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

On August 1, 2012, our board of directors appointed Richard J. Penn to serve as our president and chief executive officer and as a director of our company, effective October 1, 2012. Mr. Penn is not expected to serve on any board committees. Mr. Penn, age 56, has served as Senior Vice President and President of our Disk Drive Components Division since March 2011. He was Senior Vice President and President of our BioMeasurement Division from April 2007 to March 2011. Prior to that, he served as Vice President of Operations from October 2003 to November 2005, and Senior Vice President and President of the Disk Drive Components Division from November 2005 to April 2007. Mr. Penn has been with our company since 1981.

On August 1, 2012, our board of directors elected Wayne M. Fortun, a director of our company and our current president and chief executive officer, to serve as chairman of our board of directors, effective October 1, 2012. Mr. Penn will succeed Mr. Fortun as the company's president and chief executive officer.

Jeffrey W. Green, a director of our company and the current chairman of our board of directors, intends to retire from all of his positions with our company, effective September 30, 2012.

A copy of the press release announcing the transitions is attached as Exhibit 99.1 to this current report on Form 8-K.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

99.1 Press release dated August 6, 2012.

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