STOCK TITAN

Joseph Plante Promoted to Vice President and General Manager, Instrumentation & Specialty Controls Division

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

AMETEK, Inc. (NYSE: AME) has appointed Joseph Plante as the new Vice President and General Manager of its Instrumentation & Specialty Controls division. Plante previously excelled as Division Vice President at AMETEK Brookfield, contributing significantly to its growth. His career includes leadership roles at Diba Industries and Theragenics Corporation. AMETEK reported 2021 sales of $5.5 billion and aims for double-digit growth in earnings per share. The company integrates growth strategies focusing on operational excellence and capital management.

Positive
  • Appointment of Joseph Plante as Vice President and General Manager may enhance leadership and operational efficiency.
  • Plante's prior success at AMETEK Brookfield indicates potential for continued growth.
  • AMETEK reported 2021 sales of $5.5 billion, reflecting strong market presence.
Negative
  • None.

BERWYN, Pa., Feb. 10, 2022 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced the appointment of Joseph Plante as Vice President and General Manager of AMETEK's Instrumentation & Specialty Controls division (ISCD). Mr. Plante previously served as Division Vice President and Business Unit Manager for AMETEK Brookfield.

"I am pleased to announce Joe's promotion to Vice President and General Manager," commented David A. Zapico, AMETEK Chairman and Chief Executive Officer. "Joe has done a tremendous job driving excellent growth and expansion of our Brookfield business over the last four years. His strong leadership skills and operational background make him ideally suited for this new role." 

Before joining AMETEK in 2017, Joe was President of Diba Industries, a subsidiary of Halma, plc. Prior to that, he was President of NeedleTech Products and Galt Medical, which are divisions of Theragenics Corporation, a global medical device manufacturer.

Joe holds a Bachelor of Science in Electrical Engineering from University of Massachusetts Amherst, a Master of Science in Biomedical Engineering from Worcester Polytechnic Institute, and a Master of Business Administration from Babson College.

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:
Kevin Coleman
Vice President, Investor Relations and Treasurer
kevin.coleman@ametek.com 
Phone: 610-889-5247

Cision View original content:https://www.prnewswire.com/news-releases/joseph-plante-promoted-to-vice-president-and-general-manager-instrumentation--specialty-controls-division-301479214.html

SOURCE AMETEK, Inc.

FAQ

Who is Joseph Plante at AMETEK?

Joseph Plante is the newly appointed Vice President and General Manager of AMETEK's Instrumentation & Specialty Controls division.

What are AMETEK's 2021 sales figures?

AMETEK reported sales of $5.5 billion in 2021.

What is AMETEK's stock symbol?

AMETEK's stock symbol is AME.

What growth strategies does AMETEK implement?

AMETEK employs strategies like Operational Excellence, New Product Development, Global Expansion, and Strategic Acquisitions.

Why was Joseph Plante promoted?

Joseph Plante was promoted due to his strong leadership and successful growth at AMETEK Brookfield.

Ametek, Inc.

NYSE:AME

AME Rankings

AME Latest News

AME Stock Data

44.69B
231.31M
0.45%
91.07%
0.95%
Specialty Industrial Machinery
Industrial Instruments for Measurement, Display, and Control
Link
United States of America
BERWYN