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Danaher (DHR) has shared an update.
Joakim Weidemanis, Executive Vice President of Danaher Corporation, will resign from his role on July 1, 2024, but will stay on to provide transition services until September 30, 2024. During this transition, he will maintain his current salary and be eligible for a pro-rated 2024 cash incentive. Additionally, if Weidemanis is terminated without cause during this period, he’ll receive his salary and pro-rated incentive in full. This agreement aims to ensure a smooth transition of responsibilities at Danaher.
Find detailed analytics on DHR stock on TipRanks’ Stock Analysis page.