Summary
Thermo Fisher Scientific Inc. (TMO) filed an 8-K on March 27, 2012, to report a director's resignation. Michael Porter, a board member since July 2001, has informed the company of his decision to resign, effective immediately prior to the 2012 Annual Meeting scheduled for May 23, 2012. Dr. Porter served on the Nominating and Corporate Governance and Strategy and Finance Committees. This filing is primarily informational, detailing a change in board composition. Investors should note the departure of a long-standing director and his committee memberships. While no specific reasons for the resignation were provided in this filing, it signifies a shift in the board's structure as the company approaches its annual meeting.
Key Highlights
- 1Director Michael Porter is resigning from Thermo Fisher Scientific's Board of Directors.
- 2The resignation is effective immediately prior to the 2012 Annual Meeting on May 23, 2012.
- 3Dr. Porter has been a director since July 2001, indicating a departure of experienced board leadership.
- 4Dr. Porter was a member of the Nominating and Corporate Governance Committee.
- 5Dr. Porter was also a member of the Strategy and Finance Committee.
- 6The filing does not provide specific reasons for Dr. Porter's resignation.
Frequently Asked Questions
Michael Porter, a director of Thermo Fisher Scientific Inc., is resigning from the Board of Directors.
The resignation will be effective immediately prior to the Company's 2012 Annual Meeting, which is scheduled for May 23, 2012.
Michael Porter was a member of the Nominating and Corporate Governance Committee and the Strategy and Finance Committee.
The 8-K filing does not specify the reasons for Michael Porter's resignation.