IDEX Company (EX) Citi’s World Industrial Tech & Mobility Convention 2026 February 17, 2026 2:40 PM EST
Firm Individuals
Eric Ashleman – CEO, President & Director
Sean Gillen – Senior VP & CFO
Convention Name Individuals
Vladimir Bystricky – Citigroup Inc., Analysis Division
Presentation
Vladimir Bystricky
Citigroup Inc., Analysis Division
Good afternoon, everybody. Thanks for becoming a member of us. I am Vlad Bystricky. I cowl multis and E&Cs right here at Citigroup with Staff Kaplowitz. We’re very excited to have IDEX becoming a member of us at this time, Eric Ashleman, CEO; and Sean Gillen, CFO. Eric has been CEO since December 2020 after changing into President and — after changing into COO in 2015. And Sean just lately joined IDEX as CFO simply in January, coming over from serving 7 years as CFO at AAR Corp. So thanks very a lot, gents, for being with us. We recognize it.
Query-and-Reply Session
Vladimir Bystricky
Citigroup Inc., Analysis Division
Perhaps I will simply begin, Eric, you’ve got talked over the previous few quarters about IDEX’ evolution by a number of phases over time and now being in Section 3 of its evolution. So for many who are much less conversant in IDEX, are you able to speak about what’s altering at IDEX in Section 3 and what inning of Section 3 you assume you are in?
Eric Ashleman
CEO, President & Director
Certain. So look, it is a great public firm story. We’re not but 40 years outdated. The primary section was form of a free holding firm, so I do not spend as a lot time there. The second section was once I began, was form of 2010 to ’20. In order that decade, it is the place we began to essentially drill down on 8020 greater than anything and actually launch the complete potential of those nice basic IDEX companies. And so that you noticed a ton of margin enlargement there. You noticed some leaders developed. That is form of the place I rose up by the ranks and a few individuals