DHR · News · 20260803N
Leadership Transition
DANAHER CORP /DE/ · 2026-08-03 · Importance 44 · Surprise 60 · In source text
Danaher appointed Julie Sawyer Montgomery as president and chief executive officer effective October 1, 2026, succeeding retiring CEO Rainer Blair. Montgomery has led the Diagnostics platform since joining Danaher in 2017 and is credited with expanding the business and strengthening its operating performance. Blair will remain as a senior advisor through March 31, 2027, supporting continuity during the transition.
Key facts
- Since 2017, Julie Sawyer Montgomery helped nearly double Danaher's Diagnostics revenue and triple Diagnostics operating profit. source
- Danaher Corporation's Board of Directors appointed Julie Sawyer Montgomery as President and Chief Executive Officer and a member of the Board of Directors, effective October 1, 2026. source
- On October 1, 2026 Rainer Blair will retire and serve as a senior advisor until March 31, 2027 to ensure a seamless transition. source
- Masimo is now a Danaher company. source
- Shares rose about 2% in after-hours trading following the announcement of the CEO transition. source
- Danaher Corporation's shares rose 2% after hours following the announcement of Julie Sawyer Montgomery as the new President and CEO, effective October 1, 2026. source
- Shares of Danaher Corp. increased by 1.29% on Monday, closing at $197.50, snapping a three-day losing streak. source
- Julie Sawyer Montgomery has been with Danaher since 2017. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | — | Masimo is now a Danaher company. |
| assets | positive | realized | — | Masimo is now a Danaher company. |