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: January 29, 2021
(Date of earliest event reported)
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction | (Commission File Number) | (IRS Employer | ||||||||||||
| of incorporation) | Identification No.) | |||||||||||||
(Address of principal executive offices, including zip code)
(847 ) 498-7070
(Registrant’s telephone number, including area code)
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)) | |||||
| Title of Each Class | Trading Symbol(s) | Name of Each Exchange on Which Registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
| Emerging growth company | ||||||||||||||||||||||||||
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ | ||||||||||||||||||||||||||
Item 5.02 – Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 29, 2021, the Board of Directors (the “Board”) of IDEX Corporation (the “Company”) appointed Lakecia N. Gunter to serve as a member of the Board and as a member of the Compensation Committee of the Board, increasing the size of the Board from 10 to 11 members. Ms. Gunter will participate in the compensation arrangements for non-employee members of the Board described in the Company’s Definitive Proxy Statement filed with the Securities and Exchange Commission on March 20, 2020.
Item 9.01 – Financial Statements and Exhibits.
(a)Exhibits
104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document)
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.
| IDEX CORPORATION | ||||||||
| By: | /s/ WILLIAM K. GROGAN | |||||||
| William K. Grogan | ||||||||
| Senior Vice President and Chief Financial Officer | ||||||||
| February 1, 2021 | ||||||||
EXHIBIT INDEX
| Exhibit Number | Description | ||||||||||
| 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document) | ||||||||||
Exhibit 99.1
IDEX Corporation Announces Appointment of Lakecia N. Gunter to Board of Directors
NORTHBROOK, IL (February 1, 2021) – IDEX Corporation (NYSE:IEX) today announced the appointment of Lakecia N. Gunter to the company’s Board of Directors. The appointment of Ms. Gunter, effective immediately, increases the size of the board from 10 to 11 directors. She will serve on the board’s Compensation Committee.
Gunter currently serves as Vice President and General Manager of IoT (Internet of Things) Global and Strategic Engagement at Microsoft Corporation. She will bring a new level of technology and digital innovation expertise to the IDEX board.
“As we continue navigating further digitalization of our product and service offerings, including the select strategic incorporation of IoT technology, we look forward to the experienced guidance Lakecia will provide,” IDEX Chief Executive Officer and President Eric D. Ashleman said. “Innovation is literally the first initial in our name and continuing on that path today increasingly involves the intersection of new digital technologies with our highly engineered industrial products.”
“Lakecia’s strong business acumen, leadership development skills, strategic insights and customer orientation will expand the breadth of our board’s expertise. She’s a welcome addition who I’m confident will help propel IDEX forward,” Ashleman said.
At Microsoft, Gunter is responsible for growing and scaling the company’s IoT business, from revenue growth to technical adoption and acceleration. Prior to joining Microsoft, she was Vice President of the Programmable Solutions Group and General Manager of Ecosystem Development and Operations at Intel Corporation. While at Intel, she served in several leadership roles, including Chief of Staff and Technical Assistant to the CEO.
“The perspectives Lakecia can bring about longer-term opportunities and challenges to IDEX businesses posed by technology-related trends will undoubtedly be a unique and valuable asset to our already experienced board,” said William M. Cook, Non-Executive Chairman of the Board.
Gunter earned her bachelor’s degree in computer engineering from the University of South Florida and her master’s degree in electrical engineering from the Georgia Institute of Technology. She currently serves on the Board of Trustees for the Oregon Museum of Science and Industry and for iUrban Teen, a STEM-Arts education program. In addition, she is a member of The Executive Leadership Council (ELC). Gunter was named one of the “26 Most Powerful Female Engineers” in 2016 by Business Insider and, in 2015, she received the Society of Women Engineers’ Prism Award for demonstrating outstanding technology and community leadership.
About IDEX
IDEX (NYSE: IEX) is a company that has undoubtedly touched your life in some way. In fact, IDEX businesses make thousands of products that are mission-critical components in everyday activities. Chances are the car you’re driving has a BAND-IT® clamp holding your side airbag safely in place. If you were ever in a car accident, a Hurst Jaws of Life® rescue tool may have saved your life. If you or a family member is battling cancer, your doctor may have tested your DNA in a quest to find the best targeted medicine for you. It’s likely your DNA test was run on equipment that contains components made by our growing IDEX Health & Science team. Founded in 1988 with three small, entrepreneurial manufacturing companies, we’re proud to say that we now call 40 diverse businesses around the world part of the IDEX family. With 7,000 employees and manufacturing operations in more than 20 countries, IDEX is a high-performing, global $2+ billion company committed to making trusted solutions that improve lives. IDEX shares are traded on the New York Stock Exchange under the symbol “IEX”.
For further information on IDEX Corporation and its business units, visit the company’s website at www.idexcorp.com.
Contact
IDEX Corporation
William K. Grogan
Senior Vice President and Chief Financial Officer
847-498-7070