Danaher Corporation

Danaher Corporation
Company typePublic
IndustryConglomerate
Founded
  • 1969 (1969) (as DMG)
  • 1984 (1984) (as Danaher)
FoundersSteven and Mitchell Rales
HeadquartersWashington, D.C., U.S.
Area served
Worldwide
Key people
Steven Rales, Chairman of the Board
Mitchell Rales, Chairman of the Executive Committee
Rainer M. Blair, President & CEO
Matt McGrew, Executive VP & CFO
RevenueDecrease US$23.9 billion (2023)
Decrease US$5.20 billion (2023)
Decrease US$4.76 billion (2023)
Total assetsIncrease US$84.5 billion (2023)
Total equityIncrease US$53.5 billion (2023)
Number of employees
c. 63,000 (2023)
DivisionsList of divisions
Websitedanaher.com
Footnotes / references
[1]
Former logo

Danaher Corporation is an American globally diversified conglomerate founded by brothers Steven and Mitchell Rales in 1984. Headquartered in Washington, D.C., the company designs, manufactures, and markets medical, industrial, and commercial products and services.[1] It has primarily grown by acquisitions, and historically has tried to maintain a very low public profile.[2][3] Danaher was one of the first companies in North America to adopt the Kaizen principles to manufacturing,[4] which is a lean manufacturing Japanese philosophy of continuous improvement and elimination of waste.[5]

  1. ^ a b "Danaher Corporation 2023 Form 10-K Annual Report". U.S. Securities and Exchange Commission. February 21, 2024.
  2. ^ Drummond, Bob (2 April 2004). Takeover Wizards, New Zealand Herald
  3. ^ Valdez, Angela (6 June 2008). A Very Private Collection, Washington City Paper
  4. ^ "Fortive and Danaher, Steven and Mitchell Rales". Fortive.
  5. ^ Fox, Justin (19 May 2015). What Makes Danaher Corp. Such a Star?, Bloomberg (discussing kaizen and privacy of company)

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