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):
June 28, 1995
SPX CORPORATION
(Exact name of registrant as specified in charter)
DELAWARE 001-6948 38-1016340
(State of other (Commission (I.R.S. Employer
Jurisdiction of File Number) Identification
Incorporation) Number)
700 Terrace Point Drive, Muskegon, Michigan 49443-3301
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(616) 724-5000
Item 5. Other Events.
On June 28, 1995, the Company announced the resignation of its Chief
Executive Officer and the election, on an interim basis, of a new Chief
Executive Officer. Details are provided in the attached press release.
SIGNATURES
Pursuant to the requirement of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the under-
signed hereunto duly authorized.
SPX CORPORATION
(Registrant)
Dated: June 29, 1995 By: James M. Sheridan
Vice President-Administration, Secretary
and General Counsel
FOR IMMEDIATE RELEASE
Contact: John Tyson
616-724-5406
MUSKEGON, MI -- June 28, 1995 -- The Board of Directors of SPX
Corporation today announced the resignation of Dale A. Johnson as Chairman and
Chief Executive Officer of SPX Corporation. Also announced was the election, on
an interim basis, of Charles E. Johnson II as Chairman and Chief Executive
Officer of the Company, and the start of an immediate search for a new chief
executive officer.
The Board also announced the appointment of an Operating Committee,
reporting to Charles E. Johnson. In addition to Mr. Johnson, the other four
members of the committee are:
Curtis T. Atkisson Jr., President and Chief Operating Officer
James M. Sheridan, Vice President, Administration, Secretary
and General Counsel
William L. Trubeck, Senior Vice President, Finance and Chief
Financial Officer
Albert A. Zagotta, Executive Vice President
Charles E. Johnson II, who is 59, has been a member of the company's Board
of Directors since 1976. He joined the company in 1964 and held increasingly
responsible positions until 1990, when he left to pursue personal business
interests. During his years of active service with the company he held assign-
ments as Group Vice President, responsible for several company operating units,
Executive Vice President, and President and Chief Operating Officer. He is the
grandson of company founder Charles E. Johnson.
SPX Corporation is a leader in the design, manufacture and marketing of
specialty service tools and original equipment components for the global motor
vehicle industry.
