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): August 15, 2018
Emerson Electric Co.
(Exact Name of Registrant as Specified in Charter)
| Missouri | 1-278 | 43-0259330 | ||
| (State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification Number) |
| 8000 West Florissant Avenue St. Louis, Missouri |
63136 | |
| (Address of Principal Executive Offices) | (Zip Code) |
Registrant’s telephone number, including area code: (314) 553-2000
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:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
| ☐ | Emerging growth company |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 8.01. | Other Events. |
On August 15, 2018, Emerson Electric Co. (the “Company”) announced that Lal Karsanbhai will succeed Michael Train as Executive President of Automation Solutions, effective October 1, 2018.
Previously, the Company reported that Mr. Train, the Company’s current Executive President of Automation Solutions, will succeed Edward Monser as the Company’s President, when Mr. Monser retires as President of the Company on October 1, 2018. Mr. Train will also serve as Chairman of Automation Solutions.
Mr. Karsanbhai, 49, has been with Emerson for 23 years and has served as Group President of Emerson’s Rosemount Measurement & Analytical business since 2016. He previously served as President of Emerson’s former Network Power business in Europe, Middle East and Africa from 2014 and has held other leadership roles at the Company, including Vice President of Corporate Planning, President of Emerson’s Fisher Regulator Technologies and Vice President and General Manager of its Natural Gas Unit.
A copy of a press release dated August 15, 2018 announcing Mr. Karsanbhai’s appointment is attached hereto as Exhibit 99.1.
Forward-Looking and Cautionary Statements
Statements in this Current Report on Form 8-K that are not strictly historical may be “forward-looking” statements, which involve risks and uncertainties, and Emerson undertakes no obligation to update any such statements to reflect later developments. These risks and uncertainties include economic and currency conditions, market demand, pricing, protection of intellectual property, competitive and technological factors, and the impact of the Tax Cuts and Jobs Act, among others, as set forth in the Company’s most recent Annual Report on Form 10-K and subsequent reports filed with the SEC.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits.
| Exhibit Number |
Description of Exhibits | |
| 99.1 | Press Release dated August 15, 2018 | |
SIGNATURE
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 hereunto duly authorized.
| EMERSON ELECTRIC CO. | ||||||
| (Registrant) | ||||||
| Date: August 15, 2018 | By: | /s/ John A. Sperino | ||||
| John A. Sperino | ||||||
| Vice President and Assistant Secretary | ||||||