IDEX Corporation Signs “Equity Principles” Pledge, Committing to Achieve Gender Equity in Leadership by 2030

News Release

June 10, 2019

June 10, 2019 – LAKE FOREST, ILLINOIS – IDEX Corporation (NYSE: IEX) today became a founding pledge partner in The Chicago Network’s new Equity Principles Campaign. IDEX Chairman & CEO Andrew K. Silvernail signed the pledge, committing the company to work toward achieving gender equity in leadership roles throughout the organization by 2030.

“The importance of women serving in leadership roles – and the societal demands for gender equity – have never been greater,” Silvernail said. “Women in leadership bring valuable differences in thought and experience. While we have a long way to go, diversifying leadership across our organization continues to be a goal as we strive for ongoing success.”

The Equity Principles Campaign provides companies with a practical toolkit with clear actions to take, such as identifying and removing barriers in the employment life cycle – from hiring to performance reviews – so that opportunities for conscious and unconscious bias are removed. Details about the pledge and toolkit can be found at www.thechicagonetwork.org/equityprinciples.

 

“Gender parity in manufacturing leadership is essential to having the perspective and balance that leads to optimal performance. Bottom line – it just makes good business sense,” said IDEX Senior Vice President and General Counsel Denise Cade, who also serves as a board member for The Chicago Network. “I’m proud to be part of an organization that understands the necessity of this pledge.”

The Chicago Network is an organization of more than 500 influential women that aims to empower women to lead, with a vision of gender equity throughout organizations.

ABOUT IDEX

IDEX (NYSE: IEX) is a company that has undoubtedly touched your life in some way. In fact, IDEX businesses make thousands of products that are mission-critical components in everyday activities. Chances are the car you’re driving has a BAND-IT® clamp holding your side airbag safely in place. If you were ever in a car accident, a Hurst Jaws of Life® rescue tool may have saved your life. If you or a family member is battling cancer, your doctor may have tested your DNA in a quest to find the best targeted medicine for you. It’s likely your DNA test was run on equipment that contains components made by our growing IDEX Health & Science team. Founded in 1988 with three small, entrepreneurial manufacturing companies, we’re proud to say that we now call 40 diverse businesses around the world part of the IDEX family. With 7,000 employees and manufacturing operations in more than 20 countries, IDEX is a high-performing, global $2+ billion company committed to making trusted solutions that improve lives. IDEX shares are traded on the New York Stock Exchange under the symbol “IEX”.