AMETEK Appoints Daniel J. Ketchum Vice President and General Manager, Maintenance, Repair, Overhaul (MRO) Division

Rhea-AI Summary

AMETEK, Inc. (NYSE: AME) has appointed Daniel J. Ketchum as Vice President and General Manager for the MRO Division, effective April 1, 2023. Ketchum, who brings significant aerospace experience and leadership skills, previously served as Division Vice President and Business Unit Manager within AMETEK's Aerospace and Defense Division. His tenure at AMETEK began in 2018, and he previously held roles at General Electric. AMETEK aims for double-digit earnings growth and has over $6.0 billion in annual sales, continuously pursuing operational excellence and strategic expansion.

Positive

• Ketchum's extensive experience in aerospace and leadership is expected to enhance MRO business growth.
• Continued focus on operational excellence and strategic acquisitions aligns with AMETEK's growth model.

Negative

• None.

BERWYN, Pa., March 9, 2023 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced the appointment of Daniel J. Ketchum as Vice President and General Manager, MRO Division, effective April 1, 2023. Mr. Ketchum currently serves as Division Vice President and Business Unit Manager for the FMH-PDT business within AMETEK's Aerospace and Defense Division.

"I am pleased to announce Dan's promotion to Vice President and General Manager," commented David A. Zapico, AMETEK Chairman and Chief Executive Officer. "Dan brings excellent leadership skills, a strong operational background, and extensive aerospace experience to this role. We expect him to play a key role in the continued growth and success of our MRO businesses." 

Mr. Ketchum joined AMETEK in 2018 as Vice President, Operational Excellence for the Materials Analysis Division. Prior to joining AMETEK, he spent 13 years with General Electric, where he held leadership positions of increasing responsibility within their aviation businesses.

Mr. Ketchum holds Bachelor of Science and Master of Science degrees in Mechanical Engineering from the University of Michigan.

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

View original content:https://www.prnewswire.com/news-releases/ametek-appoints-daniel-j-ketchum-vice-president-and-general-manager-maintenance-repair-overhaul-mro-division-301767935.html

SOURCE AMETEK, Inc.

FAQ

Who is the new Vice President and General Manager of AMETEK's MRO Division?

Daniel J. Ketchum has been appointed as the Vice President and General Manager of AMETEK's MRO Division.

When will Daniel J. Ketchum take on his new role at AMETEK?

Daniel J. Ketchum will assume his new role on April 1, 2023.

What is Daniel J. Ketchum's background before joining AMETEK?

Before joining AMETEK, Ketchum spent 13 years at General Electric in various leadership roles within their aviation businesses.

What are AMETEK's goals regarding earnings growth?

AMETEK aims for double-digit percentage growth in earnings per share over the business cycle.