Washington, DC 4/16/14—Danaher has named Executive Vice President Thomas P. Joyce, Jr. to succeed H. Lawrence Culp, Jr. as president and CEO. Mr. Culp will retire on March 1, 2015. Mr. Joyce is currently responsible for Danaher’s Water Quality, Life Sciences and Diagnostics platforms, which have combined annual revenues of over $9 billion. “During Larry’s tenure, Danaher’s revenues and market capitalization have increased approximately fivefold to nearly $20 billion and $50 billion, respectively, while at the same time driving shareholder returns five times that of the S&P 500 Index. He has been instrumental in reshaping the portfolio and positioning us today as a leading global science and technology company,” commented Danaher Chairman Steven M. Rales.