Business Context and Reporting Period
This Form 8-K filing by EnerSys (Commission File Number 1-32253) was submitted on August 2, 2007. The report addresses a corporate governance event: the appointment of a new Class I director to the Board of Directors effective August 2, 2007.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current report regarding a personnel change and does not contain financial statements or performance metrics.
Material Changes
The material change reported is the appointment of Raymond E. Mabus, Jr., to the Board of Directors to fill the seat vacated by Mr. Eric Fry. Mr. Mabus' term is set to expire at the Company's 2008 Annual Meeting of Stockholders. No financial material changes are reported in this document.
Guidance, Outlook, and Management Commentary
There is no financial guidance, outlook, or management commentary regarding business performance in this filing. The document notes that Mr. Mabus will receive compensation in accordance with the Company's policies for outside directors and that no transactions requiring disclosure under Item 404(a) of Regulation S-K exist. Board committee assignments for Mr. Mabus have not yet been determined.
Key Facts for Investor Verification
- Raymond E. Mabus, Jr. was appointed as a Class I director effective August 2, 2007.
- Mr. Mabus replaces Mr. Eric Fry on the Board of Directors.
- Mr. Mabus brings experience as a former U.S. Ambassador to Saudi Arabia, former Governor of Mississippi, and former Chairman/CEO of Foamex International Inc.
- Board committee assignments for the new director are pending.
- This filing contains no financial data or operational updates.