On January 10, 2018, Richard J. Schlueter informed the Emerson Electric Co. that he would retire from the company, effective March 31, 2018. In order to provide an orderly transition, the company and Mr. Schlueter determined that he would resign as Chief Accounting Officer of the company effective February 6, 2018, in connection with the company’s regular annual appointment of company officers. The company determined that upon Mr. Schlueter’s resignation as Chief Accounting Officer on February 6, 2018, Mr. Michael J. Baughman, 52, will succeed Mr. Schlueter and be appointed as the Company’s new Chief Accounting Officer. Mr. Baughman was appointed Vice President and Controller of the Company in October 2017. Prior to that Mr. Baughman was Vice President, Finance, Global Operations, Quality, and Research and Development of Baxter International Inc., a global healthcare products company, from 2015 through September 2017, Vice President, Finance, Medical Products of Baxter from 2013 to 2015 and Corporate Controller of Baxter from 2005 to 2013.