Named executive officer

Mark D. Okerstrom

Senior Vice President, Chief Financial Officer·Fortive Corp

About

Okerstrom was appointed Senior Vice President, Chief Financial Officer of Fortive effective March 24, 2025, succeeding Charles McLaughlin. In connection with his appointment, Fortive and Okerstrom entered into an offer letter providing for his compensation, including one-time sign-on awards intended in part as a make-whole payment.

Since 2025
Tenure 1 yr

Also at Fortive Corp

SD Sharmistha Dubey Chair of the Board (Independent) DC Daniel L. Comas Director RH Rejji P. Hayes Director WI Wright L. Lassiter III Director KM Kate D. Mitchell Director GM Gregory J. Moore Director

Past roles

No prior roles disclosed
The proxy statement discloses no roles beyond this person's current position. Disclosure is required only for the most recent five years.

Fixed compensation

Data from FY 2025
Salary
$600,000
Component Annual base salary
Bonus
$1,250,000
All other compensation
$163,000
Total compensation
$21,413,439

Performance compensation

Data from FY 2025

Cash incentive

Annual cash incentive
$1,036,000
Form Cash
Plan Executive Incentive Compensation Plan
Evaluation period FY2025

Stock awards

Stock awards
$13,664,653
Form PSUs and RSUs under 2016 Stock Incentive Plan
Valuation Grant date fair value (ASC 718)

Related

Source: Fortive Corp proxy statement (SEC Schedule 14A)

Where the filing does not disclose a value, this page states "Not disclosed" rather than estimating. Smaller filers are exempt from disclosing metric targets and achievement, and larger filers may omit forward targets for competitive reasons.

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