Matthew Cole Named Vice President and General Manager Advanced Measurement Technology Division
July 30 2009 - 8:00AM
PR Newswire (US)
PAOLI, Pa., July 30 /PRNewswire-FirstCall/ -- AMETEK, Inc.
(NYSE:AME) today announced the appointment of Matthew J. Cole as
Vice President and General Manager of its Advanced Measurement
Technology Division. Prior to joining AMETEK, Mr. Cole held several
positions with Danaher Corporation. Most recently, he had been
General Manager of Fluke Thermography, a subsidiary of Danaher,
since 2007. Previously, he had been Manufacturing Manager for Fluke
since 2006 with operational leadership responsibility for multiple
businesses. He also served as Vice President, Marketing, for
Hennessy Industries, an international aftermarket wheel service
equipment manufacturer. "We are pleased to welcome Matt Cole to
AMETEK. He brings extensive operating and general management
experience to his new position and is expected to make important
contributions to the continued growth and success of our Advanced
Measurement Technology businesses," notes Frank S. Hermance, AMETEK
Chairman and Chief Executive Officer. Prior to Danaher, Mr. Cole
held operating, marketing and service management positions with
Honeywell Automation and Control Solutions and Matsushita
Electronics/Panasonic. He was a Six Sigma Black Belt with
Honeywell's Aerospace Services business. Mr. Cole holds a
Bachelor's of Science degree in Engineering Science from Vanderbilt
University and Master's of Business Administration and Engineering
Management degrees from Northwestern University. AMETEK's Advanced
Measurement Technology (AMT) Division is a leader in advanced
analytical instrumentation marketed under the ORTEC , Princeton
Applied Research, Signal Recovery and Solartron Analytical brands.
Corporate Profile AMETEK is a leading global manufacturer of
electronic instruments and electromechanical devices with 2008
sales of $2.5 billion. AMETEK's Corporate Growth Plan is based on
Four Key Strategies: Operational Excellence, Strategic Acquisitions
& Alliances, Global & Market Expansion and New Products.
AMETEK's objective is double-digit percentage growth in earnings
per share over the business cycle and a superior return on total
capital. The common stock of AMETEK is a component of the S&P
MidCap 400 and the Russell 1000 Indices. Forward-looking
Information Statements in this news release relating to future
events such as AMETEK's expected business and financial performance
are "forward-looking statements." Forward-looking statements are
subject to various factors and uncertainties that may cause actual
results to differ significantly from expectations. These factors
and uncertainties include our ability to consummate and
successfully integrate future acquisitions; risks associated with
international sales and operations; our ability to successfully
develop new products, open new facilities or transfer product
lines; the price and availability of raw materials, compliance with
government regulations, including environmental regulations;
changes in the competitive environment or the effects of
competition in our markets; the ability to maintain adequate
liquidity and financing sources; and general economic conditions
affecting the industries we serve. A detailed discussion of these
and other factors that may affect our future results is contained
in AMETEK's filings with the U.S. Securities and Exchange
Commission, including its most recent reports on Form 10-K, 10-Q
and 8-K. AMETEK disclaims any intention or obligation to update or
revise any forward-looking statements. Contact: William Burke
(610)-889-5249 DATASOURCE: AMETEK, Inc. CONTACT: William Burke of
AMETEK, +1-610-889-5249 Web Site: http://www.ametek.com/
Copyright