Hexcel veteran Nick Stanage joins AMETEK (NYSE: AME) board of directors
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
AMETEK, Inc. has appointed Nick L. Stanage to its Board of Directors as an independent Class III director, effective May 7, 2026, with a term running until the 2027 annual meeting. He will receive a pro rata portion of the annual $120,000 cash retainer and a pro rata annual equity award targeted at $210,000, along with reimbursement of board-related expenses.
Stanage is the former Chairman and CEO of Hexcel Corporation and currently serves on the boards of Hexcel, Huntington Ingalls Industries, and TriMas. AMETEK describes itself as a global industrial technology company with approximately $7.5 billion in annual sales and a goal of double-digit earnings per share growth over the business cycle.
Positive
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Negative
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8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Annual director cash retainer: $120,000
Annual equity award target: $210,000
Annual sales: $7.5 billion
+2 more
5 metrics
Annual director cash retainer
$120,000
Non-employee director annual basic retainer fee
Annual equity award target
$210,000
Target value of non-employee director annual equity award
Annual sales
$7.5 billion
AMETEK annual sales across industrial technology markets
Earnings growth objective
Double-digit %
Target earnings per share growth over the business cycle
Director term end
2027 Annual Meeting
Class III director term for Nick L. Stanage
Key Terms
independent director, annual equity award, Executive Chairman, AMETEK Growth Model, +1 more
5 terms
independent director financial
"Mr. Stanage joins the Board as an independent director."
An independent director is a member of a company's board of directors who is not involved in the company's day-to-day operations and has no significant relationships with the company that could influence their judgment. Their role is to provide unbiased oversight and ensure the company is managed in the best interests of all shareholders. This helps build trust and confidence among investors by promoting transparency and accountability.
annual equity award financial
"Non-employee directors also receive an annual equity award with a target value of $210,000."
Executive Chairman financial
"Following his retirement in May 2024, Mr. Stanage served as Executive Chairman until November 2024."
An executive chairman is the board leader who also takes an active role in running the company, combining oversight of the board with hands-on involvement in strategy and major decisions. For investors, this matters because it concentrates influence in one person—like a team captain who both sets the game plan and plays on the field—so their judgment can speed decisions but also increases governance and succession risk that can affect stock value.
AMETEK Growth Model financial
"The AMETEK Growth Model integrates the Four Growth Strategies - Operational Excellence, Technology Innovation, Global and Market Expansion, and Strategic Acquisitions -"
Strategic Acquisitions financial
"The AMETEK Growth Model integrates the Four Growth Strategies - Operational Excellence, Technology Innovation, Global and Market Expansion, and Strategic Acquisitions -"
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 7, 2026
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(Exact name of registrant as specified in its charter)
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(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | |||||||||
| (Address of principal executive offices) | (Zip Code) | ||||||||||
Registrant’s telephone number, including area code: (610 ) 647-2121
Not Applicable
(Former name or former address, if changed since last report)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Nick L. Stanage was appointed to the Board of Directors of AMETEK, Inc., or the “Company” effective May 7, 2026 to serve as a Class III Director until the 2027 Annual Meeting. Mr. Stanage joins the Board as an independent director. There is no arrangement or understanding between Mr. Stanage and any other person pursuant to which he was appointed as a director.
Non-employee directors receive compensation for service as a director which includes an annual basic retainer fee of $120,000, payable in advance in equal quarterly installments. Accordingly, Mr. Stanage will receive the pro rata portion of the annual fee for 2026. Non-employee directors also receive an annual equity award with a target value of $210,000. Accordingly, Mr. Stanage will receive a pro rata equity award. Additionally, non-employee directors are reimbursed for expenses related to their Board service.
On May 8, 2026, the Company issued a press release announcing Mr. Stanage’s appointment, a copy of which is attached as Exhibit 99.1 hereto and is hereby incorporated by reference in this Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |||||||
99.1 | Press Release dated May 8, 2026, “AMETEK Announces Appointment of Nick L. Stanage to Board of Directors" | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| AMETEK, Inc. | |||||||||||
| May 8, 2026 | By: | /s/ ROBERT J. AMODEI | |||||||||
| Name: Robert J. Amodei | |||||||||||
| Title: Senior Vice President – Controller | |||||||||||
Exhibit 99.1
AMETEK Announces Appointment of Nick L. Stanage to Board of Directors
Berwyn, PA, May 8, 2026 – 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
FAQ
What did AMETEK (AME) announce about its Board of Directors?
AMETEK announced that Nick L. Stanage has been appointed as an independent Class III director effective May 7, 2026. He will serve until the 2027 annual meeting, adding extensive industrial and aerospace experience from prior leadership roles at Hexcel, Dana, and Honeywell.
How will new director Nick Stanage be compensated at AMETEK (AME)?
Nick Stanage will receive the standard non-employee director package, including a pro rata portion of the $120,000 annual cash retainer and a pro rata annual equity award targeted at $210,000. He will also be reimbursed for reasonable expenses related to his Board service.
What is Nick Stanage’s professional background before joining AMETEK’s board?
Nick Stanage is the former Chairman and Chief Executive Officer of Hexcel Corporation, a leader in advanced lightweight composites. He joined Hexcel in 2009, became CEO in 2013 and Chairman in 2014, later serving as Executive Chairman, and also held senior roles at Dana and Honeywell.
How does AMETEK (AME) describe its business and financial scale?
AMETEK describes itself as a leading global provider of industrial technology solutions serving diverse niche markets. It reports annual sales of approximately $7.5 billion and aims for double-digit percentage growth in earnings per share over the business cycle with a focus on strong returns on total capital.
What is the AMETEK Growth Model mentioned in the announcement?
The AMETEK Growth Model integrates four strategies: Operational Excellence, Technology Innovation, Global and Market Expansion, and Strategic Acquisitions. These are combined with disciplined cash generation and capital deployment, supporting the company’s objective of double-digit earnings per share growth and superior returns on total capital over the business cycle.
What other boards does Nick Stanage serve on besides AMETEK (AME)?
In addition to joining AMETEK’s Board of Directors, Nick Stanage serves as a director on the boards of Hexcel Corporation, Huntington Ingalls Industries, and TriMas Corporation. These roles reflect his broad experience across aerospace, defense, and industrial markets that align with AMETEK’s end markets.