8-KLeadership ChangesExhibits & Filings

AGILENT TECHNOLOGIES, INC. 8-K Report, Executive Changes (Sep 17, 2014)

Filed September 17, 2014For Securities:A

Summary

Agilent Technologies, Inc. announced a significant leadership transition through an 8-K filing on September 17, 2014. The current President and CEO, William P. Sullivan, plans to retire as CEO on March 18, 2015, and as President effective immediately. Mr. Sullivan will transition to a senior advisor role until October 31, 2015, providing continuity during the handover period. Concurrently, the Board has appointed Michael McMullen, currently a Senior Vice President, as the new President and Chief Operating Officer, effective September 17, 2014. The company intends to appoint Mr. McMullen as CEO upon Mr. Sullivan's retirement and will nominate him for election to the Board. This planned succession aims to ensure a smooth transition with an experienced internal candidate who has a long tenure with Agilent.

Key Highlights

  • 1CEO William P. Sullivan announces retirement plans, with retirement from CEO role effective March 18, 2015.
  • 2Sullivan will transition to a Senior Advisor role post-retirement to ensure knowledge transfer.
  • 3Michael McMullen appointed President and Chief Operating Officer, effective immediately.
  • 4McMullen is the intended successor for the CEO position upon Sullivan's retirement.
  • 5McMullen will also be nominated to the Board of Directors.
  • 6McMullen has extensive experience within Agilent, holding various leadership roles since 1984.
  • 7The company issued a press release on the same date detailing these management changes.

Frequently Asked Questions

Michael McMullen, currently Senior Vice President and President of Agilent’s Chemical Analysis Group, has been appointed President and Chief Operating Officer and is intended to succeed William P. Sullivan as CEO upon Mr. Sullivan's retirement on March 18, 2015.

William P. Sullivan will retire as CEO on March 18, 2015. Michael McMullen is appointed President and COO immediately and is expected to take over as CEO on that date.

Yes, Mr. Sullivan is expected to continue his employment with the company as a senior advisor from March 18, 2015, through October 31, 2015, to assist with the transition.

Michael McMullen has a long history with Agilent, joining the company in 1984. He has held numerous progressively senior general management positions and has served as Senior Vice President and President of Agilent’s Chemical Analysis Group since 2009.