Summary
This 8-K filing from Emerson Electric Co. (EMR) reports the immediate resignation of Mr. William R. Johnson from the Emerson Board of Directors, effective May 16, 2017. The filing states that Mr. Johnson's departure is for personal reasons. This event is categorized under Item 5.02 of the 8-K, which deals with departures of directors or certain officers, the election of directors, and related matters. Investors should note that while the reason provided is personal, any sudden departure of a board member can sometimes lead to increased scrutiny regarding board dynamics and governance.
Key Highlights
- 1William R. Johnson resigned from the Emerson Electric Co. Board of Directors.
- 2The resignation was effective immediately as of May 16, 2017.
- 3The company cited 'personal reasons' as the stated cause for Mr. Johnson's departure.
- 4This filing falls under Item 5.02 of the 8-K, concerning director and officer changes.
- 5No other officer or director changes or appointments were disclosed in this specific filing.