About

Peter C. Underwood has served as Senior Vice President, Chief Legal Officer of Fortive since January 2025 and as Senior Vice President, General Counsel from May 2016 to January 2025. He reports directly to the CEO, and his responsibilities include management of Compliance, Enterprise Risk Management, EHS, and Sustainability.

Prior to joining Fortive, he served as Vice President, General Counsel and Secretary of Regal Beloit Corporation, a manufacturer of electric motors, from 2010 through May 2016.

Roles

Fortive Corp.
Senior Vice President, Chief Legal Officer · Current role
2016–present
Regal Beloit Corporation
Vice President, General Counsel and Secretary · A manufacturer of electric motors; served from 2010 through May 2016.
2010 – 2016
Foley & Lardner
Partner · Specialized in M&A, securities, compliance, and corporate governance.

Fixed Compensation

FY 2025
Salary
$630,000
ComponentAnnual base salary
All other compensation
$115,828
Total compensation
$5,091,771

Performance Compensation

Data from FY 2025

Cash incentive

Annual cash incentive
$570,402
FormCash
Target Opportunity
PlanExecutive Incentive Compensation Plan
Evaluation periodFY2025

Stock awards

Stock awards
$2,831,988
FormPSUs and RSUs under 2016 Stock Incentive Plan
ValuationGrant date fair value (ASC 718)

Also at Fortive Corp.

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