AMETEK Names Jon P. Kidder as Vice President and General Manager of Its Advanced Measurement Technology Division.Business Editors/Hi-Tech Writers PAOLI, Pa.--(BUSINESS WIRE)--February 8, 2002 AMETEK Inc. (NYSE NYSE See: New York Stock Exchange :AME) today announced that the Board of Directors has elected Mr. Jon P. Kidder, Vice President and General Manager of AMETEK's Advanced Measurement Technology Division. Mr. Kidder joined AMETEK with the December 2001 acquisition from PerkinElmer Inc. of Instruments for Research and Applied Sciences (IRAS IRAS: see infrared astronomy. ), where he served as President since November 1998. Frank Hermance, AMETEK Chairman and Chief Executive Officer, said, "I am pleased to announce Jon's appointment as Vice President and General Manager. He is a welcome addition to the AMETEK management team and brings extensive general management experience and knowledge of the IRAS business to the Company. Under Jon's leadership, we expect Advanced Measurement Technology to be a growth platform for our Electronic Instruments Group." Prior to joining AMETEK, Mr. Kidder served for three years in general management roles for various businesses within PerkinElmer, most recently as President of IRAS. From 1991 to 1998, he served in various management roles for John Crane with his final position as General Manager of their Belfab unit, which was acquired by PerkinElmer. Earlier in his career, he spent four years with General Electric, where he held several operational positions and completed their Manufacturing Management Program. Mr. Kidder 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 degree in Mechanical Engineering from the University of Connecticut The University of Connecticut is the State of Connecticut's land-grant university. It was founded in 1881 and serves more than 27,000 students on its six campuses, including more than 9,000 graduate students in multiple programs. UConn's main campus is in Storrs, Connecticut. . AMETEK Advanced Measurement Technology (AMT See vPro. ), formerly IRAS, manufactures and markets advanced analytical instrumentation used in nuclear spectroscopy, research electrochemistry electrochemistry, science dealing with the relationship between electricity and chemical changes. Of principal interest are the reactions that take place between electrodes and the electrolytes in electric and electrolytic cells (see electrolysis), as well as the , and electronic signal processing, marketed under the ORTEC ORTEC Oak Ridge Technical Enterprises Corp. , Princeton Applied Research, and Signal Recovery brands. AMETEK AMT is a unit of AMETEK's Electronic Instruments Group (EIG). EIG, which had 2001 sales of $500 million, manufactures electronic instruments and monitoring systems for the process, aerospace, power, and industrial markets. Corporate Profile AMETEK, Inc. is a leading global manufacturer of electronic instruments and electric motors with 2001 sales of more than $1 billion. AMETEK's Corporate Growth Plan is based on Four Key Strategies: Strategic Acquisitions & Alliances, Global & Market Expansion, New Products, and Operational Excellence. Its 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 2000 Index Russell 2000 Index An index measuring the performance of the 2,000 smallest companies in the Russell 3000 Index, which is made up of 3,000 of the biggest U.S. stocks. The Russell 2000 serves as a benchmark for small-cap stocks in the United States. . |
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