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): January 22, 2008
TECH/OPS SEVCON, INC.
(Exact Name of Registrant as Specified in Charter)
Delaware 1-9789 04-2985631
(State or Other (Commission File Number) (IRS Employer
Jurisdiction Identification No.)
of Incorporation)
155 Northboro Road
Southborough, MA 01772
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(Address of Principal Executive Offices) (Zip Code)
(508) 281-5510
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(Registrant's telephone number, including area code)
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(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 2.02. Results of Operations and Financial Condition
On January 22, 2008. the Registrant issued a press release announcing
financial results for its first fiscal quarter ended December 29, 2007.
A copy of such press release is filed as Exhibit 99.1 hereto and is
incorporated by reference herein in its entirety.
Item 5.02. Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements
of Certain Officers
(b) On January 22, 2008, Paul McPartlin retired as Vice President and
Chief Financial Officer of the Registrant.
(c) On January 22, 2008, the Registrant appointed Paul N. Farquhar as
Chief Financial Officer. The Registrant's press release announcing the
appointment is filed as Exhibit 99.2 hereto. The Registrant had
appointed Mr. Farquhar as Vice President, Treasurer and Principal
Accounting Officer on April 24, 2007, and he will continue to hold those
offices. Mr. Farquhar is 45 years old and a British Chartered
Accountant. From January 2005 to March 2007 he served as European
Financial Controller for AAF International, a global company providing
products for air filtration. From 1997 to January 2005 he was European
Finance Director of Haskel International Inc., a world leading
manufacturer of hydraulic and pneumatic driven high pressure products,
systems and accessories. On December 4, 2007, the Registrant granted
15,000 shares of restricted stock to Mr. Farquhar under the 1996 Equity
Incentive Plan in anticipation of this appointment. Such shares will
vest ratably over the five years following the grant.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
99.1 Press release issued by the Registrant on January 22, 2008 is
furnished herewith.
99.2 Press release issued by the registrant on January 23, 2008 is
furnished herewith.
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.
TECH/OPS SEVCON, INC.
Dated: January 23, 2008 By: /s/ Raymond J. Thibault Jr.
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Raymond J. Thibault Jr.
Assistant Treasurer