Roper CEO Brian Jellison leaves post for health reasons

  • After almost 17 years in the position
  • Accolades, praise and thanks for Jellison
  • Neil Hunn taking over
  • Jellison will remain as Executive Chairman at Roper
  • Jellison spoke at length and said 155 words

(exechange) — Sarasota, Florida, August 24, 2018 — Brian Jellison, chief executive of Roper, leaves the position. It is a change at short notice. As announced by Roper Technologies, Inc. in a news release on Friday, August 24, 2018, Brian D. Jellison leaves his post as Chief Executive Officer at the technology company after almost 17 years in the role, effective September 1, 2018.

Jellison’s duties will be taken over by Laurence Neil Hunn, currently Chief Operating Officer of Roper Technologies, Inc.

It is a generational change as well. Neil Hunn is about 26 years younger than Brian Jellison.

Health reasons

Jellison’s imminent departure from the CEO post is explained as follows. Roper said: “Mr. Jellison has decided to step down from his positions as President and Chief Executive Officer to focus on his health following the diagnosis of a medical condition at the end of last week.”

Jellison will remain as Executive Chairman at Roper

“In accordance with the Company’s long-term succession planning process, Mr. Hunn will succeed Brian Jellison, who will remain Executive Chairman of Roper’s Board of Directors,” Roper said.

Share price rise since January 2009

The change follows a rise in the share price of Roper Technologies, Inc. since January 2009.

In the position of CEO since 2001

Brian D. Jellison has been the Chairman of Roper Technologies, Inc. since November 2003 and its Chief Executive Officer and President since November 6, 2001.

Prior to joining Roper, Jellison served as Corporate Executive Vice President at Ingersoll-Rand, a global diversified industrial company.

During his 26-year career with Ingersoll-Rand, Jellison served in a variety of senior level positions and assumed the principal responsibility for completing and integrating a variety of public and private new business acquisitions.

Push-out Score not determined

When the reason for the departure is health-related, a Push-out Score™ is not determined.

Read the full story in the exechange report 35.2018 ($).