-----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, S+MfVFyAGVi79GOh2MNJGnJ8VRbqTsAMQb8ulHt8Il9yZE3OackQ4MNRNLA1U5bE OsHowfr3XkLx8a/tzlc8JA== 0000897101-03-001601.txt : 20031210 0000897101-03-001601.hdr.sgml : 20031210 20031210155706 ACCESSION NUMBER: 0000897101-03-001601 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20031210 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20031210 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ST JUDE MEDICAL INC CENTRAL INDEX KEY: 0000203077 STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845] IRS NUMBER: 411276891 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12441 FILM NUMBER: 031047435 BUSINESS ADDRESS: STREET 1: ONE LILLEHEI PLAZA CITY: ST PAUL STATE: MN ZIP: 55117 BUSINESS PHONE: 6514832000 MAIL ADDRESS: STREET 1: ONE LILLEHEI PLAZA CITY: ST PAUL STATE: MN ZIP: 55117 8-K 1 stjude035298_8k.htm St. Jude Form 8-K

UNITED STATES
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) December 10, 2003


ST. JUDE MEDICAL, INC.
(Exact name of registrant as specified in its chapter)

Minnesota   0-8672   41-1276891  
(State or other jurisdiction  (Commission  (IRS Employer 
of incorporation)  File Number)  Identification No.) 

One Lillehei Plaza, St. Paul, MN

55117
(Address of principal executive offices) (Zip Code) 

Registrant’s telephone number, including area code (651) 483-2000

Not applicable
(Former name or former address, if changed since last report)




Item 9.    Regulation FD Disclosure

On December 10, 2003, the Registrant issued a press release concerning the retirement in May 2004 of CEO and Chairman Terry Shepherd and plans for Daniel Starks to succeed him, a copy of which is furnished herewith as Exhibit 1.

SIGNATURE

Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

    ST. JUDE MEDICAL, INC.  


Date: December 10, 2003


 


By:  /s/  Kevin T. O'Malley

Kevin T. O'Malley
Vice President and
General Counsel









EXHIBIT INDEX


Exhibit Description of Exhibit

1
 
Press Release, dated December 10, 2003
 
EX-99.1 3 stjude035298_ex99-1.txt Exhibit 1 - --------- ST. JUDE MEDICAL CHAIRMAN AND CEO TERRY SHEPHERD TO RETIRE IN MAY 2004; PRESIDENT AND COO DAN STARKS TO SUCCEED SHEPHERD ST. PAUL, MN, December 10, 2003 -- St. Jude Medical, Inc. (NYSE: STJ) announced today that Chairman and Chief Executive Officer Terry L. Shepherd has decided to retire effective with the Company's annual meeting in May 2004. Mr. Shepherd became Chief Executive Officer of St. Jude Medical in May 1999 and was elected Chairman of the Board in May 2002. The Board of Directors has elected President and Chief Operating Officer Daniel J. Starks to succeed Mr. Shepherd as Chief Executive Officer and Chairman of the Board of Directors, effective upon Mr. Shepherd's retirement. Mr. Shepherd will also retire from the St. Jude Medical Board of Directors in May 2004. Daniel J. Starks, 49, is a 19 year veteran of St. Jude Medical, including his tenure with the Daig Corporation it acquired in 1996. Mr. Starks became President and Chief Operating Officer of St. Jude Medical in February 2001. Mr. Starks previously served as CEO and President of its Cardiac Rhythm Management business, CEO and President of its Daig business, and as a Director and President of Daig Corporation. Mr. Starks has been a member of the St. Jude Medical Board of Directors since the Company acquired Daig Corporation in 1996. Mr. Starks graduated from the University of Minnesota Law School magna cum laude in 1979 and began his career practicing law in Minnesota. Terry L. Shepherd, 50, joined St. Jude Medical as President of its Heart Valve business in October 1994. He has worked in the medical technology industry for 22 years. Mr. Shepherd underwent successful open heart surgery in July 2003. "Today's announcement reflects a very natural leadership transition process and the great confidence that I and the Board of Directors have in Dan Starks and the next generation of leadership at St. Jude Medical," said Terry L. Shepherd. "When Dan was elevated to the position of President and Chief Operating Officer in early 2001, it was with the clear intention to prepare for this transition. The Company is now in superb shape, the next growth opportunities for St. Jude Medical are now unfolding on schedule and the leadership team is stronger than it ever has been and deserves the opportunity to step forward. Dan and I have worked together effectively as partners leading St. Jude Medical over the past several years and I expect this transition to be absolutely seamless." Dan Starks said, "All of St. Jude Medical salutes Terry Shepherd for his leadership and example as Chairman and CEO, colleague, and technologist completely focused at all times on doing what is best for patients, medical care providers, our shareholders and our employees on a global basis. We will benefit from Terry's legacy for years to come. Our market opportunity, technology, and employees all are positioned for sustained growth and success as we expand the ways we can help patients suffering from atrial fibrillation, other cardiac rhythm disorders, heart failure, coronary artery disease and heart valve defects. I am privileged to have worked so closely with Terry. I look forward to carrying on our disease management programs together with all of the members of the St. Jude Medical team." St. Jude Medical, Inc. (www.sjm.com) is dedicated to the design, manufacture and distribution of innovative medical devices of the highest quality, offering physicians, patients and payers unmatched clinical performance and demonstrated economic value.
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