UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Current Report Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 29, 2016
DONALDSON COMPANY, INC.
(Exact name of registrant as specified in its charter)
| Delaware | 1-7891 | 41-0222640 |
| (State or other jurisdiction of incorporation) |
(Commission file number) | (I.R.S. Employer Identification No.) |
| 1400 West 94th Street Minneapolis, MN 55431 |
||
| (Address of principal executive offices) | ||
| (952) 887-3131 | ||
| (Registrant’s telephone number, including area code) | ||
| 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 (see General Instruction A.2. below):
| 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 Principal Officers; Election of Directors; Appointment of Principal Officers.
On January 29, 2016, the Board of Directors of Donaldson Company, Inc. (the “Company”) elected Douglas A. Milroy to the Company’s Board of Directors, effective March 18, 2016. Mr. Milroy, 56, is Chairman and Chief Executive Officer of G&K Services, Inc., a service-focused market leader of branded uniform and facility services programs.
Mr. Milroy will also serve on the Audit Committee of the Board.
Compensatory arrangements for Mr. Milroy will be consistent with the Company’s previously disclosed standard arrangements for Non-Employee Directors. Such arrangements are described in the Company’s proxy statement for its 2015 Annual Meeting of Stockholders filed on November 23, 2015, which disclosure is incorporated herein by reference.
A copy of the press release that discusses these matters is filed as Exhibit 99.1 to, and incorporated by reference in, this report.
Item 9.01. Financial Statements and Exhibits
(c) Exhibits
99.1 Press Release dated January 29, 2016 issued by Donaldson Company, Inc.
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.
Date: January 29, 2016
| DONALDSON COMPANY, INC. | ||||||
| By: | /s/ Amy C. Becker | |||||
| Name: Amy C. Becker | ||||||
| Title: Vice President, General Counsel and | ||||||
| Secretary | ||||||
| Exhibit No. | Description | ||||
|---|---|---|---|---|---|
| 99.1 | Press Release dated January 29, 2016 issued by Donaldson Company, Inc. | ||||
Exhibit 99.1
| FOR IMMEDIATE RELEASE | For more information, contact: Brad Pogalz (952) 887-3753 |
Douglas A. Milroy Named to Donaldson Company Board of Directors
MINNEAPOLIS (Jan. 29, 2016) — Donaldson Company, Inc. (NYSE: DCI) today announced that Douglas A. Milroy has been appointed to its Board of Directors, effective March 18, 2016.
Milroy, 56, is chairman and chief executive officer of G&K Services, Inc. (NASDAQ:GK), a service-focused market leader of branded uniform and facility services programs. Prior to becoming chief executive officer of G&K Services in 2009, he served as the company’s president of Direct Purchase and Business Development.
Before joining G&K Services in 2006, Milroy held senior management positions with Ecolab, Inc., FMC Corporation, and McKinsey & Company. He earned a bachelor’s degree from the University of Minnesota and an MBA from the Harvard Business School.
“The team at G&K has built an outstanding track record,” said Tod Carpenter, president and chief executive officer of Donaldson. “Doug’s extensive experience related to profitably growing businesses throughout his career will provide us with valuable perspective to assist us in achieving our growth goals at Donaldson. I am very excited to have Doug join our Board of Directors.”
About G&K Services, Inc.
G&K Services, Inc. is a service-focused market leader of branded uniform and facility services programs in the United States, and is the largest such provider in Canada. Headquartered in Minneapolis, MN, G&K Services has 8,000 employees serving approximately 170,000 customer locations from 165 facilities in North America. G&K Services is a publicly held company traded over the NASDAQ Global Select Market under the symbol GK and is a component of the Standard & Poor’s SmallCap 600 Index. For more information, visit www.gkservices.com.
About Donaldson Company
Founded in 1915 and based in Bloomington, MN, Donaldson (NYSE: DCI) is a global leader in the filtration industry with approximately 140 sales, manufacturing and distribution locations in 44 countries. Donaldson’s innovative filtration technologies improve people’s lives, enhance Customers’ equipment performance and protect the environment. For more information, visit www.Donaldson.com.
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