Summary
Danaher Corporation filed an 8-K on December 6, 2005, reporting a key change to its Board of Directors. Effective December 5, 2005, the company increased the size of its board to ten members and appointed Linda P. Hefner as a new director. Ms. Hefner's appointment fills a newly created vacancy, and her term will extend until Danaher's 2006 annual meeting of shareholders. The filing also confirms that Ms. Hefner was selected without any pre-existing arrangements and has no disclosed interests requiring disclosure under Regulation S-K. This change in board composition is the primary event reported in this filing, indicating an expansion of governance oversight for the company at that time.
Key Highlights
- 1Danaher Corporation appointed Linda P. Hefner as a new member of its Board of Directors on December 5, 2005.
- 2The size of the Danaher Board of Directors was increased to ten members to accommodate the new appointment.
- 3Ms. Hefner's appointment fills a newly created vacancy on the board.
- 4Her initial term as a director is set to expire at the company's 2006 annual meeting of shareholders.
- 5There are no disclosed arrangements or understandings between Ms. Hefner and any other person regarding her selection as a director.
- 6Ms. Hefner has no reported transactions requiring disclosure under Item 404(a) of Regulation S-K.
- 7The filing includes a press release dated December 5, 2005, announcing Ms. Hefner's election as an exhibit.
Frequently Asked Questions
The main purpose of this 8-K filing is to report a change in Danaher Corporation's Board of Directors, specifically the appointment of a new director, Linda P. Hefner, and the corresponding increase in the board's size.
Linda P. Hefner has been appointed as a new director to the Danaher Corporation's Board of Directors. Her term will run until the 2006 annual shareholder meeting.
The filing explicitly states that there are no arrangements or understandings concerning Ms. Hefner's selection, nor does she have any interests requiring disclosure under Item 404(a) of Regulation S-K, suggesting a clean appointment.
Yes, the Board of Directors of Danaher Corporation was increased in size from nine to ten members to accommodate the appointment of Ms. Hefner.