Danaher reported its third-quarter 2021 revenue at $7.2 billion, a 23% increase over the same period last year.
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The manufacturer reported a strong second quarter, as profit almost doubled to $1.7 billion.
Newly appointed EVP Jennifer L. Honeycutt will be responsible for a handful of Danaher's business divisions.
As part of the company’s previously disclosed succession plan, Blair is replacing retiring CEO Thomas P. Joyce Jr.
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Profit increases 33.1 percent to $758.4 million for the quarter.
Fourth-quarter sales increased 12.5 percent year-over-year.
