-----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, Lg2fTQHyIVVtMWhj15DTGanPZZKV6Of9wZeyOLmNNQQo1FmOwSW++gjItTg5RTlT Lp0c4cCyiEHwtXX7ym/toA== 0001299933-09-002476.txt : 20090605 0001299933-09-002476.hdr.sgml : 20090605 20090605133148 ACCESSION NUMBER: 0001299933-09-002476 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20090603 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090605 DATE AS OF CHANGE: 20090605 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HUBBELL INC CENTRAL INDEX KEY: 0000048898 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC LIGHTING & WIRING EQUIPMENT [3640] IRS NUMBER: 060397030 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-02958 FILM NUMBER: 09876443 BUSINESS ADDRESS: STREET 1: 584 DERBY MILFORD RD CITY: ORANGE STATE: CT ZIP: 06477-4024 BUSINESS PHONE: 2037994100 MAIL ADDRESS: STREET 1: 584 DERBY MILFORD RD CITY: ORANGE STATE: CT ZIP: 06477-4024 FORMER COMPANY: FORMER CONFORMED NAME: HUBBELL HARVEY INC DATE OF NAME CHANGE: 19860716 8-K 1 htm_33077.htm LIVE FILING Hubbell Incorporated (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):   June 3, 2009

Hubbell Incorporated
__________________________________________
(Exact name of registrant as specified in its charter)

     
Connecticut 1-2958 06-0397030
_____________________
(State or other jurisdiction
_____________
(Commission
______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
584 Derby Milford Road, Orange, Connecticut   06477
_________________________________
(Address of principal executive offices)
  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   203 799 4100

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:

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


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

On June 3, 2009, the Board of Directors of Hubbell Incorporated (the "Company") elected Lynn J. Good, 50, and Carlos A. Rodriguez, 44, as Directors of the Company. Ms. Good was appointed to serve on the Company's Audit Committee, and Mr. Rodriguez was appointed to serve on the Company's Finance Committee.

Ms. Good is Group Executive and President of Duke Energy Corporation's Commercial Business in Charlotte, North Carolina. Previously, she was Chief Financial Officer at Cinergy Corporation and had been a partner at the auditing firms of Deloitte & Touche LLP and Arthur Anderson LLP. Ms. Good graduated with a B.S. in Accountancy and Systems Analysis from Miami University of Ohio.

Mr. Rodriguez is the Division President for Small Business Services and the Professional Employer Organization at Automatic Data Processing, Inc. in Roseland, New Jersey. Mr. Rodriguez graduated from Harvard College with a B.A. in Government and earned and MBA at the Harvard Business School.

Ms. Good and Mr. Rodriguez will receive compensation consistent with the other non-management directors of the Company as disclosed in the Company’s Definitive Proxy Statement filed with the Securities and Exchange Commission on March 16, 2009, pro-rated based upon the effective date of their election. Such compensation includes: (1) an annual retainer of $60,000; (2) $2,000 for each Board and Board Committee meeting attended; and (3) a restricted share grant of 750 shares of Class B common stock after each annual meeting of shareholders, which will vest at the next year’s annual meeting of shareholders provided that the director is still serving as a director at the time of the meeting. Ms. Good and Mr. Rodriguez are also eligible to defer receipt of such fees pursuant to a deferred compensation agreement providing for payment of the fees in stock units (each stock unit consisting of one share each of the Company’s Class A common stock and Class B common stock) or credited with interest at the prime ra te as in effect at the Company’s principal commercial bank on the date immediately following the quarterly directors’ meeting, subject to certain terms and conditions of the Company’s Deferred Compensation Plan for Directors under which the fees are deferred. Dividend equivalents are paid on the stock units and are converted into additional stock units. Distributions are made in either a lump sum or in installment payments, at the Director’s election.





Item 9.01 Financial Statements and Exhibits.

A copy of the Company’s press release announcing the election of Ms. Good and Mr. Rodriguez to the Board of Directors is attached as Exhibit 99.1 and is incorporated herein by reference.





INFORMATION CONCERNING FORWARD-LOOKING STATEMENTS — Certain of the statements contained in this report and the exhibit attached hereto, including, without limitation, statements as to management’s good faith expectations and belief are forward-looking statements. Forward-looking statements are made based upon management’s expectations and belief concerning future developments and their potential effect upon the Company. There can be no assurance that future developments will be in accordance with management’s expectations or that the effect of future developments on the Company will be those anticipated by management.


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.

         
    Hubbell Incorporated
          
June 4, 2009   By:   /s/ Richard W. Davies
       
        Name: Richard W. Davies
        Title: Vice President, General Counsel and Secretary


Exhibit Index


     
Exhibit No.   Description

 
99.1
  Press release announcing the election of Ms. Good and Mr. Rodriguez to the Board of Directors
EX-99.1 2 exhibit1.htm EX-99.1 EX-99.1

Date: June 4, 2009 NEWS RELEASE

         
For Release:   IMMEDIATELY  

Hubbell Incorporated
584 Derby-Milford Road

P. O. Box 549

Orange, CT 06477

203-799-4100

Contact: William R. Sperry

HUBBELL BOARD ELECTS TWO NEW DIRECTORS

ORANGE, CT. (June 4, 2009) – The Board of Directors of Hubbell Incorporated (NYSE:  HUBA, HUBB) today announced that Lynn J. Good and Carlos A. Rodriguez were elected as Directors of the Company. These additions to the Hubbell Board bring the total number of directors to eleven.

Ms. Good is currently Group Executive and President of Duke Energy Corporation’s (NYSE: DUK) Commercial Business. Headquartered in Charlotte, NC, Duke Energy is a leading electric power company that supplies power to approximately 3.9 million customers and generated revenues of $13 billion in 2008. Ms. Good’s responsibilities include Corporate Development and Duke’s non-regulated generation operations in the U.S. and Latin America. Previously, she was Chief Financial Officer at Cinergy Corporation (since acquired by Duke Power) and had been a partner at the auditing firms of Deloitte & Touche LLP and Arthur Andersen LLP. Ms. Good graduated with a B.S. in Accountancy and Systems Analysis from Miami University of Ohio.

Mr. Rodriguez is currently the Division President for Small Business Services and the Professional Employer Organization at Automatic Data Processing, Inc. (NYSE: ADP) in Roseland, NJ. ADP is one of the largest payroll, tax filing processors and business service providers in the world, serving more than 585,000 customers with 2008 sales of $8.8 billion. Mr. Rodriguez is managing the division that provides payroll services and human resourceoutsourcing for small businesses as well as retirement services and Professional Employer Organization services. He graduated from Harvard College with a B.A. in Government and earned an MBA at the Harvard Business School.

Hubbell’s Chairman, President and Chief Executive Officer, Mr. Timothy H. Powers, said “I am very pleased that Lynn and Carlos will be joining Hubbell. Their backgrounds will enrich the perspective of our Board of Directors and will add industry, geographic and functional expertise. We look forward to their contributions for many years to come”.

Hubbell Incorporated is an international manufacturer of quality electrical and electronic products for a broad range of non-residential and residential construction, industrial and utility applications. With 2008 revenues of $2.7 billion, Hubbell Incorporated operates manufacturing facilities in the United States, Canada, Switzerland, Puerto Rico, Mexico, the People’s Republic of China, Italy, the United Kingdom, Brazil and Australia. Hubbell also participates in joint ventures in Taiwan and the People’s Republic of China, and maintains sales offices in Singapore, the People’s Republic of China, Mexico, South Korea, and the Middle East. The corporate headquarters is located in Orange, CT.

# # # # #

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