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Danaher Corp. (NYSE: DHR), Washington, DC, has named Thomas Joyce Jr. as president and CEO, effective Sept. 9. Joyce's predecessor, H. Lawrence Culp Jr., will transition to a senior advisory role.
"The transition has proceeded quite well since April, and the board has concluded that Tom is now ready to be chief executive officer. He assumed the CEO-designate role with more than 20 years of Danaher leadership experience,” said Steven Rales, chairman of the board of directors.
Joyce began his career at Danaher in 1989 as a marketing project manager in the Danaher Tool Group. From 2006 until his CEO appointment, he was an executive vice president with responsibility for more than $9 billion of annual revenues.