0000031107-19-000004.txt : 20190228 0000031107-19-000004.hdr.sgml : 20190228 20190228165317 ACCESSION NUMBER: 0000031107-19-000004 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190228 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20190228 DATE AS OF CHANGE: 20190228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EASTERN CO CENTRAL INDEX KEY: 0000031107 STANDARD INDUSTRIAL CLASSIFICATION: CUTLERY, HANDTOOLS & GENERAL HARDWARE [3420] IRS NUMBER: 060330020 STATE OF INCORPORATION: CT FISCAL YEAR END: 1229 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35383 FILM NUMBER: 19644334 BUSINESS ADDRESS: STREET 1: 112 BRIDGE ST STREET 2: P O BOX 460 CITY: NAUGATUCK STATE: CT ZIP: 06770 BUSINESS PHONE: 2037292255 MAIL ADDRESS: STREET 1: 112 BRIDGE STREET STREET 2: P O BOX 460 CITY: NAUGATUCK STATE: CT ZIP: 06770 8-K 1 form8k_directornominee.htm

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: February 28, 2019
(Date of earliest event reported)


The Eastern Company
 (Exact name of Registrant as specified in its charter)


Connecticut
001-35383
06-0330020
(State or other jurisdiction
(Commission File Number)
(IRS Employer
of incorporation)
  
Identification No.)


112 Bridge Street, Naugatuck, Connecticut
  
06770
(Address of principal executive offices)
  
(Zip Code)


(203) 729-2255
 (Registrant's telephone number, including area code)

________________________________________________
(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)

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

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

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

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

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging Growth Company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


ITEM 8.01 – Other Events

On February 28, 2019, The Eastern Company's Board of Directors, upon the recommendation of the Company's Nominating and Corporate Governance Committee at their February 25, 2019 meeting, announced its decision to nominate Peggy B. Scott for election as a director at the Company's 2019 Annual Meeting. A copy of the press release is hereto attached as Exhibit 99.1.


ITEM 9.01 – Financial Statements and Exhibits

(d) Exhibits


Exhibit No. Title

99.1 
Press Release dated February 28, 2019 announcing Peggy B. Scott as a director nominee at the 2019 Annual Meeting of Shareholders.



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.



 
The Eastern Company
   
   
   
Date: February 28, 2019
/s/John L. Sullivan III
 
John L. Sullivan III
 Vice President and Chief Financial Officer


EX-99.1 2 ex99peggyscott.htm
Exhibit 99.1
FOR IMMEDIATE RELEASE

February 28, 2019


THE EASTERN COMPANY WILL NOMINATE PEGGY B. SCOTT TO JOIN ITS BOARD OF DIRECTORS

Naugatuck, CT – The Eastern Company (NASDAQ:EML) today announced that the Board of Directors has decided to nominate Peggy B. Scott to join its Board of Directors. Shareholders will have an opportunity to elect Ms. Scott at Eastern's annual meeting on May 1, 2019.

Mr. Mitarotonda, Chairman of the Board of Directors and Chairman of the Nominating and Governance Committee said "After a thorough search process, we are thrilled to nominate Peggy to our Board, and we will no doubt benefit from her deep experience as CEO, Board Chair and Director as well as her professional accounting and finance expertise."

Ms. Scott is currently Chairperson of the Board of Cleco Corporate Holdings LLC, an electric power company with assets of $7.0 billion, headquartered in the Central Louisiana city of Pineville, and served as its Interim CEO from February 2017 to December 2017. Previously, Ms. Scott served as the Executive Vice President, Chief Operating Officer and Chief Financial Officer of Blue Cross Blue Shield of Louisiana ("BCBS") and as Chief Strategy Officer. Prior to BCBS, Ms. Scott was an office Managing Partner with Deloitte advising industrial companies and held executive positions in United States and International companies where she led transformations, growth strategies and operations in seven foreign countries. Ms. Scott was named one of the ten Outstanding Young Women of America, featured in the Wall Street Journal as National Financial Executive of the year, and inducted into the American Institute of CPAs' Business & Industry Hall of Fame. Ms. Scott was the first woman ever designated a managing partner of any Deloitte office and is a Certified Public Accountant and certified in Valuations/Forensics.

About The Eastern Company

The Eastern Company is 160-year old manufacturer of industrial hardware, security products and metal castings.  It operates 16 locations in the United States, Canada, Mexico, Taiwan and China.

Safe Harbor for Forward-Looking Statements

Statements in this document about our future expectations, beliefs, goals, plans or prospects constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and the rules, regulations and releases of the Securities and Exchange Commission. Any statements that are not statements of historical fact, including statements containing the words "believes," "intends", "continues," "reflects," "plans," "anticipates," "expects," and similar expressions, should also be considered to be forward-looking statements. Readers should not place undue reliance on these forward-looking statements, which are based upon management's current beliefs and expectations.  These forward-looking statements are subject to risks and uncertainties, and actual results might differ materially from those discussed in, or implied by, the forward-looking statements.  Among the risks and uncertainties that could cause actual results or events to differ materially from those indicated by such forward-looking statements include, but are not limited to changing customer preferences, lack of success of new products, loss of customers and increased prices for raw materials.  There are important, additional factors that could cause actual results or events to differ materially from those indicated by such forward looking statements, including those set forth in our reports and filings with the Securities and Exchange Commission.  We undertake no obligation to update, alter, or otherwise revise any forward-looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future events, or otherwise.

The Eastern Company
August Vlak or John L. Sullivan III, 203-729-2255