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TECH > SEC Filings for TECH > Form 8-K on 19-May-2009All Recent SEC Filings

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Form 8-K for TECHNE CORP /MN/


19-May-2009

Change in Directors or Principal Officers, Financial Statements and Exhibits


Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

Effective May 19, 2009, John L. Higgins was elected to the Board of Directors of Techne Corporation (the "Company") and to the Nominations and Governance Committee, Audit Committee and Compensation Committee of the Board. In connection with his service on the Company's Board and Committees, Mr. Higgins will receive annual cash compensation and stock options pursuant to the Company's director compensation policy.

Mr. Higgins was not named as director pursuant to any arrangement or understanding with any third person. There is not currently, nor has there been in the past, any transactions with the Company or any of its subsidiaries or affiliates in which Mr. Higgins has or had a direct or an indirect material interest.

On May 19, 2009, the Company issued a press release announcing the election of Mr. Higgins to the Company's Board of Directors. The press release is attached as Exhibit 99.1 and is incorporated by reference herein.

On May 19, 2009, the Company issued a press release announcing that Mr. G. Arthur Herbert, a current director and member of the Nominations and Governance Committee, Audit Committee and Compensation Committees, will not stand for re-election at the Company's Annual Meeting scheduled for October 29, 2009. The press release is attached as Exhibit 99.2 and is incorporated by reference herein.



Item 9.01 Financial Statements and Exhibits

(d) Exhibits

99.1 Press Release dated May 19, 2009.

99.2 Press Release dated May 19, 2009.

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