AMETEK Elects Three New Officers.Business Editors PAOLI, Pa.--(BUSINESS WIRE)--April 5, 2004 AMETEK Inc. (NYSE NYSE See: New York Stock Exchange :AME See AIT. ) today announced that the Board of Directors has elected three Vice President and General Managers. Harald Preben Caroe has been named Vice President and General Manager of the Test and Calibration calibration /cal·i·bra·tion/ (kal?i-bra´shun) determination of the accuracy of an instrument, usually by measurement of its variation from a standard, to ascertain necessary correction factors. Instruments Division (T&CI). Matthew C. French has been elected Vice President and General Manager of the Technical and Industrial Motors Division. Denise M. Schier has been named Vice President and General Manager of the Commercial Floorcare Division. Frank Hermance, AMETEK Chairman and Chief Executive Officer, said, "I am pleased to announce the promotion of three very talented managers. Each has made significant contributions to AMETEK, and their leadership will enable us to continue to grow their respective businesses." Mr. Caroe joined AMETEK in 2000 as Sales and Marketing Director for AMETEK Denmark. In 2001 he was made General Manager of AMETEK Denmark and in 2003 was promoted to Division Vice President with responsibility for Test & Calibration Instruments Division's European operations. Prior to joining AMETEK, Mr. Caroe was Executive Vice President of Sales for Krueger A/S and previously held various division, sales, and marketing management positions with Bruel & Kjaer A/S and ISS ISS See Institutional Shareholder Services (ISS). . Mr. Caroe is a graduate of the Marine Engineers School in Copenhagen and holds a Diploma in Export from The Special Courses of The Danish Commercial Schools. Mr. Caroe served as an officer in the Danish Navy. Mr. French has been named Vice President and General Manager of AMETEK's Technical and Industrial Motors Division. He joined AMETEK in 1990 and has held increasingly responsible sales and marketing positions in our Technical Motor businesses. Since 1999, Mr. French has been Division Vice President and Business Unit Manager of Technical & Industrial Products, a unit of AMETEK's Rotron Division. Mr. French holds a Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies in Physics from Heidelberg College Heidelberg College is a liberal arts college located in Tiffin, Ohio. Founded in 1850 by the German Reformed Church and currently affiliated with the United Church of Christ, the school has grown from an initial graduating class of five to its current enrollment of approximately and a Master of Business Administration from Kent State University. Ms. Schier has been named Vice President and General Manager of the Commercial Floorcare Division with global responsibility for this business. She has held a number of operations, marketing, and general management roles in AMETEK's Aerospace and Power Instrument businesses since joining AMETEK in 1989. Her most recent position was Division Vice President and Business Unit Manager of Aerospace's Sensors and Monitoring Products. Ms. Schier spent eight years with General Electric's Aircraft Instruments business in a variety of increasingly responsible manufacturing positions prior to its acquisition by AMETEK in 1989. Ms. Schier holds a Bachelor of Science degree in Mechanical Engineering from Boston University Boston University, at Boston, Mass.; coeducational; founded 1839, chartered 1869, first baccalaureate granted 1871. It is composed of 16 schools and colleges. and a Master of Business Administration from Northeastern University Northeastern University, at Boston, Mass.; coeducational; founded 1898 as a program within the Boston YMCA, inc. 1916, university status 1922, fully independent of the YMCA 1948. . Ms. Schier also completed General Electric's Manufacturing Management Program. Corporate Profile AMETEK is a leading global manufacturer of electronic instruments and electric motors with 2003 sales of nearly $1.1 billion. AMETEK's Corporate Growth Plan is based on Four Key Strategies: Operational Excellence, Strategic Acquisitions & Alliances, Global & Market Expansion and New Products. AMETEK's objective is double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital. The common stock of AMETEK is a component of the S&P MidCap mid·cap adj. 1. Or or relating to corporations whose retained earnings and outstanding shares of common stock have a value between those of small cap companies and large cap corporations. 2. 400 Index and the Russell 1000 Index The Russell 1000 Index is a stock market index of US stocks. The ticker is "RUI" or similar. See Russell Indexes page for main discussion. See also the iShares Russell 1000. External links
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