AMETEK Names Dr. Jurgen Gassen GM Of Precision Instruments Europe
17 March 2000
AMETEK Names Dr. Jurgen Gassen General Manager Of AMETEK Precision Instruments EuropePAOLI, Pa., March 17 AMETEK Inc. today announced that it has named Dr. Jurgen Gassen as General Manager of AMETEK Precision Instruments Europe (APIE), effective March 20, 2000. Dr. Gassen joins AMETEK from Bopp & Reuther Messtechnik where he was Managing Director - Sales and Marketing. Frank Hermance, AMETEK President and Chief Executive Officer, said, "I am pleased to announce Dr. Gassen's appointment as General Manager of APIE. Dr. Gassen brings to AMETEK a wealth of experience in the instrumentation markets in Europe and beyond. He will play a key role as AMETEK expands its participation in European instrumentation markets." Prior to joining AMETEK, Dr. Gassen held increasingly responsible sales and marketing and engineering roles. His most recent position was as Managing Director - Sales and Marketing for Bopp & Reuther Messtechnik. In this position Dr. Gassen was responsible for worldwide sales for this manufacturer of instrumentation for the process industry. Dr. Gassen holds a University Degree and a Ph.D. in Physics from the University of Cologne. AMETEK Precision Instruments Europe, based in Meerbush, Germany, with additional locations in France and the United Kingdom, is responsible for the sale of AMETEK's Electronic Instruments Group and AMETEK Rotron technical motor products in Europe. AMETEK's Electronic Instruments Group, which had 1999 sales of $451 million, 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.