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AMETEK Promotes Dalip M. Puri to Executive Vice President and Chief Financial Officer

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AMETEK, Inc. announced the appointment of Dalip M. Puri as Executive Vice President and Chief Financial Officer, effective April 2, 2024, replacing William J. Burke. The company's objective is double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital.
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BERWYN, Pa., Jan. 16, 2024 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced the Board of Directors has elected Dalip M. Puri as Executive Vice President and Chief Financial Officer, effective April 2, 2024. Mr. Puri currently serves as Senior Vice President, Operational Finance. He will replace William J. Burke who has announced his retirement after 36 years with AMETEK. 

"I am very pleased to announce Dalip's appointment as Executive Vice President and Chief Financial Officer," said David A. Zapico, AMETEK Chairman and Chief Executive Officer. "Throughout his tenure at AMETEK, Dalip has provided strong leadership within our financial organization and has led a number of important initiatives across the company. His extensive background in corporate finance, treasury, investor relations and controllership, along with his excellent leadership skills, make him ideally suited to lead AMETEK's strong financial organization."

Mr. Puri was promoted to Senior Vice President, Operational Finance in September 2023 after being named Vice President, Operational Finance in July 2023. Prior to that, Mr. Puri was Vice President and Group Controller since October 2021. Dalip joined AMETEK in 2017 as Vice President and Treasurer. Prior to joining AMETEK, Dalip was Vice President, Treasurer and Investor Relations at Chemtura Corporation. Earlier in his career Dalip held roles of increasing responsibility at Delphi Corporation and Hewitt Associates.

Mr. Puri holds a Bachelor of Commerce in Finance degree from Concordia University and a Master of Business Administration degree from the University of Western Ontario.

Corporate Profile
AMETEK, Inc. is a leading global provider of industrial technology solutions serving a diverse set of attractive niche markets with annual sales over $6.0 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

Cision View original content:https://www.prnewswire.com/news-releases/ametek-promotes-dalip-m-puri-to-executive-vice-president-and-chief-financial-officer-302035054.html

SOURCE AMETEK, Inc.

Dalip M. Puri was appointed as the Executive Vice President and Chief Financial Officer of AMETEK, Inc. effective April 2, 2024.

Dalip M. Puri is replacing William J. Burke as the Executive Vice President and Chief Financial Officer of AMETEK, Inc.

AMETEK's objective is double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital.

AMETEK's annual sales are over $6.0 billion.

AMETEK was founded in 1930.
Ametek Inc

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Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables
Manufacturing
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Producer Manufacturing, Miscellaneous Manufacturing, Electrical Products, Manufacturing, Motor and Generator Manufacturing
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Berwyn

About AME

ametek is a global leader in electronic instruments and electromechanical devices with annual sales of $4.0b. we have approximately 15,000 colleagues at over 120 manufacturing locations with 100 sales and service locations in more than 30 other countries. ametek has a track record of exceptional financial and market success, and our vision is to double the size and profitability of the company within the next five years. ametek's corporate growth plan is based on four key strategies: operational excellence strategic acquisitions & alliances global & market expansion new products ametek colleagues worldwide are committed to our success. through their hard work and dedication, we will achieve our vision for ametek. for more information on ametek career opportunities, visit our web page below.