IDEX Corp. (IEX) CFO resigns

IDEX Corp. (NYSE: IEX) disclosed:

On May 19, 2025, Abhishek Khandelwal, Senior Vice President and Chief Financial Officer of IDEX Corporation (the “Company”), notified the Company of his decision to resign from his position, effective May 30, 2025, to pursue a new professional opportunity. His departure is not a result of any disagreement with the Company’s independent auditors or any member of management on any matter of accounting principles or practices, financial statement disclosure, or internal controls. The Company has retained an external search firm to identify candidates for the Chief Financial Officer role.

On May 20, 2025, the Company appointed Akhil Mahendra as interim Chief Financial Officer of the Company, effective May 30, 2025, to hold the position of interim Chief Financial Officer until his successor is appointed. Mr. Mahendra, 44, has been with the Company for approximately two years serving as Vice President, Corporate Development, and he will continue to serve in this role during the interim period. Prior to joining the Company, Mr. Mahendra held the role of Vice President, Corporate Development at Rivian Automotive, Inc., an electric vehicle manufacturer, from 2020 to 2023, after serving in roles of increasing responsibility earlier in his career in investment banking at Morgan Stanley. Mr. Mahendra received his bachelor of science degree in Mechanical Engineering from Kettering University and his master of business administration degree from the University of Michigan.

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