-----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, NR3zj9tmx0bNZi0lsNTnjitjM8wtE7E6q3uNCuB5wCH+RQJTlphJjLxrAhmt2qsp CFHovgER/bMcf5XEVBrXwg== 0000897101-07-001009.txt : 20070507 0000897101-07-001009.hdr.sgml : 20070507 20070507083057 ACCESSION NUMBER: 0000897101-07-001009 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20070502 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070507 DATE AS OF CHANGE: 20070507 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: 07822324 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 stjude072008_8k.htm FORM 8-K DATED MAY 2, 2007 St. Jude Medical, Inc. Form 8-K dated May 2, 2007


 
 

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): May 2, 2007

 


ST. JUDE MEDICAL, INC.

(Exact name of registrant as specified in its charter)

 

Minnesota

0-8672

41-1276891

(State or other jurisdiction
of incorporation)

(Commission
File Number)

(IRS Employer
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)

 


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 


 
 



Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

(b)         On May 2, 2007, Michael J. Coyle notified St. Jude Medical, Inc. (the “Company”) of his decision to transition out of his role as President of the Cardiac Rhythm Management Division of the Company, effective July 1, 2007.

 

Item 8.01    Other Events.

 

On May 7, 2007, the Company issued a press release announcing that Eric S. Fain, M.D., has been appointed to the position of President of the Cardiac Rhythm Management Division of the Company, effective July 1, 2007. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.

 

Item 9.01    Financial Statements and Exhibits.

 

(d)         Exhibits:

 

99.1    Press release issued by the Company on May 7, 2007.

 











SIGNATURES

 

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.

 

 

ST. JUDE MEDICAL, INC.

 

Date:   May 7, 2007

By:  

/s/   Pamela S. Krop

 

 

Pamela S. Krop
Vice President, General Counsel
and Secretary















EXHIBIT INDEX

 

Exhibit No.

 

Description of Exhibit

 

99.1

 

Press release issued by St. Jude Medical, Inc. on May 7, 2007.













EX-99.1 2 stjude072008_ex99-1.htm PRESS RELEASE DATED MAY 7, 2007 Exhibit 99.1 to St. Jude Medical, Inc. Form 8-K dated May 2, 2007

Exhibit 99.1

 

St. Jude Medical, Inc.
One Lillehei Plaza
St. Paul, Minnesota 55117
(651) 483.2000
www.sjm.com


Contacts:

Angela Craig

Kathleen Janasz

 

Investor Relations

Media Relations

 

(651) 481-7789

(651) 415-7042


 

 

ST. JUDE MEDICAL ANNOUNCES CRM SUCCESSION PLAN

 

Eric S. Fain To Become President of Cardiac Rhythm Management Division

Michael J. Coyle to Transition Leadership Role Over Next Few Months

 

ST. PAUL, Minn. — May 7, 2007 — St. Jude Medical, Inc. (NYSE: STJ) today announced that Eric S. Fain will become President of its Cardiac Rhythm Management Division (CRMD) effective July 1, 2007, succeeding Michael J. Coyle, who will transition out of this role after 13 highly successful years with the company.

 

Eric Fain has been with St. Jude Medical companies for 20 years, most recently as Executive Vice President for Development and Clinical/Regulatory Affairs for CRMD, the company’s largest division.

 

“Eric Fain is a 20-year veteran of the ICD business, who has played an integral role in the success of our Cardiac Rhythm Management Division,” said Daniel J. Starks, Chairman, President and Chief Executive Officer of St. Jude Medical, Inc. “His clinical, regulatory, and product development experience and knowledge make him ideally suited to lead this group.

 

“Mike Coyle has been an important part of St. Jude Medical’s success for more than a decade, leading both our Cardiac Rhythm Management group and the former Daig Division,” continued Starks. “He has provided strong leadership during a time of tremendous growth. Mike’s commitment and contributions to St. Jude Medical have given him significant career, financial and personal independence and flexibility and Mike has informed me that he would like to transition out of the role over the course of 2007. We thank Mike for his contributions, his commitment and his enthusiasm. Eric and Mike will work closely over the next few months to ensure a seamless transition.”

 

Eric has been responsible for managing all implantable cardioverter defibrillator (ICD), pacemaker, and related product and technology development; U.S. and international regulatory submissions; U.S. and international clinical studies; and the U.S. field clinical engineering and technical support organizations for CRMD.

 

 




He joined Ventritex (now part of St. Jude Medical) in 1987 and was named CRMD’s Senior Vice President, Clinical Engineering and Regulatory Affairs in 1998. In 2002, his role broadened to include Product Development responsibilities, and in 2005 he was promoted to his current position.

 

Eric received his M.D. from the Stanford University School of Medicine. He also holds a Bachelor of Science degree in Applied Math/Biology from Brown University, where he graduated magna cum laude. He holds approximately 36 U.S. patents and has been widely published in clinical journals, having served as an author on more than 25 manuscripts.

 

Mike Coyle joined St. Jude Medical in 1994 as Director of Business Development. In 1997, he was named President of St. Jude Medical’s Daig Division. He has been President of the Cardiac Rhythm Management Division since 2001.

 

About St. Jude Medical

 

St. Jude Medical is dedicated to making life better for cardiac, neurological and chronic pain patients worldwide through excellence in medical device technology and services. The Company has five major focus areas that include: cardiac rhythm management, atrial fibrillation, cardiac surgery, cardiology and neuromodulation. Headquartered in St. Paul, Minn., St. Jude Medical employs more than 11,000 people worldwide. For more information, please visit www.sjm.com.

 

Forward-Looking Statements

 

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Such forward-looking statements include the expectations, plans and prospects for the Company, including potential clinical successes, anticipated regulatory approvals and future product launches, and projected revenues, margins, earnings, and market shares. The statements made by the Company are based upon management’s current expectations and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include market conditions and other factors beyond the Company’s control and the risk factors and other cautionary statements described in the Company’s filings with the SEC, including those described in the Company’s Annual Report on Form 10-K filed on February 28, 2007 (see Item 1A on pages 13-20, and page 20 of Exhibit 13 to the Company’s Form 10-K). The Company does not intend to update these statements and undertakes no duty to any person to provide any such update under any circumstance.

 

 

 



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-----END PRIVACY-ENHANCED MESSAGE-----