Business Context and Reporting Period
This Form 8-K Current Report was filed by Emerson Electric Co. on August 9, 2010. 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 disclosure regarding the departure of a director and contains no financial performance data.
Material Changes
On August 9, 2010, Sir Robert Horton informed the Company that he does not wish to stand for reelection as a director for personal reasons. He will continue to serve as a director through the date of the Company's next Annual Meeting of Stockholders, scheduled for February 1, 2011.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items beyond the director's departure.
Key Facts for Investors to Verify
- Sir Robert Horton will not seek reelection as a director.
- The reason cited for the departure is personal.
- Horton remains on the Board until the Annual Meeting on February 1, 2011.
- No financial results or operational updates are included in this specific filing.