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Ametek Names Dalip Puri Finance Chief as William Burke Retires

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Ametek Names Dalip Puri Finance Chief as William Burke Retires

By Colin Kellaher

Ametek’s top finance executive, William Burke, is retiring after more than 35 years with the industrial-technology company.

Dalip Puri will succeed Burke as executive vice president and chief financial officer on April 2, Ametek said Tuesday.

Puri, who joined the Berwyn, Pa., company in 2017, has been senior vice president of operational finance since September.

Ametek said Burke, who joined the company in 1987 and has been chief financial officer since May 2016, will remain as a senior adviser through April 2025 to assist with the transition.

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Write to Colin Kellaher at colin.kellaher@wsj.com

Finance

Wednesday’s Campaign Round-Up, 7.1.26: Justices help GOP with campaign finance ruling

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Wednesday’s Campaign Round-Up, 7.1.26: Justices help GOP with campaign finance ruling

Today’s installment of campaign-related news items from across the country.

* When it comes to campaign finance laws, both parties’ campaign committees have faced restrictions on how much money they could spend in coordination with candidates’ campaigns. Those limits are now effectively gone.

As MS NOW’s Jordan Rubin explained, “The Supreme Court’s GOP-appointed majority ruled for Republicans in their campaign finance challenge to restrictions on political parties spending on ads with input from the party’s candidate.”

A Punchbowl News report added that the ruling, written by Justice Brett Kavanaugh, “handed Republicans a massive win” and is likely to “usher in the biggest change to campaign finance law since the Citizens United decision.”

The same report went on to note that Tuesday’s high court ruling “allows for unrestricted coordination between candidates and party committees. That means committees, like the NRSC or the DCCC, can run unlimited TV ads with allied candidates. More importantly, they can also buy those ads at the much cheaper rate offered to candidates. … Tuesday’s SCOTUS ruling will also eradicate the need for independent expenditure arms at party committees.”

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Republicans already enjoyed a significant financial advantage over Democrats. The Republican-appointed justices just made it easier for the GOP to capitalize on that advantage.

* In Colorado’s closely watched Democratic primaries, incumbent Sen. John Hickenlooper fended off a challenge from the left, but some of his colleagues weren’t as fortune: Democratic socialist Melat Kiros ended long-serving Rep. Diana DeGette’s career in Denver’s congressional district, while state Attorney General Phil Weiser scored a major upset by defeating incumbent Sen. Michael Bennet in a gubernatorial primary.

* In the race for North Carolina’s open Senate seat, former Democratic Gov. Roy Cooper leads former Republican National Committee Chairman Michael Whatley in the latest New York Times/Siena poll, 50% to 43%, pointing to a possible pickup opportunity for Democrats.

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Google Cloud Pursues Financial Markets in FactSet Alliance | PYMNTS.com

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Google Cloud Pursues Financial Markets in FactSet Alliance | PYMNTS.com

Google Cloud and FactSet, a provider of data and artificial intelligence solutions to the financial markets, plan to jointly develop AI agents designed to assist with portfolio operations, deal advisory and corporate finance.

The agents are one of three areas of focus the companies will pursue in a new partnership that will bring new AI-powered solutions to the financial industry, FactSet said in a Tuesday (June 30) press release.

The partnership brings together FactSet’s data, analytics and workflows with Google Cloud’s agentic AI capabilities and infrastructure, according to the release.

The new jointly designed agents will be built using Google Cloud’s Gemini Enterprise Agent Platform.

Another area of focus will be FactSet AI enhanced with Gemini models. FactSet is embedding Google’s enterprise Search and Gemini model capabilities in the FactSet Workstation to launch the new agents for finance; leveraging Google Cloud’s AI capabilities to accelerate the development of new Workstation products with deep research functionality and multi-modal experiences; and directly integrating with Google grounding to improve FactSet’s AI-enhanced insights.

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The partnership’s third area of focus is deeper financial intelligence in Gemini Enterprise, which is Google Cloud’s AI platform for building, governing and deploying agents. FactSet’s MCP and agent sharing functionality will deepen the platform’s financial intelligence and provide financial professionals with seamless interoperability between the FactSet Workstation and Gemini Enterprise, per the release.

FactSet CEO Sanoke Viswanathan said in the release: “AI is fundamentally shifting how financial professionals access data, derive insights and make decisions. Together with Google Cloud, we are putting trusted financial data and advanced AI capabilities to work, empowering our clients with more intuitive, connected and intelligent agents.”

Google Cloud Chief Product and Business Officer Karthik Narain said in the release: “By combining Google Cloud’s agentic AI capabilities with FactSet’s deep financial expertise, we are enabling investment professionals to surface insights faster, automate complex workflows, and realize commercial value from AI.”

The PYMNTS Intelligence report “Financial Services Pulls Ahead in the Enterprise AI Race” found that 85% of financial services and insurance firms are increasing their AI budgets over the next 12 months.

The top justifications for these investments are productivity and efficiency gains, cited by 65% of the firms, and strategic or competitive positioning, also cited by 65%, according to the report.

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What the Supreme Court’s campaign finance ruling means for the 2026 election

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What the Supreme Court’s campaign finance ruling means for the 2026 election

Tuesday’s Supreme Court ruling changing certain federal campaign finance limits could make a big difference in the battle for control of Congress this fall, giving Republican candidates who have been getting outraised by opponents direct access to more party cash.

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