Business Context and Reporting Period
This Form 8-K Current Report was filed by Emerson Electric Co. on February 9, 2007, covering events occurring on February 6, 2007. The filing pertains to corporate governance changes at the Company's Annual Meeting of Stockholders.
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 Item 5.02 regarding officer departures and does not contain financial performance data.
Material Changes
The primary material change reported is the retirement of Gerald A. Lodge from the Board of Directors. His retirement became effective immediately following the election of Directors at the Annual Meeting on February 6, 2007.
Guidance, Outlook, and Management Commentary
There is no guidance, outlook, or management commentary regarding future financial performance in this filing. The departure of Mr. Lodge was executed in accordance with the Company's Bylaws, which stipulate that an individual may not stand for election or re-election as a Director after reaching the age of 72.
Key Facts for Investor Verification
- Event: Retirement of Director Gerald A. Lodge.
- Effective Date: February 6, 2007 (post-election at Annual Meeting).
- Reason: Mandatory retirement due to age (72) per Company Bylaws.
- Financial Impact: None disclosed in this filing.