SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 21, 2012
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 (see General Instruction A.2. below):
SECTION 5 Corporate Governance and Management
Effective September 21, 2012, David P. Galuska, age 56, was appointed Chief Operating Officer (COO) of Stanadyne Corporation (Stanadyne). Mr. Galuska will be responsible for Stanadynes global operations in the United States, China, India and Italy. Since 2009, Mr. Galuska served as Senior Vice President, Module Centers and Operations for Pratt & Whitney, a division of United Technologies Corporation (UTC). Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines. UTC is a diversified company providing high technology products and services to the global aerospace and commercial building industries. Previously, he served as Vice President, Operations for Hamilton Sundstrand from 2005 to 2009, as well as Vice President, Operations from 2004 to 2005 and Vice President, Precision Manufacturing from 2001 to 2004 for Sikorsky Aircraft, both divisions of UTC. Mr. Galuska began his tenure with UTC at Hamilton Standard (now known as Hamilton Sundstrand) where he held positions of increasing responsibility over a span of 22 years. Mr. Galuska has an M.B.A. from Western New England College and a B.A. in Marketing from the University of Connecticut.
Mr. Galuska is an at-will employee and does not have an employment agreement with Stanadyne. The written and unwritten arrangements under which Mr. Galuska is compensated include:
In connection with Mr. Galuskas appointment as COO, Stanadyne will seek approval from the Compensation Committee of Stanadyne Holdings, Inc. for a grant of stock options. Stanadyne anticipates that any stock options granted to Mr. Galuska will be under the terms of the Stanadyne Holdings, Inc. 2004 Equity Incentive Plan.
Mr. Galuska does not have any family relationships requiring disclosure under Item 401(d) of Regulation S-K nor does he have any interests requiring disclosure under Item 404(a) of Regulation S-K.
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 thereunto duly authorized.