AMETEK Appoints John C. Henriques Vice President, Corporate Development

Rhea-AI Summary

AMETEK (NYSE: AME) has appointed John C. Henriques as Vice President, Corporate Development. Henriques, who joined AMETEK in 2010, has held positions of increasing responsibility and most recently served as Director, Corporate Development. Prior to AMETEK, he was an Investment Banking Associate at Janney Montgomery Scott. Henriques holds a BA in Finance from Franklin & Marshall College and an MBA from Villanova University.

AMETEK, a leading global provider of industrial technology solutions, has annual sales of approximately $7.0 billion. The company's growth model integrates Operational Excellence, New Product Development, Global and Market Expansion, and Strategic Acquisitions, focusing on cash generation and capital deployment. AMETEK aims for double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital.

Positive

• Appointment of experienced internal candidate to key leadership position
• Continued focus on strategic acquisitions and corporate development
• Strong annual sales of approximately $7.0 billion
• Integrated growth model targeting double-digit percentage growth in earnings per share

Negative

• None.

BERWYN, Pa., Aug. 8, 2024 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced the appointment of John C. Henriques as Vice President, Corporate Development.

"I am very pleased to announce John's promotion to this important role, as he has been a valuable contributor to our Corporate Development team," commented David A. Zapico, AMETEK Chairman and Chief Executive Officer. "His extensive acquisitions experience and proven leadership within AMETEK, make him exceptionally well-suited for this role. We look forward to his continued contributions to AMETEK's growth and success."

Mr. Henriques most recently served as Director, Corporate Development and has held positions of increasing responsibility since joining AMETEK in 2010. Prior to joining the company, he served as Investment Banking Associate for Janney Montgomery Scott.

Mr. Henriques holds a Bachelor of Arts degree in Finance from Franklin & Marshall College and a Master of Business Administration degree from Villanova University.

Corporate Profile
AMETEK (NYSE: AME) is a leading global provider of industrial technology solutions serving a diverse set of attractive niche markets with annual sales of approximately $7.0 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-john-c-henriques-vice-president-corporate-development-302217005.html

SOURCE AMETEK, Inc.

FAQ

Who is John C. Henriques and what is his new role at AMETEK (NYSE: AME)?

John C. Henriques has been appointed as Vice President, Corporate Development at AMETEK (NYSE: AME). He previously served as Director, Corporate Development and has been with the company since 2010.

What is AMETEK's (NYSE: AME) annual sales figure?

AMETEK (NYSE: AME) reports annual sales of approximately $7.0 billion.

What are the four growth strategies in AMETEK's (NYSE: AME) Growth Model?

AMETEK's (NYSE: AME) Growth Model integrates four strategies: Operational Excellence, New Product Development, Global and Market Expansion, and Strategic Acquisitions.

What is AMETEK's (NYSE: AME) earnings growth target?

AMETEK (NYSE: AME) aims for double-digit percentage growth in earnings per share over the business cycle.