-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ko++H+exPq71LfoMgkrraJLT0yHRMCjiFx+sFRCcvSXA7wRhIEIzclkO8yUTXAv/ 3SAa+tubkGpoSKxn/OMmnw== 0001104659-08-070262.txt : 20081113 0001104659-08-070262.hdr.sgml : 20081113 20081112183100 ACCESSION NUMBER: 0001104659-08-070262 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20081111 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20081113 DATE AS OF CHANGE: 20081112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SCHWEITZER MAUDUIT INTERNATIONAL INC CENTRAL INDEX KEY: 0001000623 STANDARD INDUSTRIAL CLASSIFICATION: PAPER MILLS [2621] IRS NUMBER: 621612879 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13948 FILM NUMBER: 081182192 BUSINESS ADDRESS: STREET 1: 100 NORTH POINT CENTER EAST STREET 2: SUITE 600 CITY: ALPHARETTA STATE: GA ZIP: 30022-8246 BUSINESS PHONE: 8005140186 MAIL ADDRESS: STREET 1: 100 NORTH POINT CENTER EAST STREET 2: SUITE 600 CITY: ALPHARETTA STATE: GA ZIP: 30022-8246 8-K 1 a08-28213_18k.htm 8-K

 

 

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

 

November 11, 2008

Date of Report (Date of earliest event reported)

 


 

SCHWEITZER-MAUDUIT INTERNATIONAL, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

 

1-13948

 

62-1612879

(State or other jurisdiction of

 

(Commission file number)

 

(I.R.S. Employer

incorporation or organization)

 

Identification No.)

 

 

 

 

 

 

 

100 North Point Center East, Suite 600

 

 

Alpharetta, Georgia

 

30022

(Address of principal executive offices)

 

(Zip code)

 

1-800-514-0186
(Registrant’s telephone number, including area code)

 


 

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:

 

o  Written communications pursuant to Rule 425 under the Securities Act.  (17 CFR 230.425)

 

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act. (17 CFR 240.14a-12)

 

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act. (17 CFR 240.14d-2(b))

 

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.  (17 CFR 240.13c-4(c))

 

 

 



 

Item 5.02                        Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

 

Appointment of Principal Officers

 

On November 11, 2008, Schweitzer-Mauduit International, Inc. (“the Company”) issued a press release announcing that Wayne H. Deitrich, age 65, current Chairman of the Board and Chief Executive Officer will retire on December 31, 2008.  Mr. Deitrich has served as Chairman of the Board and Chief Executive Officer since the November 30, 1995 spin-off of the Company from Kimberly-Clark Corporation.

 

Succeeding Mr. Deitrich as Chairman of the Board and Chief Executive Officer will be Frédéric P. Villoutreix, current Chief Operating Officer and member of the Board of Directors.  Mr. Villoutreix, age 44, joined the Company on December 7, 2005, was elected Chief Operating Officer on February 1, 2006 and served as interim President, French Operations from December 2006 to June 2007.  He was elected to the Board of Directors in June 2007.  Previously he was employed by Compagnie de Saint-Gobain, a leading French multi-national producer and distributor of engineered materials, where he had worked since 1990.

 

Mr. Villoutreix does not have an employment contract with the company.  His compensation consists of the same elements, and he participates in the same compensation programs, as all other U.S. based Company executives as disclosed in the Company’s most recent proxy statement.  Executive compensation is reviewed and adjusted annually at year-end.

 

The press release is attached hereto as Exhibit 99.1.

 

Item 9.01                        Financial Statements and Exhibits.

 

(c)  Exhibits

 

99.1                             Press Release, dated November 11, 2008, of Schweitzer-Mauduit International, Inc., announcing retirement and replacement of Chairman of the Board and Chief Executive Officer.

 

2



 

SIGNATURES

 

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.

 

 

 

Schweitzer-Mauduit International, Inc.

 

 

 

 

 

 

 

By:

/s/ TORBEN WETCHE

 

 

Torben Wetche

 

 

Chief Financial Officer and Treasurer

Dated:  November 12, 2008

 

3



 

SCHWEITZER-MAUDUIT INTERNATIONAL, INC.

