Summary
AMETEK, Inc. (AME) has announced the appointment of Nick L. Stanage to its Board of Directors, effective May 7, 2026. Mr. Stanage will serve as an independent Class III Director until the 2027 Annual Meeting. This appointment brings new expertise to the board, though no specific details regarding potential strategic impact are provided in this filing. Investors should note that Mr. Stanage's appointment is not tied to any prior arrangements or understandings with other parties. The company also outlined the standard compensation for its non-employee directors, which includes an annual retainer of $120,000 and an annual equity award valued at $210,000, both prorated for Mr. Stanage's initial year of service. Directors are also reimbursed for related expenses. The press release announcing this appointment is attached as an exhibit, and investors can refer to it for further details on Mr. Stanage's background and the company's rationale for the appointment.
Key Highlights
- 1Nick L. Stanage appointed as an independent Class III Director to AMETEK's Board, effective May 7, 2026.
- 2Mr. Stanage will serve until the 2027 Annual Meeting.
- 3His appointment is not contingent on any existing arrangements or understandings.
- 4Non-employee directors receive an annual retainer of $120,000.
- 5Non-employee directors receive an annual equity award with a target value of $210,000.
- 6Mr. Stanage will receive prorated compensation for his director services in 2026.
- 7Press release announcing the appointment is included as an exhibit.