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AMETEK Names Bruce P. Wilson as Vice President and General Manager, AMETEK Taylor Hobson.


PAOLI, Pa. -- AMETEK Inc. (NYSE NYSE

See: New York Stock Exchange
:AME See AIT. ) today announced that the Board of Directors has elected Mr. Bruce P. Wilson, as Vice President and General Manager of its Taylor Hobson Division. Taylor Hobson, based in Leicester, England was recently acquired by AMETEK. Mr. Wilson has served as Chief Executive Officer of Taylor Hobson since joining the Company in 1999.

Frank Hermance, AMETEK Chairman and Chief Executive Officer, said, "I am pleased to announce Bruce's election as Vice President and General Manager of our Taylor Hobson Division. He has done a great job growing the Taylor Hobson business, streamlining its operations and improving its profitability. We look forward to Bruce's continued leadership in growing Taylor Hobson as part of AMETEK."

Prior to joining Taylor Hobson, Mr. Wilson was with Datapaq Ltd., where he served as Managing Director from 1992 to 1999.

Mr. Wilson holds both 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
 and Master of Science degrees in Engineering from the University of Cape Town Coordinates:
“UCT” redirects here. For other uses, see UCT (disambiguation).
 in South Africa as well as an MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
 from Cranfield University in the United Kingdom.

AMETEK Taylor Hobson designs, manufactures and services a broad array of contact and non-contact instrumentation for ultra-precise measurement applications. These instruments measure surface texture, shape and roundness; dimensions that are critical in many industries including optics, semiconductor, hard disk drive, automotive and bearing manufacturing. Nanotechnology is becoming an increasingly important market for Taylor Hobson's technology and represents AMETEK's first entry into this exciting area.

Corporate Profile

AMETEK is a leading global manufacturer of electronic instruments and electric motors with annualized annualized

Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared.
 sales of more than $1.2 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 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
  • Yahoo! Finance page for ^RUI
  • Russell Indexes
.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jul 28, 2004
Words:323
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