Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers. On September 25, 2006, Joe W. Laymon, who has served as a member of the Board of Directors of Molex Incorporated since 2002, notified us that he is resigning from the Board as of September 25, 2006. Mr. Laymon advised us that he is resigning due to his business commitments following recent senior management changes and the acceleration of the restructuring at Ford Motor Company, where he serves as Group Vice President, Corporate Human Resources and Labor Affairs. Item 8.01 Other Events. As previously reported, we will hold our annual meeting of stockholders on October 27, 2006. In light of Mr. Laymon’s resignation, the Board, in accordance with Molex’s Bylaws has now fixed the number of directors at 12 and the number of directors in Class I at three. Accordingly, only the three remaining Class I nominees, Michelle L. Collins, Fred L. Krehbiel and David L. Landsittel will stand for re-election at the annual meeting. Stockholders should still complete, sign, date and return the proxy card previously mailed with the proxy statement. Proxies previously submitted for the annual meeting continue to be valid. Unless withdrawn, such proxies will be voted in accordance with their instructions. Proxies voted in favor of the Board's nominees for election as director, and not withdrawn, will be voted for Ms. Collins, Mr. Krehbiel and Mr. Landsittel, but will not be voted for Mr. Laymon due to his resignation. We will mail a letter explaining this development to all stockholders of record entitled to vote at the annual meeting, a copy of which is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits (d) Exhibits. Exhibit 99.1 Letter to Stockholders dated September 29, 2006 |
