UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
January 19, 1999
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Date of Report
(Date of earliest event
reported)
ESTERLINE TECHNOLOGIES CORPORATION
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(Exact Name of Registrant as Specified in Charter)
Delaware 001-06357 13-2595091
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(State or Other Jurisdiction (Commission File No.) (IRS Employer
of Incorporation) Identification No.)
10800 NE 8th Street, Bellevue, Washington 98004
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(Address of principal executive offices, including Zip Code)
(425) 453-9400
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(Registrant's telephone number, including area code)
Item 5. Other Events
On January 19, 1999, Esterline Technologies announced that
Wendell P. Hurlbut retired as Chief Executive Officer, but he will
remain as Chairman of the Board. Robert W. Cremin, the President and
Chief Operating Officer, has been elected Chief Executive Officer and
will also retain his title as President.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits
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99.1 Press Release issued by the Registrant on
January 19, 1999.
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.
Esterline Technologies Corporation
(Registrant)
Dated: January 19, 1999 By /s/ Robert W. Stevenson
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Robert W. Stevenson
Executive Vice President,
Chief Financial Officer and Secretary
(Principal Financial Officer)
By /s/ Robert D. George
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Robert D. George
Treasurer and Controller
(Principal Accounting Officer)
EXHIBIT INDEX
Exhibit Number Description
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99.1 Press Release issued by the Registrant on
January 19, 1999.
Exhibit 99.1
FOR IMMEDIATE RELEASE
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Contact: Brian D. Keogh
425-453-9400
ESTERLINE TECHNOLOGIES PROMOTES
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ROBERT W. CREMIN TO CHIEF EXECUTIVE OFFICER
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BELLEVUE, Wash., Jan. 19, 1999--Esterline Technologies (NYSE: ESL), a
leading specialty manufacturing company focusing on the aerospace, automated
equipment and instrumentation industries, today announced that
Robert W. Cremin, 58, has been named chief executive officer, effective
immediately. Cremin, now president and CEO, was elected to the company's
board in December 1998 and has spent the last 22 years in executive
positions at Esterline and its predecessor organizations. Cremin succeeds
Wendell P. Hurlbut, 67, who will continue to serve as chairman of
Esterline's board of directors.
"Bob Cremin has made significant contributions to Esterline's success
over the years," said Hurlbut. "Under his stewardship, I am confident that
Esterline will continue to explore strategic growth opportunities, both
externally and internally."
During his tenure with Esterline, Cremin has held a number of key
management positions including chief operating officer since 1996 and
president since 1997. In addition, in the last 22 years, Cremin has held
direct operating responsibility for virtually every Esterline operating unit
at one time or another. Prior to joining Esterline's current management team
in 1976, Cremin spent 14 years in manufacturing and marketing positions with
Omark Industries and General Electric. Cremin holds an MBA degree from
Harvard University Graduate School of Business and a B.S. degree in
metallurgical engineering from Polytechnic Institute of Brooklyn.
Esterline is a leading manufacturer of engineered products for the
commercial aircraft, aerospace and defense industries; automated equipment
for the production of printed circuit boards and metal fabrication; and
instrumentation for quality and process control.
