H Lawrence Culp Jr Net Worth is95.3 $Million
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Company | Company Name: Danaher Corporation / company logo
The Danaher Corporation is a large global company headquartered in Washington, D.C., United States. Its products are concentrated in the fields of design, manufacture, and marketing of industrial and consumer products.
It operates in four segments: Professional Instrumentation, Medical Technologies, Industrial Technologies, and Tools & Components.
The company was organized in 1969. It was formerly known as DMG, Inc. and changed its name to Diversified Mortgage Investors, Inc. in 1978, then to Danaher Corporation in 1984.
In June 1986, Danaher purchased Chicago Pneumatic ("CP") who had just recently merged in July 1984 with a sister company The Jacobs Manufacturing Company ("Jacobs") and who had purchased Matco Tools Corporation ("MTC") in April 1981. Danaher sold CP in June 1987, retaining Jacobs, including its Matco Tools Division. Jacobs' name was changed to Matco Tools Corporation in November 1991, and the other divisions within Jacobs were established as separate operating companies. In January 1993, Danaher formed NMTC, Inc., which acquired a substantial portion of the assets of MTC, including the existing distributorship agreements of MTC.
The company is named after Danaher Creek in Montana where the Rales brothers, Steven and Mitchell, went fishing. Danaher Motion is the US Flagship of Danaher Corporation's Industrial Technologies branch with over $1 billion in sales.
Within two years of Danaher Corporations's founding in 1984, Danaher Corporation acquired 12 companies as part of a strategy to enter the manufacturing business. Therefore, in 1986 Danaher added Qualitrol to its instrumentation unit. The unit also included Gilbarco Veeder-Root's underground fuel storage sensors, Dynapar's motion sensors and Qualitrol's pressure and temperature measurement instruments, used on the electrical transformer industry.
UK based West Instruments provides control and measurement instrumentation solutions and services for the global industrial and proce

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H Lawrence Culp Jr Latest News

GE denies Bernie Madoff whistleblower's accusation of fraudulent accounting

Continue Reading Below “GE will always take any allegation of financial misconduct seriously,” H. Lawrence Culp, Jr., chairman and CEO of GE, told FOX Business in an emailed statement. “But this is ...
Posted: August 15, 2019, 11:40 am

Keller Lenkner LLC Files Class Action Suit Against General Electric Company and H. Lawrence Culp, Jr.

CHICAGO, Feb. 1, 2019 /PRNewswire/ -- Keller Lenkner LLC today announced that it filed a class action lawsuit on behalf of all purchasers of securities of General Electric Company ("GE" or the ...
Posted: February 1, 2019, 12:53 pm


BOSTON - October 1, 2018 - GE (NYSE: GE) announced today that H. Lawrence Culp, Jr. has been named Chairman and Chief Executive Officer of the Company by a unanimous vote of the GE Board of Directors, ...
Posted: October 1, 2018, 4:38 am
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