06:31 AM EDT, 06/30/2025 (MT Newswires) -- Fortive ( FTV ) and Ralliant ( RAL ) said Monday that they have completed their separation as of Saturday, with Fortive ( FTV ) fully spinning off its precision technologies segment as a new publicly traded company.

Ralliant ( RAL ) shares will begin trading Monday on the New York Stock Exchange under the ticker symbol, "RAL." Tami Newcombe will serve as Ralliant's ( RAL ) president and chief executive officer, the company said.

Concurrently with the separation, Fortive ( FTV ) said Olumide Soroye has taken over as president, CEO and board member, succeeding James Lico, who has retired from those roles but will remain with the company as a non-executive senior adviser until the end of the year.