Kenneth C. Weirman Named Vice President and Chief Information Officer
BERWYN, Pa., Feb. 8, 2011 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced the appointment of Kenneth C. Weirman as Vice President and Chief Information Officer. He replaces William P. Lawson, who retires after 20 years with the Company.
"We are very pleased that Ken has joined AMETEK. He is a seasoned IT executive with extensive experience in manufacturing and distribution and is expected to make important contributions to the continued success of our global information technology efforts," notes Frank S. Hermance, AMETEK Chairman and Chief Executive Officer.
Mr. Weirman joins AMETEK from Keystone Foods, a leading international food manufacturer and distributor, where he held positions as Vice President of U.S. Distribution and Information Technology. Prior to Keystone Foods, Mr. Weirman held operating and information management positions with several leading companies. He was Director, Marketing and Sales Systems, for Astra Merck and held positions with ICI Americas, CDI Professional Solutions Group, and Arthur Andersen and Company.
Mr. Weirman holds a Bachelor's of Science degree in Mechanical Engineering and a Master's in Business Administration degree with an emphasis in Management Information Systems. Both degrees are from Penn State University.
Mr. Lawson joined AMETEK in 1991 as Director of Business Systems for its U.S. Gauge Division and was named Director-Strategic Planning and Information Technology in 1992. He was elected to the newly created position of Vice President and Chief Information Officer in 1997.
"Bill's leadership has been especially critical to the success of our global information technology efforts," adds Mr. Hermance. "Among his many achievements, Bill drove the selection and implementation of Oracle as our key Enterprise Resource Planning system. He also was a key contributor to the development and implementation of our strategic planning process."
Corporate Profile
AMETEK is a leading global manufacturer of electronic instruments and electro-mechanical devices with annual sales of $2.7 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 and the Russell 1000 Indices.
Forward-looking Information
Statements in this news release relating to future events, such as AMETEK's expected business and financial performance are "forward-looking statements." Forward-looking statements are subject to various factors and uncertainties that may cause actual results to differ significantly from expectations. These factors and uncertainties include AMETEK's ability to consummate and successfully integrate future acquisitions; risks associated with international sales and operations; AMETEK's ability to successfully develop new products, open new facilities or transfer product lines; the price and availability of raw materials; compliance with government regulations, including environmental regulations; changes in the competitive environment or the effects of competition in our markets; the ability to maintain adequate liquidity and financing sources; and general economic conditions affecting the industries we serve. A detailed discussion of these and other factors that may affect our future results is contained in AMETEK's filings with the U.S. Securities and Exchange Commission, including its most recent reports on Form 10-K, 10-Q and 8-K. AMETEK disclaims any intention or obligation to update or revise any forward-looking statements.
Contact: William Burke (610)-889-5249
SOURCE AMETEK, Inc.
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