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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported: OCTOBER 25, 2004
IDEX CORPORATION
(Exact Name of Registrant as Specified in its Charter)
DELAWARE 1-10235 36-3555336
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
630 DUNDEE ROAD
NORTHBROOK, ILLINOIS 60062
(Address of principal executive offices, including zip code)
(847) 498-7070
(Registrant's telephone number)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligations of the registrant under any of the
following provisions:
|_| Written communications pursuant to Rule 425 under the Securities Act
(17CFR230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17CFR240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17CFR240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17CFR240.13e-4(c))
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ITEM 8.01. OTHER EVENTS.
On October 25, 2004, IDEX Corporation issued a press release announcing both the
appointment of Daniel J. Salliotte as VP-Strategy and Business Development and
the planned retirement of Dennis L. Metcalf, VP-Corporate Development. A copy of
this press release is included below.
IDEX CORPORATION APPOINTS DANIEL J. SALLIOTTE
AS VICE PRESIDENT - STRATEGY AND BUSINESS DEVELOPMENT;
ANNOUNCES PLANNED RETIREMENT OF DENNIS L. METCALF
NORTHBROOK, IL, OCTOBER 25, 2004 - IDEX CORPORATION (NYSE: IEX) today announced
that Daniel J. Salliotte has joined the company as vice president - strategy and
business development.
Commenting on the appointment, Dennis K. Williams, IDEX's chairman, president
and chief executive officer, said, "Dan brings to IDEX very strong analytical
and leadership abilities, coupled with significant international experience in
mergers & acquisitions, business strategy, and corporate development. Dan will
report to me and work closely with Dennis Metcalf, our vice president -
corporate development, to continue to drive our robust global acquisition and
business development activities."
Separately, IDEX announced the planned retirement of Dennis L. Metcalf, vice
president - corporate development, in spring 2005.
"In his 30 years with IDEX and its predecessor company, Houdaille Industries,"
Williams said, "Dennis Metcalf has made and continues to make an outstanding
contribution to IDEX. Since 1991, he has led our corporate development
activities and played a pivotal role in our company's growth, helping us expand
our global platform through the completion of more than two dozen strategic
acquisitions. We are deeply appreciative of Dennis' contributions and look
forward to his continued leadership in the coming months as we pursue our
strategic acquisition objectives and transition the corporate development role."
Salliotte joins IDEX from his most recent position as a vice president with
Oxford Investment Group, a private equity firm. Prior to the Oxford Investment
Group, Salliotte served as a group vice president, business development for the
fluid & material-handling group within SPX Corporation. Earlier in his career,
Salliotte was a management consultant with Deloitte Consulting. He started his
career gaining international transaction experience with Corporate Capital
Group, a merger & acquisition firm. Salliotte holds a bachelors degree from The
University of Michigan and an MBA from The Wharton School at the University of
Pennsylvania.
FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Exchange Act of 1934, as amended. The company's actual performance may differ
materially from that indicated or suggested by any such statements. There are a
number of factors that could cause those differences, including those factors
presented in the company's most recent annual report and other company filings
with the U.S. Securities and Exchange Commission.
ABOUT IDEX
IDEX Corporation is the world leader in fluid-handling technologies for positive
displacement pumps, dispensing equipment for color formulation, and other highly
engineered products including fire suppression equipment, rescue tools, and
stainless steel custom banding. 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."
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
IDEX CORPORATION
/s/ Dominic A. Romeo
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Dominic A. Romeo
Vice President and Chief Financial Officer
October 28, 2004