Olumide Soroye became Fortive’s president and CEO in June 2025, as the company completed the spin-off of Ralliant. The leadership change accompanied a narrower portfolio and a renewed emphasis on profitable growth, recurring revenue, Fortive’s operating system and shareholder returns. Fortive also says it is integrating AI into innovation—but its public strategy statements do not quantify AI’s contribution to growth, margins or cash flow.
Who is Olumide Soroye?
Soroye is Fortive’s president and CEO and a member of its board. Before taking the top role, he led the company’s Intelligent Operating Solutions and Advanced Healthcare Solutions segments. Fortive’s executive biography also notes earlier work at CoreLogic and McKinsey. Fortive previously said his CoreLogic role included leading the delivery of software, data and AI solutions; that experience is relevant context, not evidence of financial results from AI at Fortive.
| # | Preview | Product | Price | |
|---|---|---|---|---|
| 1 |
|
NEW 25B-V2P5N104 1 PCS AC Drive Controller 25BV2P5N104 | $375.04 | Buy on Amazon |
| 2 |
|
Electric Factory Sealed ATV630D15N4 Process AC speedt Drive | $1,173.78 | Buy on Amazon |
| 3 |
|
New 6ED1052-1FB08-0BA2 One-Year Warranty for Delivery | $131.88 | Buy on Amazon |
| 4 |
|
New in Box H3CA-A H3CAA Timer Module for delivery | $100.00 | Buy on Amazon |
| 5 |
|
New 22-COMM-E Comm Adapter 22-COMM-E | $200.00 | Buy on Amazon |
Why did Fortive change CEOs in 2025?
The change was tied to a corporate separation, rather than presented as an unrelated leadership departure. Fortive announced on June 30, 2025, that its separation of the Precision Technologies segment through a spin-off of Ralliant had been completed on June 28. In connection with the separation, Soroye assumed the president and CEO roles and joined the board; James Lico retired from those positions. Fortive’s announcement said shareholders received one Ralliant share for every three Fortive shares held as of the specified record date.
The company’s 2026 proxy statement describes the change as planned succession: the board appointed Soroye on June 27, 2025, with the appointment effective when the separation was completed. The sequence matters: the spin-off changed what remained inside Fortive, while the CEO transition put a new leader in charge of that post-separation business.
#1 Best Overall
- Founded in 2010, Chips Gate is a trusted supplier of industrial automation equipment, including PLC modules,motor drives, and control systems for both B2B and B2C needs.
- Wide selection of automation equipment suitable for various industrial and commercial applications.
- Durable packaging keeps your order fully protected in transit.
- Available for single-unit purchases or bulk orders to meet different project needs.
- Dedicated to maintaining consistent quality standards through careful selection and handling of equipment.
What does “new Fortive” mean for investors?
After the separation, Fortive described its strategy as accelerating profitable growth through the Fortive Business System (FBS), using a capital-allocation strategy focused on shareholder returns, and building investor trust. Board chair Sharmistha “Shar” Dubey described the remaining company as having a market-leading portfolio and greater focus on growth and recurring revenue, in the same June 2025 announcement.
Fortive reported that recurring revenue was approximately 50% in its announcement. That is a company-reported figure, not an independently verified measure. Recurring revenue can make a business’s sales more predictable, but the figure alone does not show how quickly the company will grow, how profitable those sales are, or what return shareholders will receive.
Rank #2
- Founded in 2010, Chips Gate is a trusted supplier of industrial automation equipment, including PLC modules,motor drives, and control systems for both B2B and B2C needs.
- Wide selection of automation equipment suitable for various industrial and commercial applications.
- Durable packaging keeps your order fully protected in transit.
- Available for single-unit purchases or bulk orders to meet different project needs.
- Dedicated to maintaining consistent quality standards through careful selection and handling of equipment.
