WASHINGTON, Aug. 20, 2021 /PRNewswire/ -- Danaher
Corporation (NYSE: DHR) announced that George M. Sherman, the Company's President &
Chief Executive Officer during the years 1990-2001, died earlier
this week after an illness.
Steven M. Rales, Danaher Chairman of the Board, commented: "All
of us at Danaher are saddened by George's passing. We extend our
deepest condolences to his beloved wife, Betsy, and their entire
family."
Mr. Rales continued: "George enjoyed an illustrious career at
Danaher. His legacy is broad, and he left an indelible imprint
across the entire organization, which he led during an
extraordinary time of growth and change. During his 11-year tenure,
Company sales increased five-fold and market capitalization grew
more than 20-times. George led the transformation of Danaher's
portfolio, principally through acquisitions, from a mix of
fragmented businesses to strategically focused platforms. He was
instrumental in establishing Danaher as a global corporation with
leading market positions, while also hiring and developing
exceptional leaders. Under George's guidance, the Danaher Business
System became the cultural cornerstone of Danaher, evolving from a
set of lean manufacturing principles to the Company's underlying
operating philosophy."
Mr. Rales concluded: "We shall remain grateful for George's
influence during his tenure and beyond."
ABOUT DANAHER
Danaher is a global science and technology innovator committed
to helping its customers solve complex challenges and improving
quality of life around the world. Its family of world class brands
has leadership positions in the demanding and attractive health
care, environmental and applied end-markets. With more than 20
operating companies, Danaher's globally diverse team of
approximately 69,000 associates is united by a common culture and
operating system, the Danaher Business System, and its Shared
Purpose, Helping Realize Life's Potential. For more
information, please visit www.danaher.com.
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SOURCE Danaher Corporation