-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SOI2dywTQ+jahm55OszbVFkbu6nuyFgx++JUqptlaCNHD+R2MDUOBHv0i3SSAJs0 MHNhFZJsZZ/5mATygSjcng== 0000898432-97-000081.txt : 19970222 0000898432-97-000081.hdr.sgml : 19970222 ACCESSION NUMBER: 0000898432-97-000081 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19970212 ITEM INFORMATION: Changes in control of registrant FILED AS OF DATE: 19970213 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALLEGHENY TELEDYNE INC CENTRAL INDEX KEY: 0001018963 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 251792394 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12001 FILM NUMBER: 97528347 BUSINESS ADDRESS: STREET 1: 1000 SIX PPG PLACE CITY: PITTSBURGH STATE: PA ZIP: 15222 BUSINESS PHONE: 4123942800 MAIL ADDRESS: STREET 1: 100 SIX PPG PLACE CITY: PITTSBURGH STATE: PA ZIP: 15222 8-K 1 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): February 12, 1997 ALLEGHENY TELEDYNE INCORPORATED (Exact name of registrant as specified in its charter) DELAWARE 1-12001 25-1792394 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 1000 SIX PPG PLACE, PITTSBURGH, PENNSYLVANIA 15222-5479 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: 412-394-2800 Item 5. Other Events ------------ On February 12, 1997, the registrant issued a press release announcing that its President and Chief Executive Officer, William P. Rutledge, had tendered his resignation as an officer, and that the registrant's Chairman, Richard P. Simmons, will serve as President and Chief Executive Officer. During the transition, Mr. Rutledge will be available to assist Mr. Simmons with respect to the registrant's non-metals businesses. A copy of the text of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference, and the foregoing summary is qualified in its entirety by reference to such Exhibit. Item 7. Financial Statements and Exhibits --------------------------------- (a) Not applicable. (b) Not applicable. (c) Exhibits. The following exhibit is filed as part of this Current Report on Form 8-K: Exhibit Description No. ----------- ------- Press Release dated February 12, 1997 99.1 - 2 - 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. ALLEGHENY TELEDYNE INCORPORATED February 12, 1997 By: /s/ Jon D. Walton ---------------------------- Jon D. Walton Vice President-General Counsel and Secretary - 3 - EXHIBIT INDEX Sequential No. Description Page No. - ------- ----------- ---------- 99.1 Press Release dated February 12, 1997 5 - 4 - EX-99 2 [ALLEGHENY TELEDYNE LOGO] 1000 Six PPG Place Pittsburgh, PA 15222-5479 NEWS RELEASE CONTACT: Gary Stechmesser 412/394-2861 Dan Greenfield 412/394-3004 WILLIAM P. RUTLEDGE RESIGNS, AND RICHARD P. SIMMONS ELECTED PRESIDENT AND CHIEF EXECUTIVE OFFICER OF ALLEGHENY TELEDYNE INCORPORATED Pittsburgh, PA, February 12, 1997 - Allegheny Teledyne Incorporated (NYSE: ALT) announced that its president and chief executive officer, William P. Rutledge, tendered his resignation as an officer of the company effective today. Allegheny Teledyne Incorporated (ATI) was formed on August 15, 1996, in a strategic combination of Pittsburgh-based Allegheny Ludlum Corporation and Los Angeles-based Teledyne, Inc. Allegheny Teledyne also announced that Chairman Richard P. Simmons will serve as president and chief executive officer of the company. During the transition, Mr. Rutledge will be available to assist Mr. Simmons with respect to ATI's non-metals businesses. Mr. Rutledge has decided to pursue other opportunities. He stated, "For personal and family reasons, I have found the transition from California to ATI's Pittsburgh, Pennsylvania headquarters difficult and have determined it to be in the best interest of all involved that I resign. I regret having to make this decision, but I am confident that ATI is well-positioned to achieve sustained profitable growth in the years to come." Mr. Simmons stated, "The board and I wish to thank Bill for his past performance and support. We respect his decision to step down at this time for family reasons and we wish him well in his future endeavors." Allegheny Teledyne Incorporated is a federation of technology-based manufacturing businesses with significant concentration in specialty metals, complemented by aerospace and electronics, industrial, and consumer products. # # # -----END PRIVACY-ENHANCED MESSAGE-----