STOCK TITAN

Danaher Announces Appointment of A. Shane Sanders to Danaher Board

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary

Danaher Corporation (NYSE: DHR) announced the appointment of A. Shane Sanders to its Board of Directors and Audit Committee, increasing the board size to thirteen members. Sanders, currently Senior Vice President of Business Transformation at Verizon Communications Inc. (NYSE: VZ), has extensive experience in corporate finance, having served in leadership roles since joining Verizon in 1997. His qualifications include a B.S. in Accounting and an M.B.A. His appointment is expected to enhance Danaher's leadership and support its goal of building long-term shareholder value.

Positive
  • A. Shane Sanders brings extensive leadership experience in corporate finance from Verizon.
  • The board's expansion is poised to strengthen Danaher's governance.
Negative
  • None.

WASHINGTON, May 13, 2021 /PRNewswire/ -- Danaher Corporation (NYSE: DHR) announced today that it has appointed A. Shane Sanders to its Board of Directors and to its Audit Committee. This addition expands the size of Danaher's Board from twelve to thirteen members.

Mr. Sanders is currently Senior Vice President of Business Transformation at Verizon Communications Inc. (NYSE: VZ). Since joining Verizon in 1997, he has served in a series of progressively more responsible leadership positions including as Senior Vice President of Corporate Finance from 2015 to 2020. Prior to joining Verizon, Mr. Sanders served in various finance roles at Hallmark Cards, Inc. and Safelite Glass Corporation, and began his career at Grant Thornton in 1984.

Mr. Sanders earned his B.S. in Accounting from Oklahoma City University and his M.B.A. from Rockhurst University, and he is a Certified Public Accountant.

Steven M. Rales, Chairman of the Board of Danaher Corporation, said "We are very pleased to welcome Shane to the Danaher Board of Directors. His extensive leadership experience in corporate finance over the last twenty-five years will be a tremendous asset to our Board and to Danaher as we strive to build sustainable, long-term shareholder value."

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.

Cision View original content:http://www.prnewswire.com/news-releases/danaher-announces-appointment-of-a-shane-sanders-to-danaher-board-301291258.html

SOURCE Danaher Corporation

FAQ

What is the significance of A. Shane Sanders' appointment to Danaher's Board?

A. Shane Sanders' appointment is significant as he brings 25 years of corporate finance experience, which is expected to enhance Danaher's leadership and governance.

How many members are on Danaher's Board of Directors after the appointment?

After A. Shane Sanders' appointment, Danaher's Board of Directors consists of thirteen members.

What role does A. Shane Sanders have at Verizon?

A. Shane Sanders currently serves as Senior Vice President of Business Transformation at Verizon Communications Inc.

What qualifications does A. Shane Sanders have?

A. Shane Sanders holds a B.S. in Accounting and an M.B.A., and he is a Certified Public Accountant.

When was A. Shane Sanders appointed to the Danaher Board?

A. Shane Sanders was appointed to the Danaher Board of Directors on May 13, 2021.

Danaher Corporation

NYSE:DHR

DHR Rankings

DHR Latest News

DHR Stock Data

166.49B
722.28M
11%
81.78%
0.74%
Diagnostics & Research
Industrial Instruments for Measurement, Display, and Control
Link
United States of America
WASHINGTON