8-KOther Events

AMAZON COM INC 8-K Report (Apr 12, 2004)

Filed April 12, 2004For Securities:AMZN

Summary

This 8-K filing from Amazon.com, Inc. (AMZN) on April 12, 2004, reports a significant change in its Board of Directors. Myrtle S. Potter was elected to the Board, effective April 11, 2004. This appointment is material as it indicates a change in the company's governance structure and potentially brings new expertise and perspectives to the decision-making process at the highest level. While the filing is brief and focuses solely on this director appointment, investors should consider this as part of Amazon's ongoing corporate development. The addition of a new director, particularly one announced via a press release (Exhibit 99.1), often signals strategic considerations or a response to evolving business needs. Investors may want to research Ms. Potter's background and experience to understand the potential impact on Amazon's future direction and oversight.

Key Highlights

  • 1Amazon.com, Inc. announced the election of Myrtle S. Potter to its Board of Directors.
  • 2The appointment was effective April 11, 2004.
  • 3This event is disclosed under Regulation FD, ensuring broad public dissemination of material information.
  • 4The filing indicates a change in the composition of Amazon's governing body.
  • 5A press release dated April 12, 2004, is attached as Exhibit 99.1, providing further details.
  • 6The report was filed on April 12, 2004.

Frequently Asked Questions

The 8-K filing itself does not provide details on Myrtle S. Potter's background. However, it is mentioned that a press release (Exhibit 99.1) was issued on April 12, 2004, which likely contains information about her qualifications and previous experience relevant to her appointment to the Amazon.com Board of Directors.

Changes in a company's Board of Directors are considered material events because they affect the company's governance, oversight, and strategic direction. Investors look to the Board for leadership and accountability, so new appointments can signal shifts in strategy, risk management, or the expertise available to guide the company.

Regulation FD (Fair Disclosure) is an SEC rule that requires public companies to disclose material non-public information to the public in a manner that is broadly disseminated. In this case, Amazon is using an 8-K filing under Regulation FD to ensure that the information about Ms. Potter's election to the Board is made public simultaneously.

No, this particular 8-K filing is solely focused on the disclosure of a change in the Board of Directors. It does not contain any financial results, operational updates, or forward-looking statements. Information on financial performance would typically be found in other SEC filings such as quarterly reports (10-Q) or annual reports (10-K).