StockWatch
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Industrial Machinery/Components
Management ChangeMay 8, 2026, 10:56 AM

AMETEK Appoints Nick L. Stanage to Board of Directors

AI Summary

AMETEK, Inc. announced the appointment of Nick L. Stanage to its Board of Directors as a Class III independent director, effective May 7, 2026. Mr. Stanage, the former Chairman and CEO of Hexcel Corporation, brings decades of global industrial experience to the board. He will receive a pro rata portion of the annual basic retainer fee of $120,000 and an annual equity award with a target value of $210,000.

Key Highlights

  • Nick L. Stanage appointed as a Class III independent director to AMETEK's Board, effective May 7, 2026.
  • He will serve until the 2027 Annual Meeting.
  • Mr. Stanage will receive a pro rata annual basic retainer fee of $120,000.
  • He will also receive a pro rata annual equity award with a target value of $210,000.
  • Mr. Stanage is the former Chairman and CEO of Hexcel Corporation.
  • He also serves as a director on the boards of Hexcel, Huntington Ingalls Industries, and TriMas Corporation.