AMETEK Appoints Lori Kieklak Vice President and General Manager, Power Systems and Instruments Division

Rhea-AI Summary

AMETEK, Inc. (NYSE: AME) appointed Lori Kieklak as Vice President and General Manager of its Power Systems and Instruments division. Kieklak, previously Divisional Vice President at AMETEK, brings extensive experience in driving strategic growth, having held significant positions at Keithley Instruments and Eaton. Her educational background includes a Bachelor’s in Mathematics from Pennsylvania State University and an MBA from the University of Pittsburgh. AMETEK aims for double-digit earnings per share growth through its strategic focus on operational excellence and innovative product development.

Positive

• Lori Kieklak's appointment may enhance leadership in the Power Systems division.
• Her experience in driving strategic growth is expected to benefit AMETEK's operations.

Negative

• Transition to a new leadership role may introduce initial disruption in the division.

BERWYN, Pa., Nov. 4, 2022 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced the appointment of Lori Kieklak as Vice President and General Manager, Power Systems and Instruments division. Ms. Kieklak previously served as Divisional Vice President and Business Unit Manager for the Dynamic Fluid Solutions business within AMETEK's Advanced Motion Solutions division.

"I am pleased to announce Lori's promotion to Vice President and General Manager," commented David A. Zapico, AMETEK Chairman and Chief Executive Officer. "Lori's broad global commercial experience and strong operational background coupled with her proven ability to drive strategic growth make her well suited to take on this important leadership role for our Power Systems and Instruments division." 

Before joining AMETEK in 2019, Lori served as Vice President and General Manager, Keithley Instruments. Prior to this, she served as President, Hydraulics Group Americas for Eaton and held leadership positions of increasing responsibility at General Electric.

Ms. Kieklak holds a Bachelor of Science degree in Mathematics from Pennsylvania State University and a Master of Business Administration degree from the University of Pittsburgh, Katz School of Business.

Corporate Profile
AMETEK is a leading global manufacturer of electronic instruments and electromechanical devices with 2021 sales of $5.5 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. The common stock of AMETEK is a component of the S&P 500.

Contact:
AMETEK, Inc.
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-lori-kieklak-vice-president-and-general-manager-power-systems-and-instruments-division-301668330.html

SOURCE AMETEK, Inc.

FAQ

Who is Lori Kieklak and what is her role at AMETEK?

Lori Kieklak is appointed as Vice President and General Manager of AMETEK's Power Systems and Instruments division.

What experience does Lori Kieklak bring to her new position at AMETEK?

Kieklak has extensive leadership experience, previously serving as Divisional Vice President at AMETEK and holding key roles at Keithley Instruments and Eaton.

What is AMETEK's growth strategy?

AMETEK's growth strategy focuses on operational excellence, new product development, global market expansion, and strategic acquisitions.

How does AMETEK aim to achieve its growth targets?

AMETEK aims for double-digit earnings per share growth over the business cycle with a disciplined focus on cash generation and capital deployment.