In 2023, Patrick Murphy earned $1.83M in total compensation at Fortive, primarily from $1.25M salary. Most recently sold 21,793 shares in Jul 2023. Currently holds stock worth $3.15M. Led Fortive as CEO for 2 years.
Compensation History
Annual executive compensation data for Patrick Murphy, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.83M
Salary
$1.25M
Bonus
$0.00
Other
$576.60K
Salary
$1.25MBoard Justification
The compensation philosophy is designed to attract and retain high-performing leaders, with a strong emphasis on performance-based pay and alignment with shareholder interests.
Bonus
$0.00Board Justification
No cash bonus was awarded for 2023 as the performance metrics were not met.
Other Compensation
$576.60KBoard Justification
Other compensation includes contributions to retirement plans and perquisites such as personal use of company aircraft and financial planning services.
Restricted Stock
Board Justification
No stock awards vested in 2023 as the performance conditions were not met.
Performance Metrics
The performance metrics for 2023 included Adjusted EPS, Free Cash Flow, and Core Revenue Growth.
Patrick Murphy
Ex-CEO of Fortive
Education
Bachelor's degree in Mechanical Engineering from the University of Michigan.
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Technology
Born
March 15, 1965 - 60 years ago
CEO of Fortive for
2 years 6 months (Jan 2021 - Jul 2023)
Previous Experience
Previously served as the President and CEO of the Precision Technologies segment.
Holdings
Track Patrick Murphy's stock holdings and portfolio value over time.
Total Stock Sold
$6.66M
$6.66M
122,845.698 FTV shares
What if they kept their stock?
If Patrick Murphy didn't sell their stock, today they would have:
Extra FTV122,845.698 shares worth $6.60M.
This is -0.9% and $60.06K less than what they got when they sold the stock.
Insider Trading
Patrick Murphy's recent stock transactions, purchases, and sales filed with the SEC.
$1.67M
FTV at $76.50/share
Jul 28, 2023
Sale
1,465 shares
FTV
Feb 27, 2023
Received
$2.25M
FTV at $68.56/share
Nov 11, 2022
Sale
11,878 shares
FTV
Feb 28, 2022
Received
11,290 shares
FTV
Feb 24, 2021
Received
$2.75M
FTV at $72.50/share
Jul 30, 2020
Sale
4,870 shares
FTV
Feb 20, 2020
Received
9,395 shares
FTV
Jul 31, 2019
Received
5,446 shares
FTV
Feb 25, 2019
Received
111 shares
FTV
Oct 1, 2018
Sale
Rivals
Compare Patrick Murphy with competitor CEOs and industry peers.
Vicente Reynal
CEO of Ingersoll Rand
2023 Compensation
Stock
$0.00
Salary
$1.13M
Bonus
$3.43M
Other
$175.95K
Total Holdings
$49.37M
Richard J. Tobin
CEO of Dover
2023 Compensation
Stock
$3.25M
Salary
$1.29M
Bonus
$2.00M
Other
$207.19K
Total Holdings
$104.20K
Terrence R. Curtin
CEO of TE Connectivity
2023 Compensation
Stock
$0.00
Salary
$1.30M
Bonus
$2.08M
Other
$368.57K
Total Holdings
$2.18M
Tod E. Carpenter
CEO of Donaldson Company
2022 Compensation
Stock
$0.00
Salary
$1.06M
Bonus
$1.28M
Other
$182.89K
Total Holdings
$850.82K
Eric D. Ashleman
CEO of IDEX
2023 Compensation
Stock
$0.00
Salary
$1.00M
Bonus
$828.00K
Other
$320.21K
Total Holdings
$6.17M
David A. Zapico
CEO of Ametek
2023 Compensation
Stock
$0.00
Salary
$1.36M
Bonus
$788.80K
Other
$566.38K
Total Holdings
$11.28M