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David Zapico

Chairman of the Board and Chief Executive Officer, Ametek

Search every verified David Zapico interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. David Zapico, Chairman and CEO of AMETEK, discussed the company’s positioning during its Q2 2026 earnings call on August 4, 2026. He stated that AMETEK is in the early stages of a multi-year, mission-critical infrastructure buildout, with roughly half of its business tied directly or indirectly to data center infrastructure, military modernization, commercial aerospace, and power infrastructure. Zapico noted that the company offset inflation and tariffs with price increases during the quarter, attributing this to its focus on niche, mission-critical products with high switching costs. He also mentioned that the acquisition of Pharaoh, after one year of ownership, would begin contributing to core margins going forward. On the Q4 2024 earnings call in February 2025, Zapico expressed optimism about pro-growth policies, citing regulatory relief, a focus on energy development, increased military spending, and planned tax breaks for U.S. manufacturing. He said AMETEK had prepared contingency plans for tariffs, referencing a 2017-2018 playbook that involved decoupling supply chains from China, and indicated the company planned to pass tariff costs to customers if enacted. He also described an aggressive M&A strategy, noting a strong balance sheet and expectations for opportunistic share buybacks and increasing dividends.

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