AMETEK Names Eric Chaussin Vice President & General Manager Floorcare & Specialty Motors Europe
BERWYN, Pa., Nov. 3, 2011 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced the appointment of Eric Chaussin as Vice President & General Manager, Floorcare & Specialty Motors Europe. In this role, Mr. Chaussin is responsible for AMETEK's European operations that manufacture electric motors.
"I am very pleased to welcome Eric to AMETEK. Eric has excellent manufacturing experience and an extensive background managing multinational operations. We expect him to make an important contribution to the continued success of our European floorcare and specialty motors business," notes AMETEK Chairman and Chief Executive Officer Frank S. Hermance.
Prior to joining AMETEK, Mr. Chaussin most recently worked as Operations Director for JBT Corporation, which included operations in Florida, Mexico, Spain and China. Prior to JBT, he held several positions with United Technologies Carrier Corporation, including Managing Director, Italy & Netherlands HVAC; Managing Director, Holland Heating; and Asia Pacific Quality Director, based in Shanghai. In each of those roles, Mr. Chaussin had significant international operational responsibilities.
Before joining United Technologies, Mr. Chaussin held several positions with Schneider Electric, including Asia Pacific Lean Manufacturing Director, based in Shanghai. He also held plant director, quality and production management positions in their French operations.
Mr. Chaussin has an Engineering degree with Industrial Management from Cesi Nantes Orvault, France.
Corporate Profile
AMETEK is a leading global manufacturer of electronic instruments and electro-mechanical devices with annualized sales of $3.0 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 J. Burke (610) 889-5249
SOURCE AMETEK, Inc.
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