Danaher appoints Matthew Gugino as next Chief Financial Officer.

Tuesday, Jul 22, 2025 6:13 am ET1min read

Danaher Corporation has announced that Matthew Gugino will succeed Matthew McGrew as Chief Financial Officer effective February 28th, 2026. McGrew will continue as an Executive Vice President and retire after 20 years with the company. Gugino currently serves as Group Chief Financial Officer of the Life Sciences Innovations Group and Vice President of Financial Planning & Analysis.

Title: Danaher Announces Transition of Chief Financial Officer

Danaher Corporation (NYSE: DHR), a leading global life sciences and diagnostics innovator, has announced that Matthew Gugino will succeed Matthew McGrew as Chief Financial Officer (CFO) effective February 28, 2026. McGrew, who has served as CFO since January 2019, will transition to an Executive Vice President role as he approaches retirement after more than 20 years with the company.

Gugino, currently serving as Group Chief Financial Officer of the Life Sciences Innovations Group and Vice President of Financial Planning & Analysis, brings extensive experience in Investor Relations, FP&A, and M&A. His background includes roles at Barclays, Morgan Stanley, and KPMG, where he honed his skills in equity research and consulting. Gugino holds a Bachelor of Science degree in Accounting and a Master of Accountancy and Professional Consultancy from Villanova University.

McGrew's tenure as CFO has been marked by significant achievements. Under his leadership, Danaher nearly doubled both its revenue and market capitalization while improving its growth and margin profiles. He played pivotal roles in the acquisition of Cytiva and the launches of Envista and Veralto as public companies. McGrew will continue to support a seamless transition before gradually stepping into retirement.

Rainer Blair, President and Chief Executive Officer of Danaher, expressed gratitude for McGrew's contributions and confidence in Gugino's ability to lead the company forward. Blair noted that Gugino's broad experience and deep understanding of Danaher's financial strategy make him well-prepared for the role.

This transition aligns with Danaher's commitment to fostering a culture of innovation and continuous improvement. The company aims to build on its legacy of financial leadership and scientific excellence to become one of the world's most respected science and technology leaders.

References

[1] https://www.marketscreener.com/news/danaher-announces-transition-plan-for-chief-financial-officer-ce7c5cdcd18bf12c
[2] https://www.stocktitan.net/news/DHR/danaher-announces-transition-plan-for-chief-financial-fvnisqud39tc.html

Comments



Add a public comment...
No comments

No comments yet