UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
|
|
|
Date of Report (Date of Earliest Event Reported):
|
|
November 5, 2014
|
AMETEK, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)
|
|
|
Delaware
|
1-12981
|
14-1682544
|
_____________________
(State or other jurisdiction
|
_____________
(Commission
|
______________
(I.R.S. Employer
|
of incorporation)
|
File Number)
|
Identification No.)
|
|
|
|
1100 Cassatt Road, Berwyn, Pennsylvania
|
|
19312
|
_________________________________
(Address of principal executive offices)
|
|
___________
(Zip Code)
|
|
|
|
Registrants telephone number, including area code:
|
|
610-647-2121
|
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 5, 2014, AMETEK, Inc., or the "Company," appointed Thomas C. Marecic, age 52, as President, Electronic Instruments. Mr. Marecic has served as Senior Vice President, Electronic Instruments since March 2013. Previously, he served as Vice President and General Manager, Process and Analytical Instruments since January 2006.
On November 5, 2014, AMETEK appointed Ronald J. Oscher, age 47, as President, Electronic Instruments. Mr. Oscher has served as Senior Vice President, Electronic Instruments since March 2013. Previously, he served as Vice President and General Manager, Materials Analysis since May 2010. Prior to joining AMETEK, Mr. Oscher was employed by Emerson Electric Company, where his most recent position was President – Analyzers & Solutions for Emerson Process Management from January 2008 to April 2010.
There is no arrangement or understanding between Mr. Marecic or Mr. Oscher and any other person pursuant to which either was selected President, Electronic Instruments, there is no family relationship between Mr. Marecic or Mr. Oscher and any Director or Officer of the Registrant, and neither Mr. Marecic or Mr. Oscher is party to any transaction in which the Registrant is a participant.
A copy of the Company’s press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
99.1 Copy of press release issued by AMETEK, Inc. on November 6, 2014.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
|
|
|
|
|
|
|
AMETEK, Inc.
|
|
|
|
|
|
November 7, 2014
|
|
By:
|
|
/s/ William J. Burke
|
|
|
|
|
|
|
|
|
|
Name: William J. Burke
|
|
|
|
|
Title: Senior Vice President - Comptroller and Treasurer
|
Exhibit Index
|
|
|
Exhibit No.
|
|
Description
|
|
|
|
99.1
|
|
Copy of press release issued by AMETEK, Inc. on November 6, 2014.
|
Exhibit 99.1
CORPORATE OFFICE
1100 Cassatt Road, Berwyn, PA 19312
Contact: Kevin C. Coleman (610) 889-5247
AMETEK ANNOUNCES TWO EXECUTIVE APPOINTMENTS
Berwyn, PA., November 6, 2014 AMETEK, Inc. (NYSE: AME) today announced two promotions within its
senior management team. Thomas C. Marecic and Ronald J. Oscher have each been promoted to
President, Electronic Instruments Group. In these roles, they will be responsible for overseeing
different divisions within the process businesses of AMETEKs Electronic Instrument Group. Tom and
Ron will report to David A. Zapico, AMETEKs Chief Operating Officer, who was overseeing these
businesses since his promotion to Chief Operating Officer in December, 2012.
I am very pleased to announce the promotions of Tom and Ron. They have both made significant
contributions to AMETEK and have done a truly outstanding job managing key businesses within
AMETEK. Their excellent management capabilities and deep knowledge of our businesses and markets
make them ideally suited for these expanded leadership roles, commented Frank S. Hermance, AMETEK
Chairman and Chief Executive Officer.
AMETEK has grown significantly and we are well positioned for continued strong growth. These
promotions reflect the tremendous growth opportunities and our continued focus on ensuring that we
have the appropriate management talent and structure in place to fully capitalize on these
opportunities, continued Mr. Hermance.
Mr. Marecic joined AMETEK in 1994 as a product engineer in our Process & Analytical Instruments
business. Tom was promoted to successively larger roles in management, including Vice President
and General Manager of our Process & Analytical Instruments Division in 2006. Most recently Tom
served as Senior Vice President and General Manager, Electronic Instruments Group since 2013.
Prior to joining AMETEK, Mr. Marecic held engineering positions with Millipore / Extrel and Three
Rivers Analytical.
Mr. Marecic holds a Bachelor of Science degree in Chemistry with Honors from Pennsylvania State
University, a Masters of Science in Chemistry from Duquesne University and an Executive MBA from
the University of Pittsburghs Katz School of Business.
Tom has demonstrated a track record of tremendous success during his more than 20 years with
AMETEK. Tom has done an excellent job in his prior roles by successfully combining organic growth,
acquisitions and geographic expansion, commented Frank Hermance, AMETEK Chairman and Chief
Executive Officer.
- MORE -
1
AMETEK ANNOUNCES TWO EXECUTIVE APPOINTMENTS
Page 2
Mr. Oscher joined AMETEK in 2010 as Vice President and General Manager of our Materials Analysis
Division and was promoted to Senior Vice President and General Manager, Electronic Instruments
Group in 2013. Prior to joining AMETEK, Mr. Oscher held several positions with Emerson Electric
Corporation including President Analyzers & Solutions, Analytical Group. Previously, he served
in a number of increasingly responsible roles in sales and marketing, planning and general
management within Emerson Process Management and its Power & Water Solutions Division. Prior to
Emerson Electric, Mr. Oscher held engineering, sales and marketing roles with Westinghouse and
McDonnell Douglas.
Mr. Oscher holds a Bachelors of Science degree in Fluid and Thermal Science Engineering from Case
Western Reserve University and a Masters of Business Administration degree from Baker College.
Ron has done a tremendous job managing the exceptional growth, profitability and global expansion
of many of our key process businesses. Additionally, Ron has been instrumental in developing and
expanding globally our sales and service infrastructure across key markets and geographies,
commented Frank Hermance, AMETEK Chairman and Chief Executive Officer.
Corporate Profile
AMETEK is a leading global manufacturer of electronic instruments and electro-mechanical
devices with 2013 sales of $3.6 billion. AMETEKs Corporate Growth Plan is based on Four Key
Strategies: Operational Excellence, Strategic Acquisitions, Global & Market Expansion and New
Products. AMETEKs 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 500 Index.
Forward-looking Information
Statements in this news release relating to future events, such as AMETEKs 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 AMETEKs ability to consummate and
successfully integrate future acquisitions; risks associated with international sales and
operations; AMETEKs 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 AMETEKs 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.
2
Ametek (NYSE:AME)
Historical Stock Chart
From Mar 2024 to Apr 2024
Ametek (NYSE:AME)
Historical Stock Chart
From Apr 2023 to Apr 2024