-----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, BCRwAbHgrh+r2XtoBU99V8nasQtX422ottVMULJH/h1+20ErXoz6yGqJGfcP0QMs yHhErthcQlItQ+UIs7COYg== 0000950124-03-000468.txt : 20030228 0000950124-03-000468.hdr.sgml : 20030228 20030228153927 ACCESSION NUMBER: 0000950124-03-000468 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030227 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TECUMSEH PRODUCTS CO CENTRAL INDEX KEY: 0000096831 STANDARD INDUSTRIAL CLASSIFICATION: AIR COND & WARM AIR HEATING EQUIP & COMM & INDL REFRIG EQUIP [3585] IRS NUMBER: 381093240 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-00452 FILM NUMBER: 03586645 BUSINESS ADDRESS: STREET 1: 100 E PATTERSON ST CITY: TECUMSEH STATE: MI ZIP: 49286 BUSINESS PHONE: 5174238411 MAIL ADDRESS: STREET 1: 100 EAST PATTERSON STREET CITY: TECUMSEH STATE: MI ZIP: 49286 8-K 1 k75139e8vk.txt CURRENT REPORT DATED FEBRUARY 27, 2003 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): FEBRUARY 27, 2003 TECUMSEH PRODUCTS COMPANY (Exact name of registrant as specified in its charter) MICHIGAN (State or other jurisdiction of incorporation or organization) 0-452 38-1093240 (Commission File Number) (IRS Employer Identification Number) 100 EAST PATTERSON STREET TECUMSEH, MICHIGAN 49286 (Address of principal executive offices, including zip code) Registrant's telephone number, including area code: (517) 423-8411 NOT APPLICABLE (Former name or former address, if changed since last report) ITEM 5. OTHER EVENTS. The registrant's press release dated February 27, 2003, regarding the retirement of the Chairman of the Board of Directors, Kenneth G. Herrick, and appointment of Todd W. Herrick as the new Chairman is attached as Exhibit 99. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (c) The following exhibit is filed as a part of this report: Exhibit No. Description 99 Press release dated February 27, 2003 SIGNATURES Pursuant to the requirements of the Securities Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Date: February 28, 2003 TECUMSEH PRODUCTS COMPANY By: /s/ DAVID W. KAY ------------------------------------ David W. Kay Vice President, Treasurer and Chief Financial Officer EXHIBIT INDEX EXHIBIT NO. DESCRIPTION EX-99 Press release dated February 27, 2003 EX-99 3 k75139exv99.txt PRESS RELEASE DATED FEBRUARY 27, 2003 February 27, 2003 Exhibit 99 TECUMSEH PRODUCTS COMPANY (NASDAQ: TECUA and TECUB) TECUMSEH PRODUCTS COMPANY ANNOUNCES RETIREMENT OF CHAIRMAN OF THE BOARD KENNETH G. HERRICK Tecumseh, Michigan, February 27, 2003 . . . . Tecumseh Products Company today announced that Kenneth G. Herrick has retired as a director and the Chairman of the Board. The Board appointed Mr. Herrick's son, Todd W. Herrick, President and Chief Executive Officer, to succeed his father as Chairman of Board. The Board also gave the newly retired Mr. Herrick the honorary designation of Chairman Emeritus. "On behalf of the Board of Directors, I would like to take this opportunity to thank Ken Herrick for his dedication and service to Tecumseh Products," commented Mr. J. Russell Fowler. "The Board of Directors is confident that our senior management team will continue to successfully manage the business of the Company while implementing our current business strategies." Tecumseh Products Company is a full-line independent global manufacturer of hermetic compressors for residential and commercial refrigerators, freezers, water coolers, dehumidifiers, window air conditioning units and residential and commercial central system air conditioners and heat pumps; gasoline engines and power train for lawn mowers, lawn and garden tractors, garden tillers, string trimmers, snow throwers, industrial and agricultural applications and recreational vehicles; electric motors and components, including AC and DC motors, blowers, gear motors and linear actuators for a wide variety of industrial and consumer applications across a broad range of industries; and centrifugal pumps, sump pumps and small submersible pumps for industrial, commercial, marine and agricultural applications. Our products are sold in over 100 countries around the world. Worldwide sales for the year ended December 31, 2001 were approximately $1.4 billion. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to the safe harbor provisions created by that Act. Forward-looking statements can be identified by the use of terms such as "expects," "should," "may," "believes," "anticipates," "will," and other future tense and forward-looking terminology. Readers are cautioned that actual results may differ materially from those projected as a result of certain risks and uncertainties. For a description of these risks and uncertainties, refer to "Cautionary Statements Relating to Forward Looking Statements" in the Management's Discussion and Analysis section of Tecumseh Products Company's Annual Report to Shareholders and Form 10-K for the year ended December 31, 2001, and each quarter's 10-Q. Contact: Pat Walsh Director of Investor Relations Tecumseh Products Company (517) 423-8455 Website: www.tecumseh.com -----END PRIVACY-ENHANCED MESSAGE-----