CONFORMED COPY
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 27, 2000
WHIRLPOOL CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 1-3932 38-1490038
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(State or other jurisdiction (Commission File (I.R.S. Employer
of incorporation) Number) Identification No.)
2000 M63 North, Benton Harbor, Michigan 49022-2692
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(Address of principal executive officers) (Zip Code)
(616)-923-5000
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Registrant's telephone number, including area code
Item 5. Other Events
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On April 27, 2000, the registrant issued a press release announcing
the retirement of H. Miguel Etchenique as President of the Board of Directors of
Brasmotor and its subsidiary companies in Brazil and the election by the
Brasmotor Board of Paulo Periquito as his successor. Whirlpool Corporation holds
approximately 87 percent of the equity of its affiliated Brazilian companies
Brasmotor, Multibras and Embraco.
Item 7. Financial Statements and Exhibits
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Copy of press release dated April 27, 2000 announcing the retirement
of H. Miguel Etchenique as President of the Board of Directors of Brasmotor and
its subsidiary companies in Brazil.
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.
WHIRLPOOL CORPORATION
Registrant
Date: May 1, 2000 By: /s/ Robert T. Kenagy
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Name: Robert T. Kenagy
Title: Associate General Counsel and Secretary
[WHIRLPOOL CORPORATION LOGO]
Media
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Brasmoter and Multibras Whirlpool Corporation
Rodolfo Guttilla Christopher Wyse
55-11-5586-6556 616-923-3417
Investment
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Thomas Filstrup
616-923-3189
thomas_c_filstrup@email.whirlpool.com
WHIRLPOOL CORPORATION ANNOUNCES LATIN AMERICAN
LEADERSHIP CHANGES
BENTON HARBOR, Mich. -- April 27, 2000 -- Whirlpool Corporation and
Brasmotor S.A. today announced that H. Miguel Etchenique has retired as
President of the Board of Directors of Brasmotor and its subsidiary companies in
Brazil. Whirlpool Corporation holds approximately 87 percent of the equity of
its affiliated Brazilian companies Brasmotor, Multibras and Embraco.
David R. Whitwam, Whirlpool Chairman and CEO stated, "H. Miguel Etchenique
has provided five decades of leadership to Brasmotor, and has been CEO since
1963 and Chairman of the Board since 1970. His vision and leadership created the
largest and most successful appliance company in Latin America."
Whitwam continued, "In recognition of his outstanding contributions, at the
Brasmotor annual shareholders meeting, Etchenique was named President Emeritus
and appointed as President of a special Advisory Council which will provide
insights to the Brasmotor Board and the Whirlpool Corporation Board of Directors
on trends that may impact our important Latin American businesses."
Whitwam also announced that Paulo Periquito has been elected by the
Brasmotor Board to replace H. Miguel Etchenique as President of the Brasmotor
Board of Directors and its affiliated companies. Periquito will also continue as
President of Brasmotor and Multibras and Executive Vice President of Whirlpool
Corporation.
-more-
Whirlpool Latin American Leadership Changes - add one
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"Paulo Periquito brings exceptional leadership and experiences to his new
responsibilities," Whitwam added. "Before joining Brasmotor and Whirlpool
Corporation, Paulo had a distinguished executive career at Alcoa that spanned 24
years. He has guided Multibras to new levels of success, despite the difficult
economic challenges that we faced throughout Latin America. As a member of
Whirlpool Corporation's Executive Committee, he has brought outstanding
leadership and global insights to our company."
Whirlpool Corporation is the world's leading manufacturer and marketer of
major home appliances. Headquartered in Benton Harbor, the company manufactures
in 13 countries and markets products under 11 major brand names in more than 170
countries. Additional information about the company can be found on the Internet
at www.WhirlpoolCorp.com.
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