AMETEK Names Stephen Hoiles as VP and GM Of Test & Calibration Instruments
31 January 2000
AMETEK Names Stephen N. Hoiles as Vice President and General Manager Of Test & Calibration Instruments DivisionPAOLI, Pa., Jan. 31 -- AMETEK Inc. today announced that the Board of Directors has elected Mr. Stephen N. (Nick) Hoiles, Vice President and General Manager of AMETEK's Test & Calibration Instruments Division, effective immediately. Mr. Hoiles was previously Director of the Calibration/Monitoring Business Unit of the Test & Calibration Instruments Division. Frank Hermance, AMETEK President and Chief Executive Officer, said, "I am pleased to announce Nick's promotion to Vice President and General Manager. Since joining AMETEK, Nick has exhibited the strong technical and managerial leadership skills required to grow the Test & Calibration Instruments Division." Prior to joining AMETEK, Mr. Hoiles was Vice-President of Business Development and Engineering for H.P. Reid Company, a subsidiary of Sandvik AB. Mr. Hoiles also has held Sales and Marketing and Engineering positions with Furon Company and McDonnell Douglas. Mr. Hoiles holds three degrees from Washington University in St. Louis, MO: both a B.S. and a M.S. degree in Electrical Engineering as well as a Master of Business Administration degree. AMETEK Test & Calibration Instruments Division is a leader in the development and manufacture of force measurement, materials test, and calibration and monitoring instrumentation. It is a unit of AMETEK's Electronic Instruments Group, which had 1999 sales of $451 million and manufactures electronic instruments and monitoring systems for the aerospace, process and heavy vehicle markets. Corporate Profile AMETEK, Inc. is a leading global manufacturer of electronic instruments and electric motors with 1999 sales of $925 million. AMETEK's Corporate Growth Plan is based on Four Key Strategies: Strategic Acquisitions & Joint Ventures, Global & Market Expansion, New Products, and Operational Excellence. Its objective is double-digit percentage growth in earnings per share and superior return on total capital. The common stock of AMETEK is a component of the S&P MidCap 400 and the Russell 2000 Growth Index. CONTACT: William J. Burke of AMETEK, 610-889-5249.