BERWYN,
Pa, June 1, 2023 /PRNewswire/ -- AMETEK, Inc.
(NYSE: AME) today announced that its Board of Directors has elected
two new Vice Presidents. Frank
Donnelly and John Hoffman III
have been promoted to the positions of Vice President, Group
Controller and Vice President, Audit Services, respectively,
effective July 1, 2023.
"I am pleased to announce the promotions of Frank and John to
these important leadership roles," said David A. Zapico, AMETEK Chairman and Chief
Executive Officer. "Both individuals possess the experience,
expertise, and leadership qualities needed to help support AMETEK's
continued and sustainable growth."
Frank Donnelly - Vice
President, Group Controller
Frank Donnelly, in his new role
as Vice President, Group Controller, will oversee finance and
accounting related matters for AMETEK's Process and Analytical
Instruments and Measurement, Communications and Testing divisions
within AMETEK's Electronic Instruments Group.
Frank has been an integral part of AMETEK for over three
decades, providing financial leadership most recently as the
Division Vice President, Finance for the Process and Analytical
Instruments division. Mr. Donnelly will work closely with
divisional finance leaders, lead acquisition finance due diligence
efforts, and liaise with the Corporate Comptroller on the
consistent application of corporate financial processes.
"Frank's extensive experience and outstanding leadership within
our finance organization has been instrumental in our success,"
stated Mr. Zapico. "In this new role, Frank will continue to
deliver strong financial oversight and provide strategic guidance
to further AMETEK's growth."
Prior to his role in the Process and Analytical Instruments
division, Frank held leadership positions in finance with AMETEK's
U.S. Gauge business. Mr. Donnelly holds a Bachelor of Science in
Accounting and a Master of Business Administration from
St. Joseph's University. He is a
Certified Public Accountant and a member of the Pennsylvania
Institute of Certified Public Accountants.
John Hoffman III - Vice
President, Audit Services
In his new role as Vice President, Audit Services, John Hoffman III will assume responsibility for
overseeing all audit-related activities within AMETEK. With a
distinguished career and a wealth of financial and audit leadership
experience, John is well positioned to lead the Audit Services
team.
"John's promotion is a testament to his exceptional leadership
and financial expertise," stated Mr. Zapico. "His comprehensive
understanding of our business and his proven track record make him
the ideal candidate for this role."
Prior to his promotion, John most recently served as the
Director of Audit Services at AMETEK. He has also held significant
roles including Division Vice President, Finance for the
Measurement, Communications & Testing (MCT) division, and
Division Vice President, Finance for the Sensors, Test and
Calibration (STC) business unit.
Mr. Hoffman holds a Bachelor of Science degree in Accounting and
International Business from Pennsylvania State
University, and he earned his Master of Business
Administration from NYU. He is a
Certified Public Accountant and a member of the Pennsylvania
Institute of Certified Public Accountants.
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.