CEO total pay
$23,795,280
Rainer M. Blair · 2025
Say on pay
93%
Latest disclosed shareholder vote
CEO pay ratio
Item 402(u)343 to 1
Item 402(u) section may live outside the CD&A
Compensation committee
CD&ACompensation Committee
Per the latest proxy
Filings indexed: 2 · 2026 · 2025
Executive pay
What did they pay them?
From the Summary Compensation Table. Pay mix and YoY are computed from these rows.
| Executive | Role | TotalYoY | Pay mix | Salary | Stock | Cash incentive | Other |
|---|---|---|---|---|---|---|---|
Rainer M. Blair2025 compensation | President and CEO | $23,795,280↑ 8% | 92% at-risk | $1,400,000 | $9,292,370 | $4,194,400 | $521,853 |
Matthew R. McGrew2025 compensation | Executive Vice President and CFO | $7,967,519↑ 7% | 84% at-risk | $1,005,330 | $2,519,058 | $1,882,480 | $287,114 |
Julie Sawyer Montgomery2025 compensation | Executive Vice President | $11,295,279 | 91% at-risk | $848,000 | $4,425,309 | $1,587,880 | $139,623 |
Christopher P. Riley2025 compensation | Executive Vice President | $11,255,848 | 92% at-risk | $848,000 | $4,425,309 | $1,587,880 | $100,192 |
Jose-Carlos Gutierrez-Ramos2025 compensation | Senior Vice President and Chief Science Officer | $6,243,771↓ 17% | 84% at-risk | $888,460 | $1,959,422 | $1,530,550 | $97,016 |
Pay mix: base cash incentive equity other
CD&A excerpt
Compensation discussion & analysis
Opening passage of the loaded filing's CD&A. Use Ask below to query the full text with citations.
Read the full CD&A on SEC.gov ↗
Peer comparison
Who they benchmark against
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2025 Compensation Peer Group
15 members · 12 in ProxyMiner
ABT · ABBOTT LABORATORIESBSX · BOSTON SCIENTIFIC CORPJNJ · JOHNSON & JOHNSONABBV · AbbVie Inc.BMY · BRISTOL MYERS SQUIBB COMDT · Medtronic plcA · AGILENT TECHNOLOGIES, INC.LLY · ELI LILLY & CoMRK · Merck & Co., Inc.AMGN · AMGEN INCGILD · GILEAD SCIENCES, INC.SYK · STRYKER CORPBDX · BECTON DICKINSON & COIQV · IQVIA HOLDINGS INC.TMO · THERMO FISHER SCIENTIFIC INC.
Governance
Policy guardrails
hedging
Hedging Policy
“Hedging Policy”
pledging
prohibited
“Danaher’s Board has adopted a policy that prohibits any director or executive officer from pledging as security under any obligation any shares of Danaher Common Stock that the director or officer directly or indirectly …”
clawback
present
“Clawback Policy”
stock ownership guidelines
present
“To further align management and shareholder interests and discourage inappropriate or excessive risk-taking, our stock ownership policy requires each executive officer to obtain a substantial equity stake in Danaher with…”
compensation consultant
independent
“Independent compensation consultant”
compensation committee
Compensation Committee
“Annual cash incentive compensation awards are subject to Compensation Committee discretion”
Performance markers
Metric facts
revenue
$10 million
“a whole or partial interest on or after January 1, 2025; provided, that with respect to the gains and charges referred to in sections (2)(iii) and (2)(iv) above, only gains or charges that individually or as part of a se…”
operating income
43%
“from 60% to 70% and reduced the personal performance weighting from 40% to 30%, and (2) moved the adjusted EPS performance metric to our long-term incentive compensation program and replaced it with an adjusted operating…”
say on pay
93%
“At our annual meeting of shareholders in May 2025, 93% of the votes cast on the say on pay proposal were voted in favor of the proposal.”
ceo pay ratio
343 to 1
“(other than Mr. Blair) was $69,440; and •the ratio of the annual total compensation of Mr. Blair to the annual total compensation of the median of all other Company employees was 343 to 1. For purposes of the 2025 CEO pa…”
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