Summary
Danaher Corporation (DHR) has announced a planned transition for its Chief Financial Officer role. Daniel L. Comas, currently the Executive Vice President and CFO, intends to step down from his CFO position effective December 31, 2018. Following this transition, Mr. Comas will continue with Danaher as an Executive Vice President and a member of the Office of the Chief Executive, preparing for a gradual retirement. Matthew R. McGrew, currently a Group CFO overseeing the Diagnostics and Dental platforms, is slated to succeed Mr. Comas as CFO starting January 1, 2019. Mr. McGrew brings extensive experience with Danaher, having joined in 2004 and holding various finance and investor relations roles, including Vice President of Investor Relations and Group CFO. This leadership change, detailed in a press release attached as an exhibit, signals a planned succession and continuity within Danaher's senior financial management.
Key Highlights
- 1Daniel L. Comas, EVP and CFO, will step down from the CFO role on December 31, 2018.
- 2Mr. Comas will transition to an Executive Vice President role and remain in the Office of the Chief Executive, beginning a gradual retirement.
- 3Matthew R. McGrew will succeed Mr. Comas as CFO, effective January 1, 2019.
- 4Mr. McGrew currently serves as a Group CFO for Danaher's Diagnostics and Dental platforms.
- 5Mr. McGrew has been with Danaher since 2004 and has held key positions in finance and investor relations, including VP of Investor Relations.
- 6The company issued a press release on January 30, 2018, announcing this CFO transition plan.