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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 (Date of Earliest Event Reported) APRIL 27, 1999
EG&G, INC.
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(Exact name of registrant as specified in its charter)
MASSACHUSETTS 1-5075 04-2052042
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(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification No.)
incorporation)
45 WILLIAM STREET, WELLESLEY, MASSACHUSETTS 02481
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(Address of principal executive offices) (Zip Code)
(781) 237-5100
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(Registrant's telephone number, including area code)
NOT APPLICABLE
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(Former name or former address, if changed since last report)
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Item 5. Other Events
On April 27, 1999, the Company's Board of Directors elected President and CEO
Gregory L. Summe to the position of Chairman, succeeding John M. Kucharski, who
has retired. (See press release attached hereto as Exhibit 99.)
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.
EG&G, Inc.
By /s/ Murray Gross
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Murray Gross
Senior Vice President,
General Counsel and Clerk
Date: MAY 6, 1999
Item 7. Exhibit Index
Exhibit 99 -- Press Release dated April 27, 1999
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PRESS RELEASE
SUMME SUCCEEDS KUCHARSKI AS CHAIRMAN OF EG&G, INC.
APRIL 27, 1999
WELLESLEY, MASSACHUSETTS...The EG&G, Inc. Board of Directors today elected
President and CEO Gregory L. Summe to the position of chairman, succeeding John
M. Kucharski, who has retired.
Kucharski, 63, who announced his retirement plans in February 1998, had been
chairman since 1987 and had been associated with EG&G for 27 years.
Summe, 42, has served as CEO since January 1, 1999 after having joined the
Company in February 1998 as president, chief operating officer and director.
Summe will continue as chairman, president and CEO.
Summe noted: "I am excited about continuing to lead EG&G efforts to create
value for shareholders, drive innovation for our customers and provide growth
opportunities for our employees. We are committed to building a world-class
operating organization and building our portfolio around high-growth life
sciences, optoelectronics, instruments and aerospace businesses. We have
achieved six consecutive quarters of double digit earnings growth and are
committed to continuing that pace."
Prior to joining EG&G, Summe was president of AlliedSignal's Automotive Products
Group as well as its Aerospace Engines and its General Aviation Avionics
divisions. Earlier, he was the general manager of commercial motors at General
Electric and a partner at McKinsey & Co., Inc. He started his career as a
semiconductor design engineer at Mostek. Summe holds B.S. and M.S. degrees in
electrical engineering from the University of Kentucky and the University of
Cincinnati, and an M.B.A. from the Wharton School at the University of
Pennsylvania.
Currently, EG&G's products include medical diagnostics equipment and reagents,
analytical instruments, micromachined sensors, specialty lighting, X-ray
security systems and sealing components. EG&G's new amorphous silicon digital
X-ray technology displays and transmits images in real time for high-end medical
applications, such as mammography. Recently, the Company has made several
acquisitions to build critical mass in its high-growth businesses. For instance,
in 1998, EG&G acquired Lumen Technologics, a worldwide manufacturer of specialty
lighting, for $250 million. Earlier this year, EG&G announced plans to acquire
Perkin-Elmer Analytical Instruments for $425 million.
EG&G, Inc. is a global technology company based in Wellesley, Massachusetts,
that provides products and systems to medical, telecom, aerospace,
semiconductor, photographic and other industries. It delivers skilled support
services to government and industrial customers.
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For further information contact:
Martin A. Reynolds, EG&G, Inc.
Tel: (781) 431-4282
