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Ametek, Inc. Appoints Rob Rideout Jr. As Vice President, Strategic Procurement

Aug 08, 202412 months ago

Position

Vice President

Company

AMETEK

Rob Rideout Jr.
BerwynManufacturing

Description

AMETEK, Inc. announced the appointment of Rob Rideout Jr. as Vice President, Strategic Procurement

Company Information

Company

AMETEK

Location

Berwyn, Pennsylvania, United States

About

AMETEK (NYSE: AME) is a leading global provider of industrial technology solutions serving a diverse set of attractive niche markets with annual sales of approximately $7.0 billion. The AMETEK Growth Model integrates the Four Growth Strategies - Operational Excellence, Technology Innovation, Global and Market Expansion, and Strategic Acquisitions - with a disciplined focus on cash generation and capital deployment. AMETEK's objective is double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital. Founded in 1930, AMETEK has been listed on the NYSE for over 90 years and is a component of the S&P 500.

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Executive Insights

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New executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months