Business Context and Reporting Period
This Form 8-K Current Report was filed by Donaldson Company, Inc. on January 21, 2005. The filing addresses a corporate governance event regarding the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to a personnel announcement and contains no financial data.
Material Changes
The material change reported is the departure of a director:
- Kendrick B. Melrose retired from the Board of Directors effective immediately prior to the regular board meeting on January 21, 2005.
- Mr. Melrose, 64, serves as Chairman and CEO of The Toro Company.
- The company will not fill Mr. Melrose's position, reducing the total number of directors to nine.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investors
- Donaldson Company, Inc. reduced its Board of Directors to nine members.
- The vacancy resulted from the retirement of Kendrick B. Melrose.
- Management has decided not to appoint a replacement for the retired director.