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
Date of Report
(Date of earliest event reported):
September 3, 1998
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THERMO ELECTRON CORPORATION
(Exact name of Registrant as specified in its charter)
Delaware 1-8002 04-2209186
(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification Number)
incorporation or
organization)
81 Wyman Street
Waltham, Massachusetts 02454-9046
(Address of principal executive offices) (Zip Code)
(781) 622-1000
(Registrant's telephone number
including area code)
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Item 5. Other Events
On September 3, 1998, Thermo Electron Corporation ("Thermo Electron")
issued a press release, attached hereto as Exhibit 99, regarding changes in the
executive management at Thermo Electron.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(a) Financial Statements of Business Acquired: not
applicable.
(b) Pro Forma Financial Information: not applicable.
(c) Exhibits
99 Press Release of Thermo Electron, dated September 3, 1998
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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, thereunto duly authorized, on this 3rd day of September, 1998.
THERMO ELECTRON CORPORATION
By: /s/ Kenneth J. Apicerno
Kenneth J. Apicerno
Treasurer
<PAGE>
EXHIBIT 99
THERMO ELECTRON ANNOUNCES
EXECUTIVE MANAGEMENT CHANGES
WALTHAM, Mass., Sept. 3, 1998 -- Thermo Electron Corporation (NYSE-TMO) today
announced that its board of directors has approved changes in its executive
management to reflect the previously announced reorganization of its businesses.
The following operational and management changes are effective immediately:
Four executive officers have been named chief operating officers of Thermo
Electron. The officers are: Brian D. Holt, chief operating officer,
environmental and energy; John T. Keiser, chief operating officer, biomedical
and new technologies; Earl R. Lewis, chief operating officer,
instrumentation; and William A. Rainville, chief operating officer, recycling
and recovery systems. In their new roles, these officers will report to
George N. Hatsopoulos, chairman and chief executive officer of Thermo
Electron.
John N. Hatsopoulos has been named vice chairman of the board in addition to
his title of chief financial officer. The company's financial organization
will report to the vice chairman.
The company's policy and strategy will be carried out by an executive
committee, which consists of George Hatsopoulos, John Hatsopoulos, and the
four chief operating officers.
Thermo Electron Corporation is a world leader in analytical and monitoring
instruments; biomedical products including heart-assist devices,
respiratory-care equipment, and mammography systems; and paper recycling and
papermaking equipment. The company also develops alternative-energy systems and
clean fuels, provides a range of services including industrial outsourcing and
environmental-liability management, and conducts research and development in
advanced imaging, laser communications, and electronic information-management
technologies. With annual worldwide sales of $3.6 billion, Thermo Electron has
approximately 23,000 employees and operations in 23 countries. Headquarters are
in Waltham, Massachusetts. More information is available on the Internet at
http://www.thermo.com.