Current Report on Form 8-K

Dated November 12, 2008

 

INDEX TO EXHIBITS

 

Exhibit No.

 

Description

 

 

 

99.1

 

Press Release, dated November 11, 2008, of Schweitzer-Mauduit International, Inc., announcing retirement and replacement of Chairman of the Board and Chief Executive Officer.

 

4


EX-99.1 2 a08-28213_1ex99d1.htm EX-99.1

Exhibit 99.1

 

 

PRESS RELEASE

 

 

Contact:

Bill Foust

Torben Wetche

 

 

 

 

 

 

770-569-4203

770-569-4277

 

SCHWEITZER-MAUDUIT INTERNATIONAL, INC. ANNOUNCES

RETIREMENT AND REPLACEMENT OF CHAIRMAN OF THE BOARD AND CHIEF EXECUTIVE OFFICER

 

Alpharetta, GA, November 11, 2008.  Schweitzer-Mauduit International, Inc. (NYSE: SWM) today announced the retirement of Wayne H. Deitrich, Chairman of the Board and Chief Executive Officer on December 31, 2008 and that Frederic Villoutreix will become Chairman of the Board and Chief Executive Officer on January 1, 2009.

 

Mr. Deitrich has served as Chairman of the Board  and Chief Executive Officer since the November 30, 1995 spin-off from Kimberly-Clark Corporation.

 

Mr. Deitrich joined Kimberly-Clark in 1970 and held various operations positions and mill manager assignments as well as managing the commercialization of new products.  Beginning in 1987, he was promoted to positions of increased responsibility including Vice President, North American Pulp and Paper Sector, President of Neenah Paper, President of the Paper Sector, and President of the Specialty Products business units in the U.S. and France.

 

Mr. K.C. Caldabaugh, Lead Non-Management Director of the Schweitzer-Mauduit Board  of Directors commented, “Mr. Deitrich has been the leader and driving force behind the establishment of Schweitzer-Mauduit as a separate public company and the world’s leading supplier of fine papers to the tobacco industry.  His contribution to the success of Schweitzer-Mauduit has been significant.  Under his leadership the company expanded production, made acquisitions in Brazil, France, Indonesia and the Philippines, and established and constructed its China Joint Venture paper operations.”

 

In announcing that Frederic Villoutreix has been named to replace him, Mr. Deitrich stated, “Since joining Schweitzer-Mauduit, Frederic has demonstrated that he can successfully manage our operations and is prepared and ready to assume the total leadership of our Company as Chairman of the Board and Chief Executive Officer.”  Also, Mr. Caldabaugh commented, “Frederic’s succession to the position of Chairman of the Board and Chief Executive Officer is the culmination of a succession planning process that commenced with Frederic’s hire in December 2005.  He has the full confidence of the Board of Directors in assuming his new positions.”

 

Mr. Villoutreix, age 44, joined Schweitzer-Mauduit on December 7, 2005, was elected Chief Operating Officer on February 1, 2006 and served as interim President, French Operations from December 2006 to June 2007.  He was elected to the Board of Directors in June 2007 and relocated to the U.S. in June, 2008.  Previously, he was employed by Compagnie de Saint-Gobain, a leading French multi-national producer and distributor of engineered materials, where he had worked since 1990. Mr. Villoutreix held key management positions in Europe and the United States

 



 

with Saint-Gobain, including General Manager, World Construction Products and Stone, Luxemburg (2001-2004), and lastly, Vice President, Abrasives Europe and Coated Abrasives World (2004-2005) with 33 operating locations.

 

Mr. Villoutreix holds a Master’s Degree in Science and Engineering, with a major in Economics from Ecole Polytechnique, Palaiseau, France, and a Ph.D in Engineering and Management from Ecole des Mines, Paris, France.

 

The Company expects to make a further announcement concerning the Chief Operating Officer position within the near future.

 

Schweitzer-Mauduit International, Inc. is a diversified producer of premium specialty papers and the world’s largest supplier of fine papers to the tobacco industry.  It also manufactures specialty papers for use in other applications.  Schweitzer-Mauduit and its subsidiaries conduct business in over 90 countries and employ 3,200 people worldwide with operations in the United States, France, Brazil, the Philippines, Indonesia, Canada and a joint venture in China.  For further information please visit the Company’s Web site at www.schweitzer-mauduit.com.

