Steven M. Rales

Co-Founder at Danaher Corporation

Steven M. Rales

Steven M. Rales

Co-Founder at Danaher Corporation

Biography

Founder of Danaher Corp. and Colfax Corp., Steven M. Rales presently is Chairman of Danaher Corp. Mr. Rales is also on the board of Fortive Corp. In his past career he was Director at Colfax Corp. Mr. Rales received an undergraduate degree from DePauw University.

Overview
Career Highlights

Danaher Corporation

RelSci Relationships

852

Number of Boards

3

Birthday

1952

Age

67

Number of Awards

15

Estimated Net Worth

$5.1B

Interests

Artwork Collecting

Relationships
RelSci Relationships are individuals Steven M. Rales likely has professional access to. A relationship does not necessarily indicate a personal connection.

Co-Founder at Danaher Corporation

Relationship likelihood: Strong

President & Chief Executive Officer at Danaher Corporation

Relationship likelihood: Strong

Former President & Chief Executive Officer at Wabash National Corp.

Relationship likelihood: Strong

Principal at Perseus Realty LLC

Relationship likelihood: Strong

Former Partner at The Boston Consulting Group, Inc.

Relationship likelihood: Strong

Chair of Innovation at College de France

Relationship likelihood: Strong

Executive Vice President & Chief Financial Officer at Gap, Inc.

Relationship likelihood: Strong

President & Chief Executive Officer at Fortive Corp.

Relationship likelihood: Strong

Former Executive Vice President, Merchandising & Replenishment at Walmart, Inc.

Relationship likelihood: Strong

Provost Professor of Biological Sciences & Chemistry at University of Southern California - Dana and David Dornsife College of Letters, Arts and Sciences

Relationship likelihood: Strong

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Steven M. Rales
Co-Founder at Danaher Corporation
Family Members
Sibling
Sibling
Co-Founder at Danaher Corporation

Danaher Corp. operates as a medical company, which designs, manufactures, and markets professional, medical, industrial and commercial products and services. It operates through the following five segments: Life Sciences, Diagnostics, Dental, and Environmental & Applied Solutions. The Life Sciences segment offers a range of research tools that scientists use to study the basic building blocks of life, including genes, proteins, metabolites and cells, in order to understand the causes of disease, identify new therapies and test new drugs and vaccines. The Diagnostics segment comprises of analytical instruments, reagents, consumables, software, and services that hospitals, physician's offices, reference laboratories, and other critical care settings use to diagnose disease and make treatment decisions. The Dental segment develops products and services that are used to diagnose, treat and prevent disease and ailments of the teeth, gums, and supporting bones; as well as to improve the aesthetics of the human smile. The Environmental & Applied Solution segment offers products and services that help protect important resources and keep global food and water supplies safe. The company was founded by Steven M. Rales and Mitchell P. Rales in 1969 and is headquartered in Washington, DC.

Parent, Deceased
Former Honorary Member, Board of Directors at Jewish Association for Residential Care

Education
J.D.
Class of 1978

American University Washington College of Law (WCL) is the law school of American University. It is located on Massachusetts Avenue in the Spring Valley neighborhood of Northwest Washington, D.C. The school is fully accredited by the American Bar Association, and a member of the AALS.

Undergraduate Degree
Class of 1973

DePauw University in Greencastle, Indiana, USA, is a private, national liberal arts college and School of Music with an enrollment of approximately 2,400 students. The school has a Methodist heritage and was originally known as Indiana Asbury University. DePauw is a member of both the Great Lakes Colleges Association and the North Coast Athletic Conference. The Society of Professional Journalists was founded at DePauw. DePauw is home to both the first modern-day sorority and the two longest continuously-running fraternities in the world.

Attendee
Class of 1969
Memberships
Member

Beta Theta Pi , is one of the oldest social collegiate fraternities in North America. It was founded in 1839 at Miami University in Oxford, Ohio. The fraternity currently consists of 129 active chapters and colonies in the United States and Canada. Around 184,000 members have been initiated worldwide, with approximately 130,000 living initiated members. There are currently around 8,000 undergraduate members. Beta Theta Pi is one of the three fraternities that form the Miami Triad along with Phi Delta Theta and Sigma Chi.

