Summary
Emerson Electric Co. (EMR) filed an 8-K on February 22, 2007, to report a significant executive transition within its legal and corporate governance functions. W. Wayne Withers, Executive Vice President, Secretary, and General Counsel, announced his intention to retire from his executive and employee roles by September 30, 2007, following his departure from Secretary and General Counsel positions on March 15, 2007. Mr. Withers is expected to transition into a consulting role with the company thereafter, subject to further agreement on terms. Concurrently, the company announced the appointment of Frank L. Steeves as the new Senior Vice President, Secretary, and General Counsel, effective March 15, 2007. This filing serves to formally announce these leadership changes, ensuring transparency for investors regarding the continuity of key executive positions. The attached press release provides further details on the transition.
Key Highlights
- 1W. Wayne Withers, EVP, Secretary, and General Counsel, will retire from his executive and employee roles by September 30, 2007.
- 2Mr. Withers will step down as Secretary and General Counsel on March 15, 2007.
- 3Mr. Withers is expected to serve as a consultant to Emerson Electric Co. after his retirement.
- 4Frank L. Steeves has been appointed as the new Senior Vice President, Secretary, and General Counsel.
- 5Mr. Steeves's appointment is effective March 15, 2007.
- 6The filing incorporates a press release dated February 20, 2007, detailing these executive changes.
- 7This 8-K addresses key officer departures and appointments, fulfilling disclosure requirements.