Fortive Corp Appoints Susan L. Main to Board of Directors and Audit Committee
Fortive Corp
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Filing Summary
š¢ Fortive Corp ($FTV) Announces Board Appointment
Appointee: Susan L. Main Role: Independent Director & Audit Committee Member Effective Date: September 9, 2026 Term: Expiring at 2027 Annual Meeting of Shareholders
ā¢ Board size increased from 8 to 9 members. ā¢ Ms. Main is designated as an 'audit committee financial expert.'
Comprehensive Analysis
Overview
On September 10, 2026, Fortive Corporation filed a Current Report on Form 8-K under Item 5.02, reporting changes to its Board of Directors.
Key Details
- Appointment: Effective September 9, 2026, the Board of Directors expanded from eight to nine members and appointed Susan L. Main as a new director.
- Term: Her initial term commenced on September 9, 2026, and extends through the Company's 2027 Annual Meeting of Shareholders.
- Committee Assignment: Ms. Main was concurrently appointed to the Board's Audit Committee.
- Independence & Qualifications: The Board determined that Ms. Main qualifies as an independent director under NYSE listing standards and designated her as an "audit committee financial expert" under Item 407(d) of Regulation S-K.
- Compensation: Ms. Main will receive standard non-employee director compensation and entered into the Company's standard indemnification agreement.
- Related Party Disclosures: No Item 404(a) transactions or arrangements related to her appointment were reported.
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