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Danaher Welcomes New CTO, Shares Strengthen


Danaher Corporation (NYSE: DHR) shares gained Friday. The Washington, D.C.- based company, a leading global life sciences and diagnostics innovator, announced that Martin Stumpe will be appointed Chief Technology and AI Officer, effective October 1. He will report directly to Rainer Blair, President and Chief Executive Officer.

This appointment marks a pivotal step in Danaher's digital transformation and its ambition to lead the next era of innovation in life sciences and diagnostics. Under Dr. Stumpe's leadership, Danaher will seek to accelerate the integration of AI across its global businesses—unlocking new levels of scientific discovery, operational efficiency and clinical impact.

"Danaher is committed to building a future where science, data and technology work seamlessly to improve human health," said Blair.

"Martin is a visionary technology leader with a deep understanding of how AI and data can transform healthcare. His track record of innovation, combined with his passion for applying advanced technologies to improve human health, makes him the ideal leader to further accelerate our digital transformation."

“Danaher,” according to this morning’s news release, “is a leading global life sciences and diagnostics innovator, committed to accelerating the power of science and technology to improve human health. Our businesses partner closely with customers to solve many of the most important health challenges impacting patients around the world.”

DHR shares advanced $1.76 to $202.96.