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: August 25, 1997
(Date of Earliest
Event Reported)
VARLEN CORPORATION
(Exact Name of Registrant as Specified in its Charter)
Delaware 0-5374 13-2651100
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File No.) Identification No.)
55 Shuman Boulevard, P. O. Box 3089, Naperville, Illinois 60566-7089
(Address of Principal Executive Office) (Zip Code)
(630) 420-0400
(Registrant's Telephone Number
Including Area Code)
Items 1 through 4, 6, 8 and 9. Not applicable.
Item 5. Other Events
On August 25, 1997, the Registrant increased the size of its
board of directors from seven to eight persons and issued a press
release regarding the appointment of its President and Chief
Operating Officer to its board of directors.
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits
(c) Exhibits
(99) Press release, dated August 25, 1997,
regarding the appointment of the Registrant's
President and Chief Operating Officer to its board
of directors.
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.
Varlen Corporation
(Registrant)
August 28, 1997 By: /s/ Richard A. Nunemaker
Richard A. Nunemaker
Vice President, Finance and
Chief Financial Officer
(Principal Financial Officer
and Principal Accounting Officer)
For Further Information
Richard L. Wellek,
President and CEO, or
Richard A. Nunemaker,
Vice President, Finance, and CFO
(630) 420-0400
FOR IMMEDIATE RELEASE
MONDAY, AUGUST 25, 1997
VARLEN CORPORATION APPOINTS
JEAN AS DIRECTOR
NAPERVILLE, IL, August 25 -- Varlen Corporation (NASDAQ:VRLN), a
leader in transportation products and petroleum analyzers, today
appointed its President and Chief Operating Officer Raymond A.
Jean to the board of directors.
"Ray's appointment is a win-win situation for the board and for
him," explained Richard L. Wellek, chairman and chief executive
officer. "The board will benefit from Ray's great depth of
manufacturing experience, intimate knowledge of Varlen's
businesses, and his ability to think strategically. Ray will
benefit from increased participation in the full management of
Varlen."
Jean, 55, was promoted to president, in addition to his position
as chief operating officer, in May 1997. Prior to this, he had
been executive vice president and chief operating officer since
1993, with operating responsibilities for all Varlen's
subsidiaries. Jean joined Varlen in 1988, serving as group vice
president until his promotion in 1993. Before coming to Varlen,
Jean held a number of executive positions with Pneumo/Abex Corp.,
a subsidiary of IC Industries, where his latest position was as
group vice president, fluid power. Prior to this, Jean held
senior management positions with Evans Products Co.; Gulf &
Western, Inc.; and Allis-Chalmers Corp. He holds a bachelor's
degree in engineering physics from the University of Maine, and a
master's degree in business administration from the University of
Chicago.
Jean serves on the boards for Boston Advanced Technologies, Inc.,
and Lindberg Corporation. He is a member of the Society of
Manufacturing Engineering and the Economic Club of Chicago. Jean
and his wife Louise have three adult children and live in Lake
Forest, Illinois.
Varlen is a leading manufacturer of precision engineered
transportation products for the railroad, heavy-duty
truck/trailer and automotive industries, and petroleum analyzers.
The company, headquartered in a Chicago suburb, manufactures its
products in 24 facilities in the United States and Europe and
sells them to customers around the world. Varlen's common stock
is traded on Nasdaq's National Market under the symbol VRLN. Its
6-1/2 percent convertible debentures are traded on Nasdaq's
SmallCap Market under the symbol VRLNG.
