IDEX Corporation Names William Grogan as Chief Financial Officer
January 03 2017 - 5:05PM
Business Wire
IDEX CORPORATION (NYSE:IEX) announced today that William
K. Grogan has been appointed Senior Vice President and Chief
Financial Officer of the Company.
Mr. Grogan has been at IDEX for five years and has served as
Vice President of Finance, Operations since 2015. Prior to that, he
was Chief Financial Officer for the Company’s Health and Science
Technologies and Fire, Safety and Diversified Technologies segments
from 2012 to 2015. Before joining IDEX Corporation, Mr. Grogan most
recently served as Director of Finance, Store Operations at
Walgreen Company from 2011 to 2012. Mr. Grogan holds an MBA from
Northwestern University’s Kellogg School of Management and an
Undergraduate degree in Finance from Merrimack College.
IDEX Chairman and Chief Executive Officer Andy Silvernail
stated, “I am delighted with Bill’s promotion to Chief Financial
Officer. Over the past several months we have done a thorough
evaluation of internal and external candidates in order to ensure
that we have a world class finance leader. Bill’s track record of
success within IDEX, his proven ability to grow talent and build an
organization make him uniquely qualified. We are fortunate to have
someone of Bill’s caliber as our next CFO.”
Michael J. Yates, who has served as the Company’s Interim Chief
Financial Officer since September 2016, will resume his position as
Vice President and Chief Accounting Officer. Mr. Silvernail thanked
Mr. Yates, saying “Mike did a terrific job as interim Chief
Financial Officer over the past few months. Under his leadership we
sustained our high level of performance which enabled us to conduct
an in depth CFO search. I am very appreciative of Mike’s
long–standing contributions to IDEX, especially in this time of
transition."
About IDEX
IDEX Corporation is an applied solutions company specializing in
fluid and metering technologies, health and science technologies,
and fire, safety and other diversified products built to its
customers’ exacting specifications. Its products are sold in niche
markets to a wide range of industries throughout the world. IDEX
shares are traded on the New York Stock Exchange and Chicago Stock
Exchange under the symbol “IEX”.
For further information on IDEX Corporation and its business
units, visit the company’s website at www.idexcorp.com
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version on businesswire.com: http://www.businesswire.com/news/home/20170103006348/en/
IDEX CorporationAndrew K. SilvernailChairman and Chief Executive
Officer847.498.7070
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