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) March 7, 2008
(Exact Name of Registrant as Specified in Its Charter)
Ohio
(State or Other Jurisdiction of Incorporation)
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1-1000
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38-1054690 |
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(Commission File Number)
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(IRS Employer Identification No.) |
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2400 East Ganson Street, Jackson, Michigan
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49202 |
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(Address of Principal Executive Offices)
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(Zip Code) |
(Registrants Telephone Number, Including Area Code)
(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 (see General
Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
INTRODUCTORY NOTE
On March 10, 2008 Sparton Corporation issued a Press Release announcing the retirement of David W.
Hockenbrocht, President and Chief Executive Officer of the Company and appointment of Richard L.
Langley as interim President and Chief Executive Officer and Joseph S. Lerczak as interim Chief
Financial Officer.
ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF
CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
On March 10, 2008 Sparton Corporation, an Ohio Corporation (the Company) issued a Press Release
(Press Release) announcing the retirement of David W. Hockenbrocht and his resignation, effective
as of March 7, 2008, from all positions he held as an officer and director of the Company and its
subsidiaries, including as President, Chief Executive Officer and a director of the Company and the
appointment on March 7, 2008 of Richard L. Langley as interim President and Chief Executive Officer
and Joseph S. Lerczak as interim Chief Financial Officer.
Prior to his appointment as interim President and Chief Executive Officer, Richard L. Langley was
the Chief Financial Officer, Senior Vice President (or Vice
President), and Treasurer of the Company for seventeen
years. No familial relationship exists between Mr. Langley and any other executive officer or
director as described in 17 CFR 229.401(d). Since the beginning of the Companys last fiscal year,
Mr. Langley has not engaged in, or proposed to engage in any transaction as described in 17 CFR
404(a). Mr. Langley has been a director of the Company since 2001 and is not a director of any
other registered company.
Prior to his appointment as interim Chief Financial Officer, Joseph S. Lerczak was the Corporate
Controller of the Company for seven years and Secretary of the Company for six years. No familial
relationship exists between Mr. Lerczak and any other executive officer or director as described in
17 CFR 229.401(d). Since the beginning of the Companys last fiscal year, Mr. Lerczak has not
engaged in or proposed to engage in any transaction as described in 17 CFR 404(a). Mr. Lerczak is
not a director of the Company or any other registered company.
The foregoing description of the Press Release is qualified in its entirety by reference to the
Press Release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by
reference.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits
Exhibit 99.1 Press Release dated March 10, 2008 issued by Sparton Corporation.
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.
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SPARTON CORPORATION
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/s/ Richard L. Langley
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Richard L. Langley |
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Chief Executive Officer |
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March 10, 2008 |
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Index to Exhibits
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Exhibit No. |
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Description |
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Exhibit 99.1
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Press Release dated March 10, 2008 issued by Sparton Corporation. |