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IDEX COO adds duties of president

LAKE FOREST - IDEX Corp. Chief Operating Officer Eric Ashleman will take on the additional role as company president, officials said.

The title had been held by Chairman and Chief Executive Officer Andy Silvernail, who retains those two positions.

The addition of the title President reflects Ashleman's continued development as a senior leader and the impact he has on the organization. Ashleman has been COO for five years, during which time he has been an integral part of the IDEX's success, including his role in developing the company's distinct culture, business model and strategy. This decision is part of the Board of Director's disciplined approach to long-term executive development and succession planning.

"Eric's leadership and vision have been instrumental to the success of our company. He has been on the forefront of our unique approach to building an extraordinary enterprise that delivers excellence for our customers, shareholders, team, and community," Silvernail said.

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