AMETEK Announces Key Leadership Appointments and Declares Quarterly Dividend

AMETEK

BERWYN, PAAMETEK, Inc. (NYSE: AME) has announced several key leadership appointments, including John C. Henriques as Vice President of Corporate Development, Vinatha Nathan as Vice President and General Manager of the MCT Division, and Rob Rideout Jr. as Vice President of Strategic Procurement.

“I am very pleased to announce John’s promotion to this important role, as he has been a valuable contributor to our Corporate Development team,” commented David A. Zapico, AMETEK Chairman and Chief Executive Officer. “His extensive acquisitions experience and proven leadership within AMETEK, make him exceptionally well-suited for this role. We look forward to his continued contributions to AMETEK’s growth and success.”

Henriques, who joined AMETEK in 2010, has held positions of increasing responsibility, most recently serving as Director of Corporate Development. Prior to AMETEK, he worked as an Investment Banking Associate for Janney Montgomery Scott. He holds a Bachelor of Arts degree in Finance from Franklin & Marshall College and an MBA from Villanova University.

Vinatha Nathan has been appointed Vice President and General Manager of the MCT Division. “I am pleased to announce Vinatha’s appointment as Vice President and General Manager, MCT Division,” commented Zapico. “Vinatha’s strong operational background and proven leadership capabilities will greatly contribute to the ongoing growth and success of the division.”

Nathan brings extensive experience to AMETEK, having served as Senior Vice President & General Manager for Crane Payment Innovations. She has also held various leadership roles at Crane ChemPharma & Energy and Eaton Corporation. Nathan holds an Executive MBA from Northwestern University Kellogg School of Management and a Master of Science in Mathematics from the Indian Institute of Technology.

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In another significant appointment, Rob Rideout Jr. has been named Vice President of Strategic Procurement. “I am delighted to promote Rob to Vice President, Strategic Procurement,” said Zapico. “Rob’s exceptional leadership and expertise in supply chain management have been invaluable. We are certain he will drive innovation and excellence in our strategic procurement initiatives.”

Rideout joined AMETEK in 2007 and has held various leadership roles, including Director of Strategic Sourcing for Power Systems and Instruments Division and Divisional Vice President of Supply Chain and Continuous Improvement for the Aerospace and Defense Division. Most recently, he served as Division Vice President of Operations and Supply Chain for Aerospace and Power. Rideout holds a Bachelor of Science degree in Business Administration from the University of New Hampshire.

In addition to these key appointments, AMETEK’s Board of Directors has declared a regular quarterly dividend of $0.28 per share for the third quarter ending September 30, 2024. This dividend is payable on September 30, 2024, to shareholders of record as of September 16, 2024.

These leadership changes and the declared dividend aim to strengthen AMETEK’s executive team and deliver value to shareholders.

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