IEX 8-K
Idex Corp /De/ (IEX)
8-K
2025-02-20
For: 2025-02-19
View Original
Added on
April 11, 2026
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The
Securities Exchange Act of 1934
Date of report: February 19, 2025
(Date of earliest event reported)
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction | (Commission File Number) | (IRS Employer | ||||||||||||
| of incorporation) | Identification No.) | |||||||||||||
(Address of principal executive offices, including zip code)
(847 ) 498-7070
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
| Title of Each Class | Trading Symbol(s) | Name of Each Exchange on Which Registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
| Emerging growth company | ||||||||||||||||||||||||||
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ | ||||||||||||||||||||||||||
Item 5.02 – Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 19, 2025, the Board of Directors (the “Board”) of IDEX Corporation (the “Company”) appointed Stephanie Disher and Matthijs Glastra to serve as members of the Board, effective February 21, 2025. Ms. Disher will serve on the Board’s Nominating and Corporate Governance Committee, and Mr. Glastra will serve on the Board’s Audit Committee. In addition, on February 19, 2025, two current directors, David C. Parry and Livingston L. Satterthwaite, provided the Company notice that they will be retiring from the Board immediately following the Company’s 2025 Annual Meeting of Stockholders and will not be standing for re-election. As a result of the above appointments and departures, the size of the Board has been increased from 10 to 12 directors, and will be reduced to 10 directors immediately following the conclusion of the 2025 Annual Meeting of Stockholders.
Neither Ms. Disher nor Mr. Glastra has any familial relationships or related party transactions with the Company that would require disclosure under Items 401(d) or 404(a) of Regulation S-K in connection with their appointments as described above. There is no arrangement or understanding between either Ms. Disher or Mr. Glastra and any other person pursuant to which each was selected as a director.
Ms. Disher and Mr. Glastra will participate in the compensation arrangements for non-employee members of the Board described in the Company’s Definitive Proxy Statement filed with the Securities and Exchange Commission on March 26, 2024.
Item 9.01 – Financial Statements and Exhibits.
(d) Exhibits
99.1 Press release dated February 20, 2025.
104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
SIGNATURE
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 | ||||||||
| By: | /s/ ABHISHEK KHANDELWAL | |||||||
| Abhishek Khandelwal | ||||||||
| Senior Vice President and Chief Financial Officer | ||||||||
| February 20, 2025 | ||||||||
Exhibit 99.1 IDEX Corporation Appoints Stephanie Disher and Matthijs Glastra to Board of Directors; David Parry and Livingston Satterthwaite to Retire NORTHBROOK, IL (February 20, 2025) – IDEX Corporation (NYSE: IEX) today announced the appointment of Stephanie (“Steph”) Disher and Matthijs Glastra to the company’s Board of Directors. The appointments, effective Friday, February 21, 2025, increase the size of the Board from 10 to 12 directors. Ms. Disher will serve on the Board’s Nominating and Corporate Governance Committee, and Mr. Glastra will serve on the Board’s Audit Committee. Ms. Disher currently serves as Chief Executive Officer of Atmus Filtration Technologies Inc. (NYSE: ATMU), a leader in filtration and media solutions. She has extensive global leadership experience in finance and operations from her time at Atmus, Cummins Inc. and BP, p.l.c. Mr. Glastra currently serves as Chair and Chief Executive Officer of Novanta Inc. (NYSE: NOVT), a global leader in core technology solutions for advanced industrial and medical manufacturers. He brings significant international operations, innovation, M&A, and strategic experience to the Board from his time at Novanta and from various leadership positions earlier in his career at Koninklijke Philips, N.V. “Both Steph and Matthijs bring outstanding global business skills and broad experience to IDEX,” said IDEX Chief Executive Officer and President Eric D. Ashleman. “We look forward to the perspective and insight we are gaining by adding two public-company CEOs to our Board, and particularly these two individuals, given their strong international and collective leadership experience.” Ms. Disher holds a bachelor of commerce degree from the University of Western Sydney, Australia and a master of business administration from the University of Melbourne, Australia. Mr. Glastra holds a master of science degree in applied physics from Delft University of Technology in the Netherlands, an advanced engineering degree from ESPCI in Paris, France, and a master of business administration from INSEAD in Fontainebleau, France. In addition to the appointment of two new directors, David Parry and Livingston (“Tony”) Satterthwaite have announced that they will be retiring from the Board following the 2025 IDEX Annual Meeting of Stockholders and will not be standing for re-election. “I speak on behalf of the Board in thanking David and Tony for their years of dedicated service representing the shareholders of IDEX. Their perspectives and oversight have contributed significantly to IDEX’s success during their time on the Board,” said Katrina L. Helmkamp, Non- Executive Chair of the Board. “At the same time, I am thrilled to welcome Steph and Matthijs. They will each be an excellent addition to an already strong Board of Directors.”
Mr. Ashleman continued, “I also want to thank David and Tony, on behalf of the entire organization, for their remarkable leadership, insight, and unwavering support during their years of service on the IDEX Board.” About IDEX IDEX Corporation (NYSE: IEX) designs and builds engineered products and mission-critical components that make everyday life better. IDEX precision components help craft the microchip powering your electronics, treat water so it is safe to drink, and protect communities and the environment from sewer overflows. Our optics enable global broadband satellite communications, and our pumps move challenging fluids that range from hot, to viscous, to caustic. IDEX components assist healthcare professionals in saving lives as part of many leading diagnostic machines, including DNA sequencers that help doctors personalize treatment. And our fire and rescue tools, including the industry-leading Hurst Jaws of Life®, are trusted by rescue workers around the world. These are just some of the thousands of products that help IDEX live its purpose – Trusted Solutions, Improving Lives™. Founded in 1988 with three small, entrepreneurial manufacturing companies, IDEX now includes more than 50 diverse businesses around the world. With about 9,000 employees and manufacturing operations in more than 20 countries, IDEX is a diversified, high-performing, global company with approximately $3.3 billion in annual sales. For further information on IDEX Corporation and its business units, visit the company’s website at www.idexcorp.com. Investor Contact Wendy Palacios Vice President, FP&A and Investor Relations +1 847-498-7070 [email protected] Media Contact Mark Spencer +1 847-457-3793 [email protected] ###