-----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, BRWi8xqs9LImSnUGclJ8zKSZnBUlX5URT+1Uj7vRxWDSFO/dwdoZw49AL8/pjCxV lAnNfsH3++Ci8KiwQvzsGA== 0000081371-95-000049.txt : 19951106 0000081371-95-000049.hdr.sgml : 19951106 ACCESSION NUMBER: 0000081371-95-000049 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19951023 ITEM INFORMATION: Other events FILED AS OF DATE: 19951103 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: QUAKER OATS CO CENTRAL INDEX KEY: 0000081371 STANDARD INDUSTRIAL CLASSIFICATION: FOOD & KINDRED PRODUCTS [2000] IRS NUMBER: 361655315 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-00012 FILM NUMBER: 95586983 BUSINESS ADDRESS: STREET 1: QUAKER TOWER STREET 2: PO BOX 049001 CITY: CHICAGO STATE: IL ZIP: 60604-9001 BUSINESS PHONE: 3122228503 8-K 1 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) October 23, 1995 THE QUAKER OATS COMPANY New Jersey 1-12 36-1655315 (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) 321 North Clark Street, Chicago, Illinois 60610 (address of principal executive offices) Registrant's telephone number, including area code 312-222-7111 (Former name or former address, if changed since last report.) Item 5. Other Events PHILIP A. MARINEAU RESIGNS AS QUAKER OATS PRESIDENT AND COO Philip A. Marineau resigned as President and Chief Operating Officer of the Quaker Oats Company on October 23, 1995. The Chairman and Chief Executive Officer, William D. Smithburg, has assumed the operating management of the entire business portfolio. LAWSUIT AGAINST BORDEN, INC. On November 1, 1995, the Company filed suit against Borden, Inc. in Federal District Court in New York, alleging that Borden made material misrepresentations and committed fraud in connection with Quaker's 1994 $100 million acquisition of Adria, a Brazilian pasta business. The Company seeks to rescind the transaction and collect damages. SIGNATURE 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 QUAKER OATS COMPANY By /s/ Thomas L. Gettings Thomas L. Gettings Vice President and Corporate Controller Date: November 3, 1995 EXHIBIT INDEX Exhibit Exhibit Paper (P) or Number Description Electronic (E) (1) Press Release dated October 23, 1995 (E) News Release (LOGO OF QUAKER OATS The Quaker Oats Company COMPANY APPEARS HERE) Further Information Quaker Tower Ronald G. Bottrell P.O. Box 9001 Quaker Oats Chicago, IL 60604-9001 (312) 222-7388 MARINEAU RESIGNS AS QUAKER OATS PRESIDENT AND COO For Immediate Release CHICAGO, IL., October 23, 1995 -- The Quaker Oats Company (NYSE: OAT) announced today that Philip A. Marineau has resigned as President and Chief Operating Officer and as a member of Quaker's Board of Directors. With Marineau's departure, Chairman and Chief Executive Officer William D. Smithburg will assume the duties Marineau had been performing, and those operating units which reported to Marineau will now report to Smithburg. "As we have restructured our business portfolio for growth over the past year, we have also reconfigured our management structure to remove layers, shorten lines of decision making and bring senior level focus to bear upon major challenges," Smithburg said. "Our entire portfolio, including the important Snapple acquisition, will receive my full attention. "Over the course of his career, Phil Marineau has made major contributions to the success of Quaker. He has been a valued member of our senior team, and I will miss him as a colleague and friend. We wish him well in his future endeavors," Smithburg said. Marineau, 49, joined Quaker in 1972 and was named President and Chief Operating Officer in 1993. He has been a director since 1990. -----END PRIVACY-ENHANCED MESSAGE-----