FBS is Fortive’s management system for pursuing operating and financial goals. The company says it uses the system to drive growth, margin expansion and free cash flow in its growth strategy. For investors, the strategy’s eventual significance depends on results: whether growth is profitable, cash generation improves, and capital is allocated effectively. The stated priorities are aims, not guarantees.
How does AI fit into Fortive’s strategy?
Fortive presents AI as a capability it wants to integrate into innovation and growth, alongside other emerging technologies. Soroye put it this way on the company’s growth strategy page: “The Fortive Business System remains the engine of our success, and we’re amplifying its impact by integrating new capabilities, including AI and emerging technologies, to drive faster profitable growth and innovation.”
Rank #3
- Founded in 2010, Chips Gate is a trusted supplier of industrial automation equipment, including PLC modules,motor drives, and control systems for both B2B and B2C needs.
- Wide selection of automation equipment suitable for various industrial and commercial applications.
- Durable packaging keeps your order fully protected in transit.
- Available for single-unit purchases or bulk orders to meet different project needs.
- Dedicated to maintaining consistent quality standards through careful selection and handling of equipment.
That is a statement of strategy, not a reported measure of AI’s financial impact. The reviewed company materials do not assign AI a specific contribution to Fortive’s revenue growth, margins or cash flow. Fortive’s 2026 proxy statement frames “Expand product innovation through scaling AI and other capabilities” as a customer-success goal. It also reports more than 75% positive employee engagement in 2025 despite a year of change; that is a company-reported result, not an independently established survey measure.
The distinction for investors is between deploying AI as part of product development or operations and demonstrating that it produces measurable customer or financial outcomes. Fortive’s public statements establish the ambition, but do not provide an AI-specific financial result to assess.
Rank #4
- Founded in 2010, Chips Gate is a trusted supplier of industrial automation equipment, including PLC modules,motor drives, and control systems for both B2B and B2C needs.
- Wide selection of automation equipment suitable for various industrial and commercial applications.
- Durable packaging keeps your order fully protected in transit.
- Available for single-unit purchases or bulk orders to meet different project needs.
- Dedicated to maintaining consistent quality standards through careful selection and handling of equipment.
What does Fortive do after the Ralliant spin-off?
Fortive describes its purpose as innovating essential technologies to keep the world safe and productive. Its portfolio overview identifies solutions in areas including healthcare sterilization, industrial safety and predictive maintenance. Those examples illustrate the range of markets served by the company that remained after the separation; they are not a recommendation of any particular product.
That mix helps explain why the company’s strategy pairs innovation with operating discipline. Fortive serves industrial and healthcare customers through mission-critical technologies, while its stated priorities emphasize growth, recurring revenue and returns. The portfolio description itself does not establish how any individual business line will perform.
The Tool Desk
Outbyte Driver Updater FREEScan for outdated or missing drivers - takes under a minuteDriver Scan →Outbyte PC Repair FREERepair Windows errors before they cause bigger problemsFix Now →Best Value
- Is a trusted supplier of industrial automation equipment, including PLC modules,motor drives, and control systems for both B2B and B2C needs.
- Wide selection of automation equipment suitable for various industrial and commercial applications.
- Products are inspected and packaged securely to help ensure safe delivery.
- Available for single-unit purchases or bulk orders to meet different project needs.
- Dedicated to maintaining consistent quality standards through careful selection and handling of equipment
What should investors watch next?
The strategic claims become useful to shareholders when they can be compared with reported performance over time. Fortive has named profitable growth, FBS, recurring revenue, capital allocation and investor trust as priorities; it has not, in the cited materials, quantified AI’s realized financial contribution.
Quick Recap
- Growth and profitability: Look for reported performance that shows whether growth is profitable, rather than relying on the ambition alone.
- Recurring revenue: Treat the approximately 50% figure as Fortive’s reported characterization and look for context in later company reporting.
- Cash generation and capital allocation: Assess whether the company’s approach translates into cash flow and shareholder returns.
- AI outcomes: Distinguish product or capability plans from quantified customer benefits or financial results.
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
