Altra Industrial Motion (AIMC) Misses Q3 EPS by 1c

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Altra Industrial Motion (AIMC) CFO Retires; Todd B. Patriacca Appointed as new CFO

October 22, 2021 7:01 AM EDT

Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that Christian Storch, Executive Vice President and Chief Financial Officer, will be retiring on January 31, 2022 following a 14-year career at Altra. Todd B. Patriacca, who has served as Altras Vice President of Finance, Corporate Controller and Treasurer since February 2010, will become Executive Vice President, Chief Financial Officer and Treasurer effective February 1, 2022. In this new role, Mr. Patriacca will report to Carl Christenson, Altras Chairman and Chief Executive... More

Altra Industrial Motion (AIMC) Declares $0.08 Quarterly Dividend; 0.6% Yield

October 20, 2021 12:33 PM EDT

Altra Industrial Motion (NASDAQ: AIMC) declared a quarterly dividend of $0.08 per share, or $0.32 annualized.

The dividend will be payable on January 4, 2022, to stockholders of record on December 17, 2021, with an ex-dividend date of December 16, 2021.

The annual yield on the dividend is 0.6... More