-----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, IPkgFy/aIbiP0TwYgxNlRaPAzAYwCg9TBXnsSmhMJiO5nJ9lShuZZoCVYzXCFRBl eBS/TZfSrsyLYiWtvmnQzw== 0001193125-08-014313.txt : 20080129 0001193125-08-014313.hdr.sgml : 20080129 20080129140508 ACCESSION NUMBER: 0001193125-08-014313 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20080124 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080129 DATE AS OF CHANGE: 20080129 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JACOBS ENGINEERING GROUP INC /DE/ CENTRAL INDEX KEY: 0000052988 STANDARD INDUSTRIAL CLASSIFICATION: HEAVY CONSTRUCTION OTHER THAN BUILDING CONST - CONTRACTORS [1600] IRS NUMBER: 954081636 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07463 FILM NUMBER: 08557238 BUSINESS ADDRESS: STREET 1: 1111 S ARROYO PARKWAY CITY: PASADENA STATE: CA ZIP: 91105-3063 BUSINESS PHONE: 6265783500 8-K 1 d8k.htm FORM 8-K Form 8-K

 

 

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): January 24, 2008

Jacobs Engineering Group Inc.

(Exact name of Registrant as specified in its charter)

 

Delaware   1-7463   95-4081636
(State of incorporation)   (SEC File No.)  

(IRS Employer identification

number)

 

1111 S. Arroyo Parkway, Pasadena, California   91105
(Address of principal executive offices)   (Zip code)

Registrant’s telephone number (including area code): (626) 578-3500

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the foiling obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ 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-12(c))

 

 

 


Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

Dr. Dale R. Laurance, who has served as a Director of Jacobs Engineering Group Inc. (the “Company”) since 1994, retired from the Company’s Board of Directors effective January 24, 2008. Dr. Laurance chose not to stand for re-election upon the expiration of his term at the Company’s 2008 Annual Meeting.

On January 24, 2008 the Board elected John F. Coyne as a director of the Company to fill the vacancy created by Dr. Laurance’s retirement. Mr. Coyne, who has been affirmatively determined by the Board to be an independent director under the independence standards of the New York Stock Exchange and the Company’s guidelines for determining independence, will also serve on the Board’s Human Resource and Compensation committee. Pursuant to the Company’s charter and bylaws, Mr. Coyne will stand for re-election at the Company’s 2009 Annual Meeting of Shareholders.

In connection with his election, and pursuant to the terms of the Company’s 1999 Outside Director Stock Plan (the “Plan”), Mr. Coyne will receive an option to purchase 4,000 shares of the Company’s common stock on February 1, 2008 with an exercise price equal to the fair market value of the Company’s common stock as of that date. Mr. Coyne will also receive the standard, annual compensation for the Company’s non-management directors. This annual compensation includes (i) a cash retainer in the amount of $60,000 per year, (ii) a fee of $1,500 for each meeting of the Board and any committee on which he serves that he attends, (iii) pursuant to the Plan, an award of 1,000 shares of restricted stock or restricted stock units, and (iv) pursuant to the Plan, an option to purchase 2,500 shares of the Company’s common stock on the first day of March (beginning March 1, 2008) with an exercise price equal to the fair market value of the Company’s common stock on that date.

There are no understandings or arrangements between Mr. Coyne and any other person pursuant to which Mr. Coyne was elected as a director. There are and have been no transactions regarding Mr. Coyne that are required to be disclosed by Item 404(a) of Regulation S-K.

 

Item 9.01 Financial Statements and Exhibits.

 

  (d) Exhibits:

The following exhibit is furnished as part of this Report pursuant to Item 5.02.

 

99.1    Press Release dated January 28, 2008 announcing the changes to the Company’s Board of Directors described in Item 5.02, above.

 

Page 2


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.

 

JACOBS ENGINEERING GROUP INC.
By:   /s/ John W. Prosser, Jr.
Name:   John W. Prosser, Jr.
Title:   Executive Vice President
  Finance and Administration

Date: January 29, 2008

 

Page 3


Exhibit Index

 

99.1    Press Release dated January 28, 2008
EX-99.1 2 dex991.htm PRESS RELEASE DATED JANUARY 28, 2008 Press Release dated January 28, 2008

Exhibit 99.1

LOGO

 

1111 South Arroyo Parkway 7084

  Press Release
P.O. Box 7084  
Pasadena, California 91105-7084 U.S.A.  
1.626.578.3500 Fax 1.626.578.6916  

FOR IMMEDIATE RELEASE

  January 28, 2008

For additional information contact:

John W. Prosser, Jr.

Executive Vice President, Finance and Administration

626.578.6803

Jacobs Elects John F. Coyne to its Board of Directors

PASADENA, CALIF.—Jacobs Engineering Group Inc. (NYSE-JEC) announced today the election of John F. Coyne to their Board of Directors. Jacobs also announced the retirement of Dr. Dale R. Laurance from the Board.

In announcing the changes, Jacobs Board Chairman Noel G. Watson said, “I am sorry to lose Dale as a board member. In his 14 years of Board service, he was a tower of strength. His leadership, advice, and counsel were invaluable. We will miss Dale’s involvement greatly.” Mr. Watson continued, “We are very pleased to announce that John Coyne, president and CEO of Western Digital Corporation, is joining our board. John brings a global perspective to our board, having lived and worked in several countries. An experienced executive in a fast-paced industry, John truly understands how to think globally and act locally with effectiveness.”

In addition to serving as president and chief executive officer of Western Digital (WD), Mr. Coyne is a member of its Board of Directors. He has been president since May 2006 and became CEO in January 2007. Mr. Coyne has dedicated the majority of his career to WD, serving the company in many capacities around the globe.

A native of Dublin, Ireland, Mr. Coyne received his bachelor’s degree in mechanical engineering from University College Dublin in 1971.

Jacobs, with about 54,000 employees and $9 billion in revenues, provides technical, professional, and construction services globally.

Any statements made in this release that are not based on historical fact are forward-looking statements. Although such statements are based on management’s current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain. We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our 2007 Form 10-K, and in particular the discussions contained under Items 1—Business, 1A—Risk Factors, 3—Legal Proceedings, and 7—Management’s Discussion and Analysis of Financial Condition and Results of Operations. We also caution the readers of this release that we do not undertake to update any forward-looking statements made herein.

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