VP and Controller Retires

06.10.2005

IDEX Corporation today announced that its vice president and controller, Clinton L. Kooman, will retire in December 2005 after 40 years of service to IDEX and its predecessor companies. Michael J. Yates has been appointed vice president and controller, effective October 10, 2005.

Commenting on the succession, IDEX chief financial officer Dominic Romeo said, "We commend Clint for his leadership and passion for the company over these past 40 years. Clint was part of the organization when the company became public in 1989 and has served as our controller since 1995. He has played an integral part in our company's growth and success and built a strong foundation for the future. We wish Clint and his family all the best in his retirement."

"At the same time, we are delighted to welcome Mike to the IDEX team," Romeo said. "He brings to IDEX 18 years of public accounting experience with diversified, international clients. We believe Mike's background and experiences are terrific and we welcome him to our finance team."

Yates, 40, joins IDEX from PricewaterhouseCoopers LLP where he served most recently as an audit senior manager. Prior to PricewaterhouseCoopers, Yates spent 12 years with KPMG, LLP. He is a certified public accountant and holds his bachelors in accounting from Indiana University.

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