BERWYN, Pa., May 9, 2016 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced that the Board of Directors has elected Michael J. Pizzo as Corporate Vice President, Planning and Analysis. Mr. Pizzo replaces Thomas M. Montgomery, whose promotion to Senior Vice President and Comptroller was announced in February.
"I am pleased to announce Mike's promotion to Vice President, Planning and Analysis. Mike brings excellent financial management skills and experience to his new position. He has made significant contributions in a number of corporate and business unit financial management positions over the course of his 29-year AMETEK career. His extensive background and experience make him an excellent choice for his new position," commented David A. Zapico, AMETEK Chief Executive Officer.
Mr. Pizzo joined AMETEK in 1987 as a part of its Financial Management Development Program, where he held several rotational positions. In 1990, he was named Corporate Liaison Controller Assistant. He followed that with increasingly responsible financial management positions at AMETEK Aerospace & Defense, US Gauge, and Measurement & Calibration Technologies. He most recently served as Division Vice President, Finance, for AMETEK Engineered Materials, Interconnects and Packaging.
Mr. Pizzo holds a Bachelor of Science degree in Accounting from Widener University.
AMETEK is a leading global manufacturer of electronic instruments and electro-mechanical devices with annual sales of $4.0 billion. AMETEK's Corporate Growth Plan is based on Four Key Strategies: Operational Excellence, Strategic Acquisitions, 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 500 Index.
Contact: Kevin Coleman +1 610-889-5247
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SOURCE AMETEK, Inc.