UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Act of 1934
Date of Report (Date of Earliest Event Reported)..................March 29, 1999
SI HANDLING SYSTEMS, INC.
- --------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Pennsylvania 0-03362 22-1643428
- --------------------------------------------------------------------------------
(State or other (Commission (I.R.S. Employer
jurisdiction File Number) Identification No.)
of incorporation)
600 Kuebler Road, Easton, PA 18040
- --------------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code..................610-252-7321
- --------------------------------------------------------------------------------
(Former name or former address, if changed since last report.)
<PAGE>
Item 5. Other Events.
------------
As discussed in the attached News Release, the Board of Directors elected
William R. Johnson as President and Director, effective March 29, 1999. As
President, Mr. Johnson succeeds Leonard S. Yurkovic who has led the Company as
President and CEO since 1988. Mr. Yurkovic will continue as CEO and Vice
Chairman of the Board of Directors.
Item 7. Exhibits.
--------
The following exhibit is filed as part of this report:
99.1 News Release dated March 31, 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.
SI HANDLING SYSTEMS, INC.
/S/ BARRY V. MACK
Barry V. Mack
Vice President - Finance
(Principal Financial Officer)
Dated: April 29, 1999
--------------
<PAGE>
SI HANDLING SYSTEMS, INC.
FORM 8-K
EXHIBIT INDEX
Exhibit No.
- ----------
99.1 News Release dated March 31, 1999.
EXHIBIT 99.1
------------
Contact: Len Yurkovic
CEO
(610) 252-7321
(610) 250-9677 Fax
www.sihs.com
SI HANDLING SYSTEMS, INC.
600 Kuebler Road . PO Box 70 . Easton, PA 18044-0070
NEWS RELEASE
SI HANDLING SYSTEMS, INC. STRENGTHENS MANAGEMENT TEAM
WITH ELECTION OF NEW PRESIDENT
EASTON, PA, March 31, 1999 - SI Handling Systems, Inc. [NASDAQ NM: SIHS], a
leading supplier of automated materials handling systems, announces the election
of William R. Johnson as president and director, effective March 29, 1999. As
president, Johnson succeeds Leonard S. Yurkovic who has led the company as
president and CEO since 1988. Yurkovic will continue as CEO and vice chairman of
the board of directors.
"Bill Johnson will strengthen SI's team and help us to sustain growth," said Len
Yurkovic. "He is a proven and versatile executive who has demonstrated his
ability to manage operations effectively and to grow a global business through
sound marketing and product development. He has structured and managed
organizations that capitalize on long-term relationships with customers by
delivering product value that is so important for repeat business," continued
Yurkovic.
Prior to this appointment, Mr. Johnson was employed by Rockwell Automation in
Cleveland, Ohio, for 21 years. He was senior vice president of Rockwell's
Reliance Electric Motor Group with worldwide responsibility for motors, from
fractional through 25,000 horsepower.
Johnson holds a BS degree in electrical engineering from Michigan Technological
University and an MBA from the College of St. Thomas. He and his wife are
relocating to the Lehigh Valley.
With headquarters in Easton, PA, SI Handling Systems, Inc. designs,
manufactures, installs, and services automated materials handling systems that
improve productivity in manufacturing and increase the speed of the delivery of
products being offered by companies worldwide.
#
