UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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)
April 28, 2008
ECHELON CORPORATION
(Exact name of registrant as specified in its charter)
| Delaware | 000-29748 | 77-0203595 | ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) | (IRS Employer Identification No.) |
550 Meridian Avenue
San Jose, California 95126
(Address of principal executive offices, including zip code)
(408) 938-5200
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| Item 8.01. | Other Events. |
On April 29, 2008, the Company announced the appointment, effective as of April 28, 2008, of Robert R. Maxfield, a current member of the Company’s Board of Directors, as interim Senior Vice President, Products of the Company. Mr. Maxfield will continue to serve on the Company’s Board of Directors, however he will no longer serve on the Compensation Committee and he will step down from his role as the lead independent director. The press release announcing that Mr. Maxfield has joined the Company is attached as Exhibit 99.1 hereto.
In addition, the Board of Directors has appointed current director Robert J. Finocchio, Jr. to replace Mr. Maxfield as the lead independent director. The Board of Directors also appointed current director Betsy Rafael to replace Mr. Maxfield on the Compensation Committee and Richard M. Moley to serve as Chairman of the Compensation Committee.
| Item 9.01. | Financial Statements and Exhibits |
| (d) | Exhibits |
| Exhibit Number |
Description | |
| 99.1 | Press Release dated April 29, 2008, of Echelon Corporation. |
SIGNATURES
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 hereunto duly authorized.
| ECHELON CORPORATION | ||
| By: | /s/ Oliver R. Stanfield | |
| Oliver R. Stanfield | ||
| Executive Vice President and | ||
| Chief Financial Officer | ||
Date: April 30, 2008
EXHIBIT INDEX
| Exhibit |
Description | |
| 99.1 | Press Release dated April 29, 2008, of Echelon Corporation. |