Career History
Co-Founder
1969 - Current

Danaher Corp. operates as a medical company, which designs, manufactures, and markets professional, medical, industrial and commercial products and services. It operates through the following five segments: Life Sciences, Diagnostics, Dental, and Environmental & Applied Solutions. The Life Sciences segment offers a range of research tools that scientists use to study the basic building blocks of life, including genes, proteins, metabolites and cells, in order to understand the causes of disease, identify new therapies and test new drugs and vaccines. The Diagnostics segment comprises of analytical instruments, reagents, consumables, software, and services that hospitals, physician's offices, reference laboratories, and other critical care settings use to diagnose disease and make treatment decisions. The Dental segment develops products and services that are used to diagnose, treat and prevent disease and ailments of the teeth, gums, and supporting bones; as well as to improve the aesthetics of the human smile. The Environmental & Applied Solution segment offers products and services that help protect important resources and keep global food and water supplies safe. The company was founded by Steven M. Rales and Mitchell P. Rales in 1969 and is headquartered in Washington, DC.

Professional
Prior

Colfax Corp. is an industrial manufacturing and engineering company, which engages in the provision of gas and fluid handling; and fabrication technology products and services to commercial and governmental customers. The firm operates its business through the following segments Air and Gas Handling; and Fabrication Technology. The Air and Gas Handling segment includes pumps; fluid-handling systems and controls; specialty valves; heavy-duty centrifugal and axial fans; rotary heat exchangers; and gas compressor. The Fabrication Technology develops, manufactures, and supplies consumable products and equipment. The company was founded by Mitchell P. Rales and Steven M. Rales in 1995 and is headquartered in Annapolis Junction, MD.

Boards & Committees
Member, Board of Directors
2016 - Current

Fortive is a diversified industrial conglomerate company headquartered in Everett, Washington, United States. Fortive was spun off from Danaher in July 2016. At the point of its independent incorporation, immediately became a component of the S&P 500. Fortive controls over 20 businesses in the areas of field instrumentation, transportation, sensing, product realization, automation and specialty, and franchise distribution. In July 2018, Fortive announced it is buying a software firm named Accruent for about $2 billion. Accurent makes software to track real estate and facilities.

Chairman of the Board
1983 - Current

Danaher Corp. operates as a medical company, which designs, manufactures, and markets professional, medical, industrial and commercial products and services. It operates through the following five segments: Life Sciences, Diagnostics, Dental, and Environmental & Applied Solutions. The Life Sciences segment offers a range of research tools that scientists use to study the basic building blocks of life, including genes, proteins, metabolites and cells, in order to understand the causes of disease, identify new therapies and test new drugs and vaccines. The Diagnostics segment comprises of analytical instruments, reagents, consumables, software, and services that hospitals, physician's offices, reference laboratories, and other critical care settings use to diagnose disease and make treatment decisions. The Dental segment develops products and services that are used to diagnose, treat and prevent disease and ailments of the teeth, gums, and supporting bones; as well as to improve the aesthetics of the human smile. The Environmental & Applied Solution segment offers products and services that help protect important resources and keep global food and water supplies safe. The company was founded by Steven M. Rales and Mitchell P. Rales in 1969 and is headquartered in Washington, DC.

Director
1995 - Prior

Colfax Corp. is an industrial manufacturing and engineering company, which engages in the provision of gas and fluid handling; and fabrication technology products and services to commercial and governmental customers. The firm operates its business through the following segments Air and Gas Handling; and Fabrication Technology. The Air and Gas Handling segment includes pumps; fluid-handling systems and controls; specialty valves; heavy-duty centrifugal and axial fans; rotary heat exchangers; and gas compressor. The Fabrication Technology develops, manufactures, and supplies consumable products and equipment. The company was founded by Mitchell P. Rales and Steven M. Rales in 1995 and is headquartered in Annapolis Junction, MD.

Political Donations
$2,000
2011

Senator from Maryland

Investments
Details Hidden

Indian Paintbrush LLC is a private company headquartered in Parker, CO. The firm manufactures and sells paint brush.

Public Holdings
Restricted data only for RelSci Professional users.
Advisors
Advisor

Co-Founder at BDT Capital Partners LLC

Awards & Honors
Rank #315
2017
Forbes Magazine - The World's Billionaires
Rank #435
2016
Forbes Magazine - The World's Billionaires
Rank #149
2015
Forbes Magazine - 400 Richest People in America
Other Affiliations
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