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ESIO > SEC Filings for ESIO > Form 8-K on 18-Sep-2009All Recent SEC Filings

Show all filings for ELECTRO SCIENTIFIC INDUSTRIES INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for ELECTRO SCIENTIFIC INDUSTRIES INC


18-Sep-2009

Change in Directors or Principal Officers


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On September 15, 2009, management of Electro Scientific Industries, Inc. ("ESI") announced that it will continue to reduce pay for its executive management through December 31, 2009. The current pay reduction program expires on September 30, 2009. During this extended pay reduction period beginning October 1, 2009, ESI's President and Chief Executive Officer's salary will be reduced 7.5% and the Vice Presidents' salaries each will be reduced 6%.


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