0000842023-14-000001.txt : 20140103
0000842023-14-000001.hdr.sgml : 20140103
20140103091918
ACCESSION NUMBER: 0000842023-14-000001
CONFORMED SUBMISSION TYPE: 8-K
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20131230
ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION: Financial Statements and Exhibits
FILED AS OF DATE: 20140103
DATE AS OF CHANGE: 20140103
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: TECHNE CORP /MN/
CENTRAL INDEX KEY: 0000842023
STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836]
IRS NUMBER: 411427402
STATE OF INCORPORATION: MN
FISCAL YEAR END: 0630
FILING VALUES:
FORM TYPE: 8-K
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-17272
FILM NUMBER: 14503486
BUSINESS ADDRESS:
STREET 1: 614 MCKINLEY PL N E
CITY: MINNEAPOLIS
STATE: MN
ZIP: 55413
BUSINESS PHONE: 6123798854
MAIL ADDRESS:
STREET 1: 614 MCKINLEY PLACE NE
CITY: MINNEAPOLIS
STATE: MN
ZIP: 55413
8-K
1
melsenresignation.txt
8-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): December 30, 2013
TECHNE CORPORATION
(Exact Name of Registrant as Specified in its Charter)
Minnesota 0-17272 41-1427402
(State or Other Jurisdiction (Commission File Number) (I.R.S. Employer
Of Incorporation) Identification
Number)
614 McKinley Place NE
Minneapolis, MN 55413
(Address of Principal Executive Offices) (Zip Code)
(612) 379-8854
(Registrant's Telephone Number, Including Area Code)
Not Applicable
(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 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers
On December 30, 2013, Gregory J. Melsen informed Techne Corporation
(the "Company") of his decision to resign from the positions of Vice
President of Finance and Chief Financial Officer of the Company, effective as
of February 3, 2014.
A copy of the press release announcing Mr. Melsen's resignation is
attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
99.1 Press Release, dated January 2, 2014.
SIGNATURE
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.
TECHNE CORPORATION
Date: January 2, 2014 By: /s/ Charles R. Kummeth
---------------------------------
Charles R. Kummeth
President and Chief Executive Officer
EXHIBIT INDEX
Exhibit No. Description
99.1 Press Release, dated January 2, 2014.
EX-99.1
2
melsenpressrelease.txt
PRESS RELEASE DATED JANUARY 2, 2014
TECHNE ANNOUNCES RESIGNATION OF CHIEF FINANCIAL
OFFICER GREGORY MELSEN
Minneapolis, Minnesota - January 2, 2014 - Techne Corporation (NASDAQ: TECH)
today announced that Gregory J. Melsen will resign from his position as Chief
Financial Officer, effective February 3, 2014, to pursue other opportunities.
Mr. Melsen has served as Techne's Chief Financial Officer since 2004.
Techne has begun the process of identifying a successor to Mr. Melsen and
expects to announce the appointment of such successor in the coming months.
"I would like to thank Greg for his immense contributions to Techne during
the past nine years," stated Charles Kummeth, President and Chief Executive
Officer of Techne. "Greg was instrumental in the recent leadership
transition, and the experienced financial team that Greg has put in place
will ensure that the current transition is seamless. On behalf of Techne, I
wish Greg all the best for the future."
Mr. Melsen said, "Being Chief Financial Officer of Techne has been a great
professional experience, and I look forward to watching the Company continue
to execute the strategies that have recently been put into place."
About Techne Corporation
Techne Corporation and Subsidiaries (the Company) are engaged in the
development, manufacture and sale of biotechnology products and hematology
calibrators and controls. These activities are conducted through the
Company's two operating subsidiaries: Research and Diagnostic Systems, Inc.
(R&D Systems) of Minneapolis, Minnesota and R&D Systems Europe, Ltd. (R&D
Europe) of Abingdon, England.
R&D Systems is a specialty manufacturer of biological products. R&D Systems
has four subsidiaries: BiosPacific, Inc. (BiosPacific), located in
Emeryville, California, Boston Biochem, Inc., located in Cambridge,
Massachusetts, Bionostics Holdings Limited (Bionostics), operating in Devens,
Massachusetts, and R&D Systems China Co. Ltd., (R&D China), located in
Shanghai, China. BiosPacific is a worldwide supplier of biologics to
manufacturers of in vitro diagnostic systems and immunodiagnostic kits.
Boston Biochem is a leading developer and manufacturer of ubiquitin-related
research products. Bionostics is a leading supplier of control solutions
used in point of care blood glucose and blood gas testing.
R&D China and R&D Europe distribute the Company's biotechnology products. R&D
Europe has two subsidiaries: Tocris Holdings Ltd. (Tocris) of Bristol,
England and R&D Systems GmbH, a German sales operation. Tocris is a leading
supplier of chemical reagents for non-clinical life science research.
Forward-Looking Statements
Certain statements found in this release may constitute forward-looking
statements as defined in the U.S. Private Securities Litigation Reform Act of
1995. Forward-looking statements reflect the speaker's current views with
respect to future events and financial performance and include any statement
that does not directly relate to a current or historical fact. Forward-
looking statements can generally be identified by the words "believe,"
"expect," "anticipate" or "intend" or similar words. The following important
factors, among others, have affected and, in the future, could affect the
Company's actual results: the integration of new leadership, the introduction
and acceptance of new biotechnology and hematology products, the levels and
particular directions of research by the Company's customers, the impact of
the growing number of producers of biotechnology research products and
related price competition, general economic conditions, the impact of
currency exchange rate fluctuations, and the costs and results of research
and product development efforts of the Company and of companies in which the
Company has invested or with which it has formed strategic relationships.
For additional information concerning such factors, see the section titled
"Risk Factors" in the Company's annual report on Form 10-K and quarterly
reports on Form 10-Q as filed with the Securities and Exchange Commission. We
undertake no obligation to update or revise any forward-looking statements we
make in our press releases due to new information or future events. Investors
are cautioned not to place undue emphasis on these statements.
Contact
Charles Kummeth
Chief Executive Officer
Techne Corporation
(612) 379-8854