Danaher (NYSE:DHR) yesterday announced a number of personnel moves among executives at the company.
SVP & chief accounting officer Robert S. Lutz notified the company that he will step down from his position as of Jan. 1, 2022, with Cristopher M. Bouda set to succeed him. Bouda has served as Danaher’s VP of finance since joining in August 2016.
According to a news release, after his departure from the roles on Jan. 1, 2022, Lutz is expected to continue performing services to Danaher on a part-time basis.
In connection with Bouda’s promotion, his annual base salary will increase to $475,000 with a 2022 annual cash incentive compensation award opportunity under the company’s 2007 Omnibus Incentive Plan based on a target percentage of 60%. Bouda will also receive a 2022 annual equity award under the plan with a target award value of $500,000, split evenly between stock options and time-vested restricted stock units.
Additionally, SVP of human resources Angela S. Lalor notified the company that she will step down from her position as of April 1, 2022. Georgeann F. Couchara will succeed Lalor in the role. Couchara currently serves as VP of talent, having served in a number of roles since joining Danaher in 2004.
Lalor, like Lutz, will continue to perform services to Danaher on a part-time basis following her departure on April 1, 2022.