AMETEK Appoints Vinatha Nathan Vice President and General Manager, Measurement, Communications & Testing (MCT) Division

Rhea-AI Summary

AMETEK (NYSE: AME) announced the appointment of Vinatha Nathan as Vice President and General Manager of the Measurement, Communications & Testing (MCT) Division, effective August 8, 2024. David A. Zapico, AMETEK Chairman and CEO, praised Nathan's operational background and leadership capabilities.

Ms. Nathan previously served as Senior Vice President & General Manager for Crane Payment Innovations and held various senior roles at Crane ChemPharma & Energy and Eaton She holds an Executive MBA from Northwestern University and a Master of Science in Mathematics from the Indian Institute of Technology.

AMETEK, a global provider of industrial technology solutions, aims for double-digit percentage growth in earnings per share and a superior return on total capital. The company reported approximately $7.0 billion in annual sales.

Positive

• Appointment of Vinatha Nathan as VP and GM of MCT Division, bringing extensive experience.
• Company emphasizes Nathan's proven leadership in operational roles.
• AMETEK aims for 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 Vinatha Nathan as Vice President and General Manager, MCT Division.

"I am pleased to announce Vinatha's appointment as Vice President and General Manager, MCT Division," commented David A. Zapico, AMETEK Chairman and Chief Executive Officer. "Vinatha's strong operational background and proven leadership capabilities will greatly contribute to the ongoing growth and success of the division."

Ms. Nathan brings a wealth of experience to AMETEK, having most recently served as Senior Vice President & General Manager for Crane Payment Innovations. Prior to that, Ms. Nathan held various roles with increasing responsibilities at Crane ChemPharma & Energy and Eaton Corporation.

Ms. Nathan holds an Executive MBA from Northwestern University Kellogg School of Management and a Master of Science in Mathematics from Indian Institute of Technology.

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-vinatha-nathan-vice-president-and-general-manager-measurement-communications--testing-mct-division-302217004.html

SOURCE AMETEK, Inc.

FAQ

What new management change was announced by AMETEK on August 8, 2024?

AMETEK announced the appointment of Vinatha Nathan as Vice President and General Manager of the Measurement, Communications & Testing (MCT) Division.

What is the background of Vinatha Nathan, AMETEK's new VP and GM of the MCT Division?

Vinatha Nathan was previously the Senior Vice President & General Manager for Crane Payment Innovations and held senior roles at Crane ChemPharma & Energy and Eaton

What educational qualifications does Vinatha Nathan have?

Vinatha Nathan holds an Executive MBA from Northwestern University Kellogg School of Management and a Master of Science in Mathematics from the Indian Institute of Technology.

What are AMETEK's financial objectives mentioned in the recent press release?

AMETEK aims for double-digit percentage growth in earnings per share and a superior return on total capital.

What was AMETEK's annual sales figure mentioned in the August 8, 2024, press release?

AMETEK reported approximately $7.0 billion in annual sales.