LAKE FOREST, Ill.--(BUSINESS WIRE)--Jan. 3, 2017--
IDEX CORPORATION (NYSE:IEX) announced today that William K.
Grogan has been appointed Senior Vice President and Chief Financial
Officer of the Company.
Mr. Grogan has been at IDEX for five years and has served as Vice
President of Finance, Operations since 2015. Prior to that, he was Chief
Financial Officer for the Company’s Health and Science Technologies and
Fire, Safety and Diversified Technologies segments from 2012 to 2015.
Before joining IDEX Corporation, Mr. Grogan most recently served as
Director of Finance, Store Operations at Walgreen Company from 2011 to
2012. Mr. Grogan holds an MBA from Northwestern University’s Kellogg
School of Management and an Undergraduate degree in Finance from
IDEX Chairman and Chief Executive Officer Andy Silvernail stated, “I am
delighted with Bill’s promotion to Chief Financial Officer. Over the
past several months we have done a thorough evaluation of internal and
external candidates in order to ensure that we have a world class
finance leader. Bill’s track record of success within IDEX, his proven
ability to grow talent and build an organization make him uniquely
qualified. We are fortunate to have someone of Bill’s caliber as our
Michael J. Yates, who has served as the Company’s Interim Chief
Financial Officer since September 2016, will resume his position as Vice
President and Chief Accounting Officer. Mr. Silvernail thanked Mr.
Yates, saying “Mike did a terrific job as interim Chief Financial
Officer over the past few months. Under his leadership we sustained our
high level of performance which enabled us to conduct an in depth CFO
search. I am very appreciative of Mike’s long–standing contributions to
IDEX, especially in this time of transition."
IDEX Corporation is an applied solutions company specializing in fluid
and metering technologies, health and science technologies, and fire,
safety and other diversified products built to its customers’ exacting
specifications. Its products are sold in niche markets to a wide range
of industries throughout the world. IDEX shares are traded on the New
York Stock Exchange and Chicago Stock Exchange under the symbol “IEX”.
For further information on IDEX Corporation and its business units,
visit the company’s website at www.idexcorp.com
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Source: IDEX Corporation
Andrew K. Silvernail
Chairman and Chief