AMETEK appoints new senior executives as longtime controller retires

BERWYN, Pa. - AMETEK, Inc. (NYSE:AME) announced Friday the appointment of Robert J. Amodei as Senior Vice President, Controller effective January 1, 2026, replacing Thomas M. Montgomery who is retiring after 42 years with the company. AMETEK shares currently trade at $197.25, with the company commanding a market capitalization of approximately $45.4 billion.

Montgomery will remain with AMETEK as a Senior Advisor through 2026. The company also appointed Scott M. DelOrefice as Vice President, Group Controller, Electromechanical Group, effective January 1, 2026.

Amodei, who currently serves as Vice President, Assistant Controller, has been with AMETEK for 36 years, having joined through the company's Financial Management Program. He has held numerous roles of increasing responsibility throughout his tenure. Amodei holds a Bachelor of Science degree in Finance from St. Joseph's University and is a Certified Public Accountant.

DelOrefice, currently Divisional Vice President, Finance for the Engineered Materials, Interconnects & Packaging division, has been with AMETEK for 8 years. Prior to joining the company, he served as Chief Financial Officer at Asahi Refining North America and held financial leadership roles at Johnson Matthey.

"Rob is an experienced financial leader with a deep understanding of AMETEK, our strategy and our financial organization," said David A. Zapico, AMETEK Chairman and Chief Executive Officer, in a press release statement.

AMETEK describes itself as a provider of industrial technology solutions with annualized sales of approximately $7.5 billion. The company has been listed on the NYSE for 95 years and is a component of the S&P 500.

In other recent news, AMETEK Inc. announced impressive financial results for the third quarter of 2025, surpassing Wall Street expectations. The company reported an earnings per share (EPS) of $1.89, higher than the forecasted $1.76. Additionally, AMETEK achieved record revenue of $1.89 billion, exceeding the anticipated $1.81 billion. These results highlight the company's strong performance and have positively influenced investor sentiment. Furthermore, AMETEK's Board of Directors declared a regular quarterly dividend of $0.31 per share for the fourth quarter, payable on December 19, 2025, to shareholders of record as of December 5, 2025. This decision underscores the company's commitment to returning value to its shareholders. These developments reflect AMETEK's continued growth and stability in the market.

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