An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
IDEX Corporation Announces Appointment of Paris Watts-Stanfield to Board of Directors
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
management
Rhea-AI Summary
IDEX Corporation (NYSE:IEX) announced the appointment of Paris Watts-Stanfield to its Board of Directors, effective February 25, 2022, increasing the board size to 11 members. Ms. Watts-Stanfield, currently CFO of Greater China at Medtronic, brings significant experience in corporate finance and audit roles. She will also serve on the Audit Committee. Leadership emphasized her global business skills and alignment with IDEX's mission to enhance value and growth.
Positive
Appointment of Paris Watts-Stanfield enhances board expertise, bringing global business and finance experience.
Expected positive impact on corporate governance and strategic direction due to her strong background.
Negative
Change in board composition may raise concerns over continuity and potential experience gaps during transition.
NORTHBROOK, Ill.--(BUSINESS WIRE)--
IDEX Corporation (NYSE:IEX) today announced the appointment of Paris Watts-Stanfield to the company’s Board of Directors. The appointment of Ms. Watts-Stanfield, effective February 25, 2022, increases the size of the board from 10 to 11 directors. She will serve on the board’s Audit Committee.
Paris Watts-Stanfield is appointed to the Board of Directors of IDEX Corporation (NYSE: IEX) effective February 25, 2022. (Photo: Business Wire)
Ms. Watts-Stanfield currently serves as Vice President and Chief Financial Officer, Greater China, of Medtronic, Inc., a global leader in medical technology, services and solutions. She has deep experience in corporate finance and audit functions through a career spanning Medtronic, Alcoa, Wal-Mart, and Procter & Gamble.
“Paris brings outstanding global business skills and broad experience to IDEX to support our next chapter of growth and value creation. We see tremendous personal alignment to the mission that supports our efforts, Trusted Solutions, Improving Lives®,” said IDEX Chief Executive Officer and President Eric D. Ashleman.
A passionate community advocate, Paris serves on the board of Feeding America. In addition, she is a member of the African Descent Network leadership team at Medtronic. She holds an MBA in Finance, Organizations & Markets from the University of Rochester, Simon School of Management, and a bachelor’s degree in Mathematics from the State University of New York.
“Paris has unique perspectives to offer regarding global financial systems and controls, as well as the Environmental, Social and Governance (ESG) commitments a company ought to be making today. She will certainly enhance our dialog in guiding IDEX to new levels of success,” said William M. Cook, Non-Executive Chairman of the Board.
About IDEX
IDEX (NYSE: IEX) is a company that has undoubtedly touched your life in some way. In fact, IDEX businesses make thousands of products that are mission-critical components in everyday activities. Chances are the car you’re driving has a BAND-IT® clamp holding your side airbag safely in place. If you were ever in a car accident, a Hurst Jaws of Life® rescue tool may have saved your life. If you or a family member is battling cancer, your doctor may have tested your DNA in a quest to find the best targeted medicine for you. It’s likely your DNA test was run on equipment that contains components made by our IDEX Health & Science team. Founded in 1988 with three small, entrepreneurial manufacturing companies, we’re proud to say that we now call over 45 diverse businesses around the world part of the IDEX family. With more than 7,500 employees and manufacturing operations in more than 20 countries, IDEX is a high-performing, global company with nearly $2.8 billion in sales, committed to making trusted solutions that improve lives. IDEX shares are traded on the New York Stock Exchange under the symbol “IEX”.
For further information on IDEX Corporation and its business units, visit the company’s website at www.idexcorp.com.
Allison S. Lausas Vice President and Chief Accounting Officer
847-498-7070
Mark Spencer Vice President, Global Communications 847-457-3793
Source: IDEX Corporation
FAQ
What is the significance of Paris Watts-Stanfield's appointment to IDEX Corporation's board?
Paris Watts-Stanfield's appointment is expected to enhance IDEX's governance and strategic direction, leveraging her extensive global finance experience.
When did Paris Watts-Stanfield join the IDEX Corporation Board?
Paris Watts-Stanfield joined the IDEX Corporation Board of Directors on February 25, 2022.
What role will Paris Watts-Stanfield serve on the IDEX Corporation Board?
She will serve on the Audit Committee of the IDEX Corporation Board.
What experience does Paris Watts-Stanfield bring to IDEX Corporation?
She has extensive experience in corporate finance and audit from her roles at Medtronic, Alcoa, Wal-Mart, and Procter & Gamble.
How many directors are there currently on the IDEX Corporation Board?
With the addition of Paris Watts-Stanfield, the IDEX Corporation Board has 11 directors.
