STANDARD MOTOR PRODUCTS, INC. (NYSE:SMP) Files An 8-K Results of Operations and Financial Condition
Results of Operations and Financial Condition
On February 14, 2019, Standard Motor Products, Inc. (the “Company”) issued a press release announcing its financial results for the three months and year ended December 31, 2018. A copy of such press release is furnished as Exhibit 99.1 hereto.
Such press release shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
|Item 5.02(b).|| |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 12, 2019, Frederick D. Sturdivant announced that he will retire from the Board of Directors of the Company at the end of his current term of office in May 2019. Following Mr. Sturdivant’s decision, upon the recommendation of the Nominating and Corporate Governance Committee, the Board of Directors decreased the size of the Board from eleven directors to ten, effective as of May 16, 2019.
|Item 9.01.|| |
Financial Statements and Exhibits
Press release dated February 14, 2019 announcing Standard Motor Products, Inc.’s financial results for the three months and year ended December 31, 2018.
STANDARD MOTOR PRODUCTS, INC. Exhibit
EX-99.1 2 ex99_1.htm EXHIBIT 99.1 Exhibit 99.1 For Immediate Release For more information,…
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About STANDARD MOTOR PRODUCTS, INC. (NYSE:SMP)
Standard Motor Products, Inc. is a manufacturer and distributor of replacement parts for motor vehicles in the automotive aftermarket industry with a focus on heavy duty, industrial equipment and the original equipment service market. The Company operates through two segments: Engine Management Segment and Temperature Control Segment. The Engine Management Segment manufactures and remanufactures ignition and emission parts, ignition wires, battery cables, fuel system parts and sensors for vehicle systems. The Temperature Control Segment manufactures and remanufactures air conditioning compressors, air conditioning and heating parts, engine cooling system parts, power window accessories and windshield washer system parts. The Company sells its products to warehouse distributors, large retail chains, original equipment manufacturers and original equipment service part operations in the United States, Canada, Latin America and Europe.