-----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, PjPX53i8J6dRdJi4K0OmUkhUvkzZHIxdseUbcGjoj4tYv/XvntgKj+UrWfKkwJ+f 7xF6TIP8DJhtjOUhzPsaDw== 0000950124-04-000963.txt : 20040316 0000950124-04-000963.hdr.sgml : 20040316 20040316083404 ACCESSION NUMBER: 0000950124-04-000963 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040315 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040316 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: 04671179 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 k83805e8vk.txt CURRENT REPORT, DATED MARCH 15, 2004 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 15, 2004 TECUMSEH PRODUCTS COMPANY (Exact name of registrant as specified in its charter) Michigan 0-452 38-1093240 (State or other jurisdiction (Commission File No.) (IRS Employer of corporation) Identification No.) 100 East Patterson Street, Tecumseh, Michigan 49286 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (517) 423-8411 (Former name or former address, if changed since last report) ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE The registrant's press release dated March 15, 2004, regarding the resignation of its Vice President, Treasurer, Chief Financial Officer, and director, David W. Kay, and the appointment of James S. Nicholson as Interim Treasurer and Chief Financial Officer is attached hereto as Exhibit 99.1. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (c) Exhibits: Exhibit No. Description ----------- ----------- 99.1 Press release dated March 15, 2004 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 thereunto duly authorized. TECUMSEH PRODUCTS COMPANY Date: March 15, 2004 By /s/ Todd W. Herrick --------------------------------- Todd W. Herrick President and Chief Executive Officer EXHIBIT INDEX Exhibit No. Description ----------- ----------- 99.1 Press release dated March 15, 2004 EX-99.1 3 k83805exv99w1.txt PRESS RELEASE DATED MARCH 15, 2004 MARCH 15, 2004 EXHIBIT 99.1 TECUMSEH PRODUCTS COMPANY ANNOUNCES MANAGEMENT CHANGES FOR IMMEDIATE RELEASE TECUMSEH, MICHIGAN -- MARCH 15, 2004 --Todd W. Herrick, President and Chief Executive Officer of Tecumseh Products Company (Nasdaq: TECUA and TECUB) announced today that David W. Kay has resigned as Vice President, Treasurer, and Chief Financial Officer and from the Company's board of directors effective immediately in order to pursue other business opportunities. James S. Nicholson, currently Corporate Controller of the Company, will assume the additional positions of Treasurer and Chief Financial Officer on an interim basis. Kay joined the Company in November 1999 as the Corporate Controller and has served as Vice President, Treasurer, and Chief Financial Officer since September 2001. Kay also became a member of the board of directors in October 2001. Nicholson, 42, has been with the Company as its Corporate Controller since February 2002. He holds both a Bachelor of Business Administration and Masters of Accounting from the University of Michigan. Prior to joining the Company he was a partner at the professional services firm of PricewaterhouseCoopers, where he served as leader of a business process and performance improvement unit in the Midwest. He is a Certified Public Accountant. Todd Herrick thanked Mr. Kay for his contributions to the Company over the last four years. "Dave has been a key member of our senior management team and was instrumental in completing our acquisition of FASCO." Commenting further, Herrick said, "Jim Nicholson's appointment as interim Chief Financial Officer is a natural progression of his career with the Company. He has the experience and acumen to provide the Company with excellent leadership in this time of intense global competition and heightened regulation. His permanent appointment to this position will be addressed by the Board in due course." 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. Contact: Pat Walsh (517) 423-8455 Tecumseh Products Company -----END PRIVACY-ENHANCED MESSAGE-----