FORTIVE CORP (FTV)
Sector: Industrials
Sector: Industrials
FORTIVE CORP - Executive Compensation
Senior Vice President, Chief Financial Officer
Executive Compensation
Mark D. Okerstrom serves as Senior Vice President and Chief Financial Officer of Fortive Corporation, a diversified industrial technology company, a role he has held since May 2020. In this capacity, he leads the global finance organization, overseeing financial planning and analysis, investor relations, treasury, tax, internal audit, and corporate development. Okerstrom plays a pivotal role in driving Fortive's strategic growth, including capital allocation, mergers and acquisitions, and shareholder value creation, while navigating complex market dynamics in the company's precision technologies and advanced instrumentation segments. Prior to joining Fortive, Okerstrom built an extensive career in finance and leadership at Expedia Group, where he served as Chief Financial Officer from 2017 to 2019. During his tenure, he managed the company's financial operations amid rapid expansion and digital transformation, contributing to key initiatives like international growth and partnerships. Earlier at Expedia, starting in 2013, he progressed through roles such as Senior Vice President and CFO of Expedia Partner Solutions, honing his expertise in scaling high-growth businesses. His career began in public accounting at Deloitte, where he advanced to audit manager, providing a strong foundation in financial reporting and compliance. Okerstrom's achievements include guiding Expedia through significant revenue growth and operational efficiencies, as well as steering Fortive's finance strategy post its spin-off from Danaher Corporation. Under his leadership at Fortive, the company has executed strategic acquisitions, optimized its portfolio, and delivered strong financial performance, earning recognition for robust investor communications and disciplined capital management. A strategic thinker with a proven track record in tech-enabled industrials and travel sectors, Okerstrom holds a Bachelor of Science in Accounting from the University of Utah and is a Certified Public Accountant.