<PAGE>
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
JANUARY 4, 2000
(Date of Report)
JANUARY 4, 2000
(Date of earliest event reported)
POLAROID CORPORATION
(Exact name of registrant as specified in its charter)
DELAWARE
(State or other jurisdiction of incorporation)
1-4085
(Commission File Number)
04-1734655
(IRS Employer Identification No.)
784 MEMORIAL DRIVE, CAMBRIDGE, MASSACHUSETTS 02139
(Address of principal executive offices) (Zip Code)
(781) 386-2000
(Registrant's telephone number, including area code)
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Item 5. Other Events.
On January 4, 2000, Polaroid Corporation issued a press release announcing
the appointment of two new members to its Board of Directors. A copy of the
press release is attached as exhibit 99 and incorporated herein by reference.
Item 7. (c) Exhibits
Exhibit 99.1 Polaroid Press Release dated January 4, 2000.
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 hereunto duly authorized.
POLAROID CORPORATION
By /s/ RALPH NORWOOD
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Name: Ralph Norwood
Title: Vice President, Treasurer
Dated: January 4, 2000
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Exhibit 99.1
MEDIA CONTACT: INVESTOR CONTACT:
Skip Colcord Phil Ruddick
(781) 386-6624 (781) 386-6638
[email protected] [email protected]
TWO NEW MEMBERS JOIN POLAROID CORPORATION BOARD OF DIRECTORS
-COMPANY CONTINUES LONG TRADITION OF EMPLOYEE MEMBERSHIP-
CAMBRIDGE, Mass. - Alfred Poe, a former senior executive at the
Campbell Soup Company and Mars, Inc., and Stephen A. Bernazzani, production
engineer at Polaroid's film manufacturing facility in Waltham, joined the board
of directors of Polaroid Corporation (NYSE: PRD) on January 1, 2000. Bernazzani
assumes the role of non-officer employee board member.
Poe, 50, who most recently served as chief executive officer of
Menudirect, Piscataway, N.J., is currently pursuing startups in the food and
food-related industries. In addition to Campbell and Mars, he previously held
senior management positions at General Foods and New York Telephone. A member of
the State Street Boston Corporation's board of directors, Poe is a 1971 graduate
of the Polytechnic Institute of Brooklyn and earned his MBA at the Harvard
Business School in 1975.
Bernazzani, 49, has 30 years of experience at Polaroid and has worked
in a series of progressively responsible positions at the company starting in
1969 as an assembly machine operator. He replaces Ronald F. Olsen, who joined
the Polaroid board in 1996. Bernazzani earned his ASEE in 1990 at Northeastern
University in Boston.
"Al and Steve bring a wealth of experience and a broad range of
perspectives to the Polaroid board of directors. We welcome them and look
forward to their contributions," says Gary T. DiCamillo, chairman and chief
executive officer of Polaroid Corporation.
Polaroid Corporation, with annual sales of approximately $2 billion, is
the worldwide leader in instant imaging. Polaroid supplies instant photographic
cameras and films; digital imaging hardware, software and media; secure
identification systems; sunglasses and polarizers to markets worldwide.
Polaroid is a registered trademark of Polaroid Corporation, Cambridge, Mass.,
USA.
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