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CORRECT(8/8): Idex CEO Leaves For Pall Corp; VP Silvernail To Succeed Him

("Idex CEO Leaves For Pall Corp; VP Silvernail To Succeed Him," published at 6:14 p.m. EDT on Aug. 8, misstated Pall Corp.'s closing price in the last paragraph. A correct version follows.) DOW JONES NEWSWIRES Idex Corp. (IEX) said Chief Executive Larry Kingsley will leave to head Pall Corp. (PLL) as the diversified manufacturer named Vice President Andrew Silvernail to succeed him. Silvernail joined Idex in January 2009 and most recently led its health and science, fire and safety and dispensing segments, which together make up more than half of the company's annual revenue. He previously worked at Newell Rubbermaid Inc. (NWL) and Danaher Corp. (DHR), among other companies. Idex has seen earnings climb on higher sales and rebounding orders in recent quarters amid global economic improvement. The company makes industrial pumps and valves as well as products such as the Jaws of Life rescue equipment used to extricate victims from small spaces such as wrecked cars. Kingsley, meanwhile, left to head Pall, a maker of filtration and purification products that serves sectors including medicine, energy, electronics and municipal water. As CEO of Pall, Kingsley will succeed Eric Krasnoff, who earlier this year announced plans to retire. Kingsley said he will remain chairman of Idex's board of directors through the end of the year to help ease an orderly transition. Idex shares closed at $34.38 Monday and were inactive in after-hours trading. The stock is up 4.5% over the past 12 months. Pall shares closed at $41.38 and were inactive after hours. The stock has jumped 46% over the past year. -By Drew FitzGerald, Dow Jones Newswires; 212-416-2909; Andrew.FitzGerald@dowjones.com

Stock News for Idex (IEX)
DateTimeHeadline
03/15/201506:57:31Dividend Challengers (And Near-Challengers): 51 Increases Expected...
03/06/201510:26:08Statement of Changes in Beneficial Ownership (4)
03/02/201515:48:41Statement of Changes in Beneficial Ownership (4)
03/02/201513:04:19Proxy Statement (definitive) (def 14a)
02/25/201517:30:19Current Report Filing (8-k)
02/24/201518:53:16Statement of Changes in Beneficial Ownership (4)
02/24/201518:38:28Statement of Changes in Beneficial Ownership (4)
02/24/201518:32:17Statement of Changes in Beneficial Ownership (4)
02/24/201518:24:53Statement of Changes in Beneficial Ownership (4)
02/24/201517:53:03Statement of Changes in Beneficial Ownership (4)
02/24/201517:38:23Statement of Changes in Beneficial Ownership (4)
02/24/201517:27:49Statement of Changes in Beneficial Ownership (4)
02/24/201517:24:45Statement of Changes in Beneficial Ownership (4)
02/24/201516:56:45Statement of Changes in Beneficial Ownership (4)
02/24/201516:53:56Statement of Changes in Beneficial Ownership (4)
02/24/201516:49:44Statement of Changes in Beneficial Ownership (4)
02/24/201516:45:05Statement of Changes in Beneficial Ownership (4)
02/24/201516:33:00IDEX Corporation Announces Changes to Board of Directors
02/23/201507:30:00Gabelli & Companyâs 25th Annual Pump, Valve & Water Systems S...
02/20/201516:06:37Statement of Changes in Beneficial Ownership (4)

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