SEC Company Response from THERMO FISHER SCIENTIFIC INC. (TMO) (CIK 0000097745) (TMO) — May 29, 2008
THERMO FISHER SCIENTIFIC INC. (TMO) (CIK 0000097745)
Date: May 29, 2008 · CIK: 0000097745 · Accession: 0000950135-08-004098
AI Filing Summary & Sentiment
File numbers found in text: 001-08002
Referenced dates: May 20, 2008
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CORRESP
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corresp
May 29, 2008
VIA EDGAR
Tim Buchmiller
Division of Corporation Finance
Securities and Exchange Commission
Mail Stop 6010
100 F Street, N.E.
Washington, DC 20549
Re:
Thermo Fisher Scientific Inc.
Annual Report on Form 10-K for the fiscal year ended December 31, 2007
File No. 001-08002
Dear Mr. Buchmiller:
Set forth below is the response of Thermo Fisher Scientific Inc. (the “Company”) to the
comment of the Staff of the Commission with respect to the above-referenced filing given by letter
dated May 20, 2008. The response follows the text of the comment to which it relates.
Item 11. Executive Compensation, page 54
1.
We refer to the disclosure under the caption “Annual Cash Incentive Bonus” beginning on
page 12 of the proxy statement that you have incorporated by reference into your Form 10-K.
It appears that the amounts paid to your named executive officers as annual cash incentive
bonuses under your 2003 Annual Incentive Award Plan should have been disclosed under the
caption “Non-Equity Incentive Plan Compensation” in your Summary Compensation Table
pursuant to Item 402(c)(2)(vii) of Regulation S-K rather than under the caption “Bonus”
(refer also to Item 402(a)(6)(iii), and that the threshold, target and maximum amounts
related to those awards should have been disclosed in your “Grants of Plan Based Awards For
2007” table pursuant to Item 402(d)(2)(iii) of Regulation S-K. Please provide such
disclosure in your future filings, to the extent then applicable, or provide us with your
analysis as to why such information should not have been included in the referenced tables
in accordance with the referenced Item requirements.
The Company notes the staff’s comment and agrees to provide the requested information in
future filings.
Tim Buchmiller
May 29, 2008
Page 2
The Company acknowledges that:
•
the company is responsible for the adequacy and accuracy of the disclosure in the
filing;
•
staff comments or changes to disclosure in response to staff comments do not foreclose
the Commission from taking any action with respect to the filing; and
•
the company may not assert staff comments as a defense in any proceeding initiated by
the Commission or any person under the federal securities laws of the United States.
Sincerely,
/s/ Seth H. Hoogasian
Seth H. Hoogasian
Senior Vice President, General
Counsel
and Secretary