-----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, I1qWrTZKThnh6/IVJ9rP9SOuCcmxFt59HDscO5mS1cQ4eod3HE9AiXg/XjJBXX2j EsJCQpgweiZYRXlSFxnK0w== 0000052466-04-000023.txt : 20040319 0000052466-04-000023.hdr.sgml : 20040319 20040319140203 ACCESSION NUMBER: 0000052466-04-000023 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040319 ITEM INFORMATION: Other events FILED AS OF DATE: 20040319 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IONICS INC CENTRAL INDEX KEY: 0000052466 STANDARD INDUSTRIAL CLASSIFICATION: SPECIAL INDUSTRY MACHINERY, NEC [3559] IRS NUMBER: 042068530 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07211 FILM NUMBER: 04679635 BUSINESS ADDRESS: STREET 1: 65 GROVE ST CITY: WATERTOWN STATE: MA ZIP: 02172 BUSINESS PHONE: 6179262500 8-K 1 form8kannouncement.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 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) March 19, 2004 IONICS, INCORPORATED (Exact name of registrant as specified in its charter)
Massachusetts 1-7211 04-2068530 (State of incorporation) (Commission File No.) (IRS Employer Identification No.) ------------------------ --------------------- --------------------------------- 65 Grove Street, Watertown, Massachusetts 02472 (617) 926-2500 (Address of principal executive offices) (Zip Code) (Registrant's telephone number, including area code)
Item 5. Other Events and Required FD Disclosure - ------- --------------------------------------- On March 19, 2004, Ionics, Incorporated issued a Press Release announcing (i) the departure of William J. McMahon, Vice President, Ultrapure Water Group; and (ii) the appointment of Lester B. Devitt as Vice President, Sales and Marketing for the Water Systems Division. Item. 7. Financial Statements and Exhibits - -------- --------------------------------- Exhibit Number Description -------------- ----------- 99 Press Release dated March 19, 2004 announcing (i) the departure of William J. McMahon, Vice President, Ultrapure Water Group; and (ii) the appointment of Lester B. Devitt as Vice President, Sales and Marketing for the Water Systems Division. 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 duly authorized. IONICS, INCORPORATED March 19, 2004 By: /s/Stephen Korn --------------- Name: Stephen Korn Title: Vice President and General Counsel EXHIBIT INDEX
Number Description Page Number 99 Press Release dated March 19, 2004 announcing (i) the departure 4 of William J. McMahon, Vice President, Ultrapure Water Group; and (ii) the appointment of Lester B. Devitt as Vice President, Sales and Marketing for the Water Systems Division.
EXHIBIT 99 Ionics, Incorporated Announces Restructuring-Related Personnel Changes Watertown, MA, March 19, 2004 . . . Ionics, Incorporated (NYSE-ION) announced today several personnel developments related to its ongoing restructuring program. William J. McMahon, the Company's Vice President, Ultrapure Water Group since November 2000, will be leaving the Company as a result of the elimination of that position. As disclosed in the Company's recent Form 10-K filing, the Company is combining its Equipment Business Group, its Ultrapure Water Group and its recently acquired Ecolochem Group, to form the new Water Systems Division. The Water Systems Division is headed by Lyman B. Dickerson, President of Ecolochem, Inc., who now holds the title of Vice President, Water Systems Division. The Company also announced the appointment of Lester B. Devitt as Vice President, Sales and Marketing for the Water Systems Division, with responsibility for all sales and marketing efforts for that Division in North and South America. Mr. Devitt, who was trained as an engineer, has an extensive background in sales management and program development, most recently at BEA Systems and for over twelve years at Silicon Graphics, Inc. Earlier in his career, Mr. Devitt worked as a sales engineer involved in the sale of equipment to customers in the power and process industries, including the Company. Douglas R. Brown, Ionics' President and Chief Executive Officer, commenting on these personnel changes, noted, "We all wish Bill McMahon well in his future endeavors. He served Ionics well as an effective leader of the Ultrapure Water Group, and we appreciate the role he played in helping us restructure Ionics. We also would like to welcome Les Devitt to our Water Systems Division. I am confident that his demonstrated skills and ability in the sales and marketing arena will prove valuable to the growth of our Company." About Ionics, Inc. Ionics is a global leader in water purification and wastewater treatment. The Company has over 50 years of experience in the design, installation, operation and maintenance of water and wastewater treatment systems and is a leading provider of emergency and long-term water treatment services. More membrane-based desalination systems have been designed and built by Ionics than any other supplier worldwide. Ionics is also a leader in supplying zero-liquid-discharge systems, in providing ultrapure water systems for the power and microelectronics industries, and in the measurement and analysis of water impurities. The Company also supplies Point-of-Use and Point-of-Entry water treatment systems for commercial and residential applications. For more information, visit www.ionics.com. Safe-harbor statement under the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this news release involve risk and uncertainty. The statements contained in this release which are not historical facts are forward-looking statements. Important factors, including risks associated with the Company's recently announced restructuring program; risks associated with the integration of the operations of the Ecolochem group with those of the Company; overall economic conditions, demand for Company products, raw material availability, availability of manufacturing capacity, technological and product development risks, competitors' actions, and other factors described in the Company's filings with the Securities and Exchange Commission could cause actual results to differ materially. # # # # # For more information, contact: John F. Curtis Vice President, Strategy and Operations, Treasurer Ionics, Incorporated Tel: (617) 673-4403 jcurtis@ionics.com -----END PRIVACY-ENHANCED MESSAGE-----