-----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, FAgZRMT/fjcMTMfRWHpQb8FuTnk57bITRCTGf09b2nkzsU5ehi3uAIwvXkaGfXlF WsUkLSXQPHkt/GhVr3wiow== 0001140361-10-014063.txt : 20100330 0001140361-10-014063.hdr.sgml : 20100330 20100330125151 ACCESSION NUMBER: 0001140361-10-014063 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20100330 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: 20100330 DATE AS OF CHANGE: 20100330 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Dorman Products, Inc. CENTRAL INDEX KEY: 0000868780 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] IRS NUMBER: 232078856 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-18914 FILM NUMBER: 10712966 BUSINESS ADDRESS: STREET 1: 3400 E WALNUT ST CITY: COLMAR STATE: PA ZIP: 18915 BUSINESS PHONE: 2159971800 MAIL ADDRESS: STREET 1: 3400 E WALNUT ST CITY: COLMAR STATE: PA ZIP: 18915 FORMER COMPANY: FORMER CONFORMED NAME: R & B INC DATE OF NAME CHANGE: 19930328 8-K 1 form8k.htm DORMAN PRODUCTS INC 8-K 3-30-2010 form8k.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 (Date of Earliest Event Reported):  March 30, 2010

Dorman Products, Inc.
(Exact name of Registrant as Specified in Charter)


Pennsylvania
 
000-18914
 
23-2078856
(State or Other Jurisdiction of Incorporation)
 
(Commission File Number)
 
(IRS Employer Identification No.)

3400 East Walnut Street, Comar, Pennsylvania 18915
(Address of Principal Executive Offices)


Registrant’s telephone number, including area code:  (215) 997-1800

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 March 30, 2010, Dorman Products, Inc. (the “Company”) issued a press release announcing that the Board of Directors (the “Board”) has increased the size of the Board to seven members and has appointed Richard T. Riley to fill the new board seat effective immediately.  Mr. Riley has been appointed to a term expiring at the Company’s 2010 Annual Meeting of Shareholders and will be eligible for re-election by the Company’s shareholders at that time.  Mr. Riley will serve on the Board’s Audit Committee, Compensation Committee, and Corporate Governance and Nominating Committee.  A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.

Mr. Riley serves as Executive Chairman of LoJack Corp where he previously served as the Chairman and Chief Executive Officer from November 2006 until December 2008 and as its President and Chief Operating Officer from February 2005 until November 2006. Mr. Riley has served as a director of the LoJack Corp since February 2005. He also serves as a member of the Board of Directors of VistaPrint USA Incorporated, a publicly held printing and graphic arts business, and Micro-Coax, Inc., a privately held manufacturer of microwave and cable products.

The Board has determined that Mr. Riley is an “independent director” under the rules of the NASDAQ Stock Market.  As compensation for his Board service, Mr. Riley will receive an annual retainer of $37,500 plus $1,500 for each Board of Directors meeting attended and $1,000 for each Committee meeting attended.

Mr. Riley has no arrangement or understanding with any persons pursuant to which he was appointed to serve as a director, except as described herein.  Mr. Riley does not have any family relationship with any officer or director of the Company.  Further, Mr. Riley has not been involved in any related transactions or relationships with the Company as defined in Item 404(a) of Regulation S-K.

In the same press release, the Company also announced that George L. Bernstein will not stand for re-election to its Board of Directors at the 2010 Annual Meeting of Shareholders.

Item 9.01   Financial Statements and Exhibits.

Exhibit Number
Description
 
 
99.1
Press Release dated March 30, 2010

 
 

 

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.

 
DORMAN PRODUCTS, INC.
 
       
       
Date:  March 30, 2010
By:
/s/ Mathias J. Barton
 
 
Name:
Mathias J. Barton
 
 
Title:
Chief Financial Officer
 

 
 

 

Exhibit Index

Exhibit Number
Description
 
 
Press Release dated March 30, 2010
 
 

EX-99.1 2 ex99_1.htm EXHIBIT 99.1 ex99_1.htm

Exhibit 99.1

NEWS RELEASE

Logo

 
Corporate Headquarters:
 
Dorman Products, Inc.
 
3400 East Walnut Street
 
Colmar, Pennsylvania 18915
 
Fax: (215) 997-8577
   
For Further Information Contact:
Visit our Home Page:
Mathias J. Barton, CFO
www.dormanproducts.com
(215) 997-1800 x 5132
 
E-mail: MBarton@dormanproducts.com
 
 
 
Dorman Products, Inc. Announces that Richard T. Riley has been elected to the Board and George L. Bernstein Will Not Stand for Re-Election to the Board.

Colmar, Pennsylvania (March 30, 2010) – Dorman Products, Inc. (NASDAQ:DORM) (the “Company”) today announced that:

Richard T. Riley has been elected to the Company’s Board of Directors and will serve on the Board’s Audit Committee, Compensation Committee, and Corporate Governance and Nominating Committee.  Mr. Riley will retire on May 20, 2010 as Chairman of the Board of Directors of LoJack Corporation (NASDAQ: LOJN) where he also served as Chief Executive Officer from November 2006 through December 2008 and as President and Chief Operating Officer from February 2005 through November 2006.  Mr. Riley will remain a member of LoJack’s Board of Directors.

Prior to joining LoJack, Mr. Riley was Chief Executive Officer,  President, and Chief Operating Officer of New England Business Service, Inc., then a public company listed on the New York Stock Exchange.  Mr. Riley has extensive executive experience leading large public companies and privately-held businesses in a wide variety of industries.  Mr. Riley holds a Bachelor in Business Administration degree in Accounting from the University of Notre Dame.

Mr. Riley has been elected to a term expiring at Dorman’s 2010 annual shareholders meeting and will be eligible for re-election by Dorman’s shareholders at that time.

Mr. Richard Berman said, “We are pleased to welcome Rich to our Board of Directors.  Rich brings considerable financial and marketing expertise to our Board and has a proven track record of developing and implementing strategic programs for long term growth.”

The Company also announced that George L. Bernstein will not stand for re-election to its Board of Directors at the 2010 Annual Meeting of Shareholders in order to devote more time to other business and personal interests.  Mr. Bernstein has served as director since 1991 and currently chairs the Audit Committee and serves on both the Compensation Committee and Corporate Governance and Nominating Committee.
 
“On behalf of our entire Board, I would like to thank George for his many years of service and invaluable contributions to our Company and Board,” said Richard Berman, Dorman’s Chief Executive Officer and Chairman of the Board of Directors.  “George has been a dedicated member of the Board and we have benefited from his expertise and leadership.”
 
Dorman Products, Inc. is a leading supplier of OE Dealer "Exclusive" automotive replacement parts, automotive hardware, brake products, and household hardware to the Automotive Aftermarket and Mass Merchandise markets. Dorman products are marketed under the OE Solutions(TM), HELP!(R), AutoGrade(TM), First Stop(TM), Conduct-Tite(R), Symmetry(R) and Scan-Tech(R) brand names.

Forward looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Readers are cautioned not to place undue reliance on these forward looking statements which speak only as of the date hereof. Factors that could cause actual results to differ materially include, but are not limited to, those factors discussed in the Company's 2009 Annual Report on Form 10-K under "Item 1A - Risk Factors."
 
 

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