Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Arrangements of Certain Officers.
(d) Election of Directors. On October 22, 2008, the Board of Directors of the
Company elected Nancy-Ann DeParle to its Board of Directors effective
immediately. Ms. DeParle has been elected as a Class III director and her term
will expire at the 2009 Annual Meeting of Shareholders. The Board of Directors
also considered the independence of Ms. DeParle under the New York Stock
Exchange listing standards and the Company's corporate governance guidelines and
concluded on October 22, 2008 that Ms. DeParle is an independent director under
the applicable standards.
The Board of Directors has not yet appointed Ms. DeParle to any committee.
A copy of the press release is attached as Exhibit 99.1 hereto and
incorporated into this Form 8-K by reference.
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