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8-K - FORM 8-K - IDEX CORP /DE/ | c56672e8vk.htm |
EX-10.2 - EX-10.2 - IDEX CORP /DE/ | c56672exv10w2.htm |
EX-10.1 - EX-10.1 - IDEX CORP /DE/ | c56672exv10w1.htm |
Exhibit 99.1
IDEX CORPORATION ANNOUNCES SENIOR LEADERSHIP CHANGES
NORTHBROOK, IL, February 25 IDEX Corporation (NYSE: IEX) today announced a series of changes in
senior leadership assignments effective immediately.
Kevin Hostetler, currently Vice President, Group Executive and President Energy and Water and IDEX
Asia, has been appointed a corporate officer and named Vice President, Group Executive Fluid and
Metering Technologies. In addition to leading the Energy and Water businesses, Mr. Hostetler will
now oversee the Process Technology business within the companys Fluid and Metering Technologies
segment. Mr. Hostetlers responsibilities will continue to include oversight of the companys
Asia region development.
Andrew Silvernail, currently Vice President, Group Executive Health and Science Technologies, has
been appointed a corporate officer and named Vice President, Group Executive Health and Science
Technologies and Global Dispensing. In addition to leading the Health and Science Technologies
segment, Mr. Silvernail will now also oversee the companys Global Dispensing segment.
John McMurray, Vice President, Group Executive Process Technology, will be retiring from the
company in April 2011. Mr. McMurray will remain a corporate officer for the next 14 months, with
responsibilities for Operational Excellence, Supply Chain and EH&S. He will transition his Group
Executive Process Technology responsibilities to Mr. Hostetler in the near term.
Mike Yates, currently Vice President, Controller, has been appointed Vice President and Chief
Accounting Officer.
About IDEX
IDEX Corporation is an applied solutions company specializing in fluid and metering technologies,
health and science technologies, dispensing equipment, and fire, safety and other diversified
products built to its customers exacting specifications. Its products are sold in niche markets to
a wide range of industries throughout the world. IDEX shares are traded on the New York Stock
Exchange and Chicago Stock Exchange under the symbol IEX.
For further information on IDEX Corporation and its business units, visit the companys Web site at
www.idexcorp.com.
This news release contains forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995 that involve risks, uncertainties and reflect the companys judgment
as of the date of this release. Forward-looking statements include, but are not limited to,
statements concerning future changes in management and employment or consulting arrangements and
may involve risks and uncertainties that could cause actual results to differ materially from
predicted or expected results.