8-K Officer Retirement
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 30, 2013
BRIGGS & STRATTON CORPORATION
(Exact name of registrant as specified in its charter)
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Wisconsin | | 1-1370 | | 39-0182330 |
(State or other jurisdiction | | (Commission | | (I.R.S. Employer |
of incorporation) | | File Number) | | Identification No.) |
12301 West Wirth Street, Wauwatosa, Wisconsin 53222
(Address of Principal Executive Offices) (Zip Code)
Registrant’s telephone number, including area code (414) 259-5333
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
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o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
BRIGGS & STRATTON CORPORATION AND SUBSIDIARIES
ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Thomas R. Savage, Senior Vice President-Corporate Development, has informed Briggs & Stratton Corporation (the "Company") of his intention to retire from the Company prior to December 31, 2014, and on October 30, 2013 the Company delivered a notice to Mr. Savage that the Company has elected not to renew the employment agreement and change of control employment agreement between Mr. Savage and the Company each dated as of January 1, 2009 due to his planned retirement. Accordingly, Mr. Savage's employment agreement will not be extended beyond the current expiration date of January 1, 2015, and the change of control period defined in Mr. Savage's change of control employment agreement will not be further extended and therefore will expire on the earlier of Mr. Savage's retirement date or January 1, 2016.
BRIGGS & STRATTON CORPORATION AND SUBSIDIARIES
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
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| | BRIGGS & STRATTON CORPORATION | |
| | (Registrant) | |
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Date: November 4, 2013 | | /s/ David J. Rodgers | |
| | David J. Rodgers | |
| | Senior Vice President and Chief Financial Officer | |
| | Duly Authorized Officer | |