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
March 13, 2000
--------------------------------------------
(Date of Report)
ITRON, INC.
- --------------------------------------------------------------------------------
(Exact Name of Registrant as Specified in Charter)
Washington 000-22418 91-1011792
- ---------------------------- -------------------- ----------------------------
(State or Other Jurisdiction (Commission File No.) (IRS Employer
of Incorporation) Identification No.)
2818 N. Sullivan Road, Spokane, WA 99216
- --------------------------------------------------------------------------------
(Address of Principal Executive Offices, including Zip Code)
(509) 924-9900
- --------------------------------------------------------------------------------
(Registrant's Telephone Number, Including Area Code)
None
- --------------------------------------------------------------------------------
(Former Name or Former Address, if Changed Since Last Report)
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Item 5. Other Events
Annual Meeting
Itron, Inc. has set June 28, 2000 as the date for its 2000 annual
meeting of shareholders, instead of June 7, 2000 as previously announced. The
record date for the annual meeting will be April 21, 2000.
Management Changes
On March 13, 2000, Itron issued a press release announcing that Michael
J. Chesser, chairman, CEO and president, is leaving Itron effective April 1,
2000 to become CEO and president of GPU Energy, a subsidiary of GPU, Inc. LeRoy
D. Nosbaum, Itron's chief operating officer, has been named to replace Mr.
Chesser as CEO and president, and Robert D. Neilson, vice-president, strategy
and business development, has been named chief operating officer. S. Edward
White, who previously served as an executive vice president of Itron and who has
been serving as vice-chairman of the board of directors, has been named chairman
of the board. Mr. Chesser will continue to serve as a director of Itron.
Since joining Itron in March 1996, Mr. Nosbaum has had executive
responsibilities covering manufacturing, product development, service and
support and marketing. From 1989 to 1996, Mr. Nosbaum was employed by Metricom ,
most recently as executive vice president and general manager of their UtiliNet
Division. Before Metricom, he served twenty years in a variety of executive and
management positions with Schlumberger and Sangamo Electric.
Mr. Neilson has served as Itron's vice-president, strategy and business
development since October 1997 and as Itron's vice-president, marketing from
1993 to 1997. Mr. Neilson joined Itron in 1983 as manager of market development
and planning. He is actively involved in a number of industry activities,
including the Cambridge Energy Research Associate (CERA) energy industry studies
and work in future industry scenarios. In addition, Mr. Neilson has active
relationships with many electric and gas utility strategy executives.
Mr. White served as Itron's executive vice-president from 1996 to 1999.
Mr. White joined Itron in 1996 when Utility Translation Systems (UTS), the
company he founded in 1980, became a wholly owned subsidiary of Itron. UTS
pioneered the development of software systems for the acquisition and analysis
of complex meter data for commercial and industrial utilities customers. Before
founding UTS, White served for 13 years in Westinghouse Electric Corporation's
meter Division. As Itron's chairman, White will be actively involved in a number
of industry and customer related activities.
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.
ITRON, INC.
Dated: March 13th, 2000 By /s/ David G. Remington
----------------------
David G. Remington
Vice President and
Chief Financial Officer