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AMETEK Announces Appointment of Nick L. Stanage to Board of Directors

(Neutral)
(Very Positive)
Tags
management

AMETEK (NYSE: AME) appointed Nick L. Stanage to its Board of Directors effective May 8, 2026.

Stanage is former chairman and CEO of Hexcel (NYSE: HXL), retired May 2024, and currently serves on the boards of Hexcel, Huntington Ingalls Industries, and TriMas. AMETEK reports ~$7.5 billion in annual sales.

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Positive

  • Experienced CEO added with multi‑decade industrial leadership
  • Aerospace composites expertise from Hexcel strengthens technical board knowledge
  • Board continuity preserved via director with recent executive tenure
  • Company scale reinforced: ~$7.5B annual sales noted

Negative

  • None.

News Market Reaction – AME

-0.99%
-0.99% Session close to close

In the May 8 session, AME declined 0.99%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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BERWYN, Pa., May 8, 2026 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced that its Board of Directors has appointed Nick L. Stanage as a new director of the Company. Mr. Stanage is the former Chairman and Chief Executive Officer of Hexcel Corporation (NYSE: HXL), a global leader in advanced lightweight composite technologies for aerospace, defense, and industrial applications.

"We are excited to welcome Nick as a member of AMETEK's Board of Directors," said David A. Zapico, AMETEK Chairman and Chief Executive Officer. "Nick is a seasoned executive with decades of global industrial experience. His proven success at Hexcel combined with his outstanding operating experience nicely complements our current Board of Directors."

Mr. Stanage joined Hexcel in 2009 as President, before assuming the role of Chief Operating Officer in 2012. In 2013, he was named Hexcel's Chief Executive Officer and in 2014, became Chairman of the Board. Following his retirement in May 2024, Mr. Stanage served as Executive Chairman until November 2024.  Mr. Stanage now serves as a Director on Hexcel's Board in addition to the boards of Huntington Ingalls Industries and TriMas Corporation.

Prior to joining Hexcel, Mr. Stanage served as President of the Heavy Vehicles Product Group and Vice President and General Manager of the Commercial Vehicle Group at Dana Holding Corporation. Prior to these roles, Mr. Stanage spent 20 years with Honeywell, Inc. holding a number of leadership roles, including Vice President and General Manager, Engine Systems & Accessories.

Mr. Stanage holds a Bachelor of Science degree in Mechanical Engineering from Western Michigan University and a Master of Business Administration degree from the University of Notre Dame.

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 $7.5 billion. The AMETEK Growth Model integrates the Four Growth Strategies - Operational Excellence, Technology Innovation, 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 95 years and is a component of the S&P 500. For more information, visit www.ametek.com.

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/ametek-announces-appointment-of-nick-l-stanage-to-board-of-directors-302766073.html

SOURCE AMETEK, Inc.

FAQ

Who is Nick L. Stanage and why did AMETEK (AME) appoint him to the board on May 8, 2026?

Stanage is the former chairman and CEO of Hexcel with decades of industrial experience. According to the company, his operating and aerospace composites background complements AMETEK's board expertise and strategic priorities.

What roles did Nick Stanage hold before joining AMETEK's board (NYSE: AME)?

Stanage served as Hexcel's president, COO, CEO, and chairman before retiring in May 2024. According to the company, he also held leadership roles at Dana and Honeywell and now sits on multiple corporate boards.

Does AMETEK (AME) disclose Stanage's current board commitments and other directorships?

Yes. According to the company, Stanage currently serves as a director of Hexcel, Huntington Ingalls Industries, and TriMas. The appointment announcement lists his prior executive roles and qualifications.

How does Nick Stanage's appointment relate to AMETEK's size and strategy (NYSE: AME)?

The appointment aligns with AMETEK's growth model emphasizing operational excellence and technology innovation. According to the company, AMETEK has approximately $7.5 billion in annual sales and targets double‑digit EPS growth over the cycle.

Who can investors contact for more information about AMETEK's (AME) board appointment?

Investors can contact Kevin Coleman, AMETEK vice president, investor relations and treasurer. According to the company, his email is kevin.coleman@ametek.com and phone number is 610.889.5247.