UNITED STATES
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: February 16, 2005
(Date of earliest event reported)
GRIFFON CORPORATION
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(Exact name of registrant as specified in its charter)
DELAWARE 1-6620 11-1893410
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) No.)
100 JERICHO QUADRANGLE, JERICHO, NEW YORK 11753
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(Address of principal executive offices) (Zip Code)
(516) 938-5544
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(Registrant's telephone number including area code)
N/A
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(Former name or former address, if changed since last report.)
ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF PRINCIPAL OFFICERS
(a) None.
(b) On February 16, 2005, Robert Balemian, President, Chief Financial Officer
and a director of Griffon Corporation (the "Registrant") since 1982, notified
the Board of Directors of his retirement. Mr. Balemian will continue to serve as
President of the Registrant until May 1, 2005.
(c ) In connection with Mr. Balemian's retirement, the Board of Directors of the
Registrant has appointed Eric Edelstein to serve as Executive Vice President and
Chief Financial Officer effective March 1, 2005.
Mr. Edelstein was, from 1983 until August 2002, a partner at Arthur
Andersen LLP, serving as Managing Partner of the Northeast Region of the
Business Consulting Division and Managing Partner of the National Practices of
the Business Consulting Division. Since 2002, Mr. Edelstein has acted as an
independent consultant. Mr. Edelstein currently serves as a director of Valley
National Bancorp., a bank holding company, Computer Horizon Corp., a strategic
solutions and human capital management company and Aeroflex Incorporated, a
diversified manufacturer of electronic components and test equipment. Mr.
Edelstein will resign from the board of directors of Aeroflex Incorporated
effective upon the commencement of his employment with the Registrant.
A copy if the press release announcing the retirement of Mr. Balemian and
appointment of Mr. Edelstein is attached hereto as Exhibit 99.1.
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SIGNATURE
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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.
GRIFFON CORPORATION
By: ______________________
Robert Balemian, President
Dated: February 17, 2005
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EXHIBIT INDEX
99.1 Press release dated February 16, 2005 issued by Griffon Corporation.