Business

IDEX names Yates interim Chief Financial Officer

Posted August 31, 2016 1:00 am

IDEX Corp. in Lake Forest announced Michael J. Yates has been appointed interim Chief Financial Officer of the company, effective Sept. 9.

Yates has been at IDEX for 11 years and has served as Vice President and Chief Accounting Officer since 2010. Prior to that, he was Vice President and Controller for five years. Yates held positions with PriceWaterhouse Coopers and KPMG for 17 years prior to joining IDEX. Yates received his Bachelor of Science degree in accounting from Indiana University at Bloomington.

"Mike is an outstanding finance executive with over a decade of experience leading IDEX finance functions. Mike has been a key player in building our strong and deep finance team, and I am delighted to have a person of his caliber to lead our finance organization in this interim period," said IDEX Chairman and Chief Executive Officer Andy Silvernail.

Heath A. Mitts has resigned from his position as Senior Vice President and Chief Financial Officer of IDEX, effective September 9, to take the position of Executive Vice President and Chief Financial Officer of TE Connectivity Ltd.

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