwoodPSU◇◇◇—◇—◇
Stacey A. WalkerPSU◇—————◇
Stacey A. WalkerPSU◇◇◇—◇—◇
Stacey A. WalkerPSU◇◇◇—◇—◇
Stacey A. WalkerOPTION◇——◇—◇◇
Tamara NewcombeOPTION◇——◇—◇◇
Tamara NewcombePSU◇◇◇—◇—◇
Fiscal 2022, 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
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
James LicoRSU◇◇——
Option◇—◇2/27/2033
Option◇—◇3/4/2034
Option◇—◇2/28/2032
Option◇—◇3/3/2035
PSU◇◇——
Mark OkerstromOption◇—◇4/2/2035
PSU◇◇——
RSU◇◇——
Olumide SoroyeRSU◇◇——
Option◇—◇7/2/2035
PSU◇◇——
Option◇—◇2/27/2033
Option◇—◇3/3/2035
Option◇—◇3/4/2034
Option◇—◇2/28/2032
Charles McLaughlinRSU◇◇——
Option◇—◇2/27/2033
Option◇—◇3/4/2034
Option◇—◇2/28/2032
PSU◇◇——
Stacey WalkerRSU◇◇——
Option◇—◇3/3/2035
Option◇—◇2/27/2033
PSU◇◇——
Option◇—◇3/4/2034
Option◇—◇2/28/2032
Peter UnderwoodRSU◇◇——
Option◇—◇3/3/2035
Option◇—◇2/27/2033
PSU◇◇——
Option◇—◇3/4/2034
Option◇—◇2/28/2032
Jonathan SchwarzRSU◇◇——
Option◇—◇2/27/2033
Option◇—◇3/4/2034
Option◇—◇2/28/2032
Option◇—◇3/3/2035
PSU◇◇——
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
Severance cash amount◇
Peter Underwood
Senior Vice President, Chief Legal Officer · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Sharmistha Dubey
Board chair
◇◇◇———◇
Jeannine Sargent
◇◇◇———◇
Kate D. Mitchell
◇◇◇———◇
Rejji P. Hayes
—◇◇———◇
Gregory Moore
◇◇◇———◇
Daniel L. Comas
◇◇◇———◇
Wright Lassiter III
—◇◇———◇
Eric Branderiz
◇◇◇———◇
James A. Lico, Olumide O. Soroye 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◇
Board chair premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as Rsus/Options.

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.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 9, 2026=◇◇◇
2024June 3, 2025=◇◇◇
2023June 4, 2024=◇◇◇
2022June 6, 2023=◇◇◇
2021June 7, 2022=◇◇◇
2020June 8, 2021=◇◇◇
2019June 2, 2020=◇◇◇
2018June 4, 2019=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- Olumide Soroye (President and Chief Executive Officer), FY2025 total compensation $14,405,012 (base salary $931,733) [exec_comp, SEC accession 0001193125-26-189078, filed 2026-04-29]

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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.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
432 figures on this page: 424 cited to the filing that reported them, 8 calculated from figures it prints.
424 cited to the filing
8 calculated from the filing

Documents cited

  1. 0001104659-26-072965
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001193125-26-189078
    CEO Pay Ratio · Compensation Discussion and Analysis · Director Compensation · Executive Compensation Tables
  4. 0001104659-25-057363
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0001193125-24-157432
  6. 0001193125-24-104931
    Executive Compensation Tables
  7. 0001193125-23-164488
  8. 0001193125-23-113067
    Executive Compensation Tables
  9. 0001193125-22-171088
  10. 0001193125-21-188913
  11. 0001193125-20-159553
  12. 0001193125-19-167227
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Velarion, “Fortive executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/FTV (accessed 2026).
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Tech — Hardware rankings

Chief executive pay — Tech — HardwareCEO pay ratio — Tech — HardwareSay-on-pay support — Tech — Hardware

Peers Fortive discloses

The companies named in FTV's own disclosed peer group.

Ametek IncAutodesk, Inc.Ecolab, Inc.Honeywell International Inc.IDEX CorporationIllinois Tool Works Inc.Mettler-Toledo International Inc.Rockwell Automation Inc.Roper Technologies, IncServiceNow, Inc.STERIS plcStryker CorporationSynopsys, Inc.Trimble Inc.Zebra Technologies Corporation

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

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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}
}
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