BERWYN,
Pa., Jan. 16, 2024 /PRNewswire/ -- AMETEK, Inc.
(NYSE: AME) today announced that William J.
Burke, AMETEK Executive Vice President and Chief Financial
Officer, has decided to retire after 36 years of exceptional
service, including nearly eight years as Chief Financial Officer.
Mr. Burke's retirement will be effective April 2, 2024. AMETEK's Board of Directors has
named Dalip M. Puri, currently
AMETEK Senior Vice President, Operational Finance, to succeed Mr.
Burke as Executive Vice President and Chief Financial Officer. Mr.
Burke will remain with the Company as a Senior Advisor through
April 2025 to ensure a smooth
transition.
"I would like to thank Bill for his tremendous contributions to
AMETEK over a long and distinguished 36-year career," said
David A. Zapico, AMETEK Chairman and
Chief Executive Officer. "Bill's leadership, guidance and expertise
have been instrumental in the growth and success of AMETEK and the
development of our world-class finance organization. On behalf of
all AMETEK colleagues, I congratulate Bill on his outstanding
career, and wish him and his family all the best as they plan for
his upcoming retirement."
Mr. Burke joined AMETEK in 1987 and served in a number of
financial, operational and business unit management roles prior to
being named Vice President, Investor & Corporate Relations in
1999. He was elected Vice President, Investor Relations and
Treasurer in 2007 and in 2012 was named Senior Vice President,
Comptroller & Treasurer. He was elected Executive Vice
President and Chief Financial Officer in May
2016.
Corporate Profile
AMETEK, Inc. is a leading global
provider of industrial technology solutions serving a diverse set
of attractive niche markets with annual sales over $6.0 billion. The AMETEK Growth Model integrates
the Four Growth Strategies - Operational Excellence, New Product
Development, Global and Market Expansion, and Strategic
Acquisitions - with a disciplined focus on cash generation and
capital deployment. AMETEK's objective is double-digit percentage
growth in earnings per share over the business cycle and a superior
return on total capital. Founded in 1930, AMETEK has been listed on
the NYSE for over 90 years and is a component of the S&P 500.
For more information, visit www.ametek.com.
Contact:
Kevin
Coleman
Vice President, Investor Relations & Treasurer
kevin.coleman@ametek.com
Phone: 610.889.5247
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SOURCE AMETEK, Inc.