01—Abstract
Summary
Summary of the 8-K filed May 8, 2026. Cited figures are marked; the original filing is the authoritative source.
AMETEK, Inc. (NYSE: AME) filed an 8-K on May 8, 2026 announcing that its Board of Directors appointed Nick L.
Stanage as an independent director, effective May 7, 2026. He will serve as a Class III director until the 2027 Annual Meeting. The filing is a governance update rather than a financial disclosure: it contains no earnings results, guidance, transaction, or material financial figures.
Mr. Stanage brings substantial industrial and aerospace experience. He was Chairman and CEO of Hexcel Corporation, served as Executive Chairman through November 2024, and previously held senior roles at Dana Holding Corporation and a 20-year career at Honeywell. He currently sits on the boards of Hexcel, Huntington Ingalls Industries, and TriMas Corporation.
CEO David Zapico described his operating experience as complementary to the existing Board. For investors, the appointment is a modest, generally positive signal of board refresh and aerospace/industrial operating depth, consistent with AMETEK's stated growth model.
Compensation is standard for non-employee directors: a $120,000a annual cash retainer and an equity award with a $210,000 target value, both prorated for 2026. The filing does not indicate any change to AMETEK's strategy, financial outlook, or operations.
02—Key points
Key Highlights
- Nick L. Stanage appointed as an independent Class III director, effective May 7, 2026, serving until the 2027 Annual Meeting
- Stanage is former Chairman and CEO of Hexcel Corporation, with prior executive roles at Dana Holding and 20 years at Honeywell
- No arrangement or understanding exists between Stanage and any other person regarding his appointment
- Non-employee director compensation: $120,000 annual cash retainer (prorated for 2026) plus equity award with $210,000 target value (prorated)
- Filing contains no financial results, guidance, or material financial disclosures
- Appointment announced via press release (Exhibit 99.1) dated May 8, 2026, reflecting a board refresh with aerospace and industrial operating expertise
03—Questions
Frequently Asked Questions
Who is Nick L. Stanage and why was he appointed to AMETEK's Board?
Stanage is the former Chairman and CEO of Hexcel Corporation, a composite materials company serving aerospace, defense, and industrial markets. AMETEK's CEO said his operating experience and Hexcel success complement the existing Board. He also has prior leadership roles at Dana Holding and Honeywell.
Is Stanage considered independent?
Yes. The 8-K states that Mr. Stanage joins the Board as an independent director.
How is Stanage compensated as a director?
Non-employee directors receive a $120,000 annual basic cash retainer paid quarterly in advance and an equity award with a target value of $210,000. Stanage will receive pro rata amounts for 2026, and directors are reimbursed for Board-related expenses.
Does this appointment change AMETEK's financial outlook?
The filing contains no financial results or guidance, and it does not describe any change in strategy or operations. It is a governance event, so it should not by itself affect AMETEK's financial outlook.
Are there any conflicts or unusual arrangements tied to the appointment?
The company disclosed no arrangement or understanding between Stanage and any other person under which he was appointed, and the filing describes no related-party transactions.
04—Continue