 

###

 


GRAPHIC 3 g282131mmi001.gif GRAPHIC begin 644 g282131mmi001.gif M1TE&.#=A-`$I`'<``"'^&E-O9G1W87)E.B!-:6-R;W-O9G0@3V9F:6-E`"P` M````-`$I`(<````4%!0:&AH0$!`#`P,!`0$1$1$8&!@%!04+"PL5%14.#@X" M`@(-#0T7%Q<$!`0("`@;&QL?'Q\2$A('!P<='1T9&1D<'!P&!@8/#P\,#`P* M"@H>'AX)"0D6%A83$Q,C(R,X.#@E)24Q,3$Y.3DD)"0L+"P]/3TS,S,@("`M M+2T[.SLU-34^/CXZ.CH_/S\W-S7EY/3T]%14565E9$1$186%AM;6U@8&!Z>GIP<'!L;&QW=W=A86%N M;FY^?GYI:6EX>'AK:VM_?W]E965]?7UJ:FIG9V=H:&AD9&1R7EV=G9O;V]T='1Q<7%\?'QSWN:FIJ,C(R4E)2+BXN;FYN?GY^2DI*.CHZ0D)"3DY./CX^&AH:(B(B'AX>% MA86`@("$A(2>GIZ*BHJ"@H*=G9V5E968F)B!@8&)B8F#@X.BHJ*_O[^WM[>O MKZ^PL+"RLK*TM+2CHZ.EI:6YN;FSL[.ZNKJKJZN]O;VVMK:LK*RHJ*BDI*2X MN+BAH:&MK:VNKJZFIJ:@H*"JJJJ[N[N^OKZQL;&\O+RGIZ>IJ:FUM;78V-C< MW-S.SL[>WM[+R\O%Q<7'Q\?/S\_=W=W#P\/7U]?`P,#:VMK5U=72TM+$Q,3? MW]_4U-3,S,S6UM;&QL;;V]O3T]/*RLK)RGS\_/M[>WBXN+Y^?G\_/SW]_?N[N[Z^OK]_?WV]O;U M]?7[^_OX^/CFYN;HZ.CT]/3KZ^OCX^/R\O+AX>'P\/#EY>7GY^?@X.#L[.SJ MZNKDY.3___\!`@,(_P"_"1Q(L*#!@P@3*ES(L*'#AQ`C.O3G#]POB1@S:MS( ML:/'CR!#BM1(\1.(']_\C5S)LJ7+ES!CLO07[@L``']4RMS)LZ?/GT`74OP% MY&8`<3J#*EW*M*E3H?Y`";@)`$S2IUBS:MTZDB*@`50)A+K*M:S9LV@'J@Q# M]2:(<633RIU+MZ<_X^[CLYQ#]I?MA^^8(=;E?"A^XCITZ<^Q2JO]K MU\[=MW7HWFT?/GS=NM[P@_O>#K\^0N'S>Q>'7I>B,!+5W93`+]G-!`\9[L`S MQ##^D%)*/&404<07YYABQ!%($/.-&4D4<88\WYP!B#_E".+:/&/0X\\@21B! M1BCG$%*//_&DH<8I%!4C"$6G`$-1(:BH9$\J"I6CRC?CK/*>,<>D%(HA]Q3( MGU,4(5-"@%21L9]=PIC`CC``_.#/(8.X@\\8B.3CCQ)+M),..^VH``D(@_PIR20BKEI*,".><@L88H)Z3BCR(`M.(/&\KX,\\"0U#D M2A/*/::*$-_DP\`B_K3QBC^,K*!&$>%,*9>F"F#_254#R&RYDS_ZL,#.,DXD ML0HLC5!DR"H4N4&"(['XP\X3I3!#1"G?H/&&&\T48-@D0XJ3KBS3A;'#*,`$_X`XHX6([1B#@K2 M^!-*.F!S!>@69:]&P`ELM&&)*9^<\LHL#H82R_/01R\]]*&H,DTNSNO"C%KZ MF/$--6Y(5T-._D#B"D5ZC+"'&=&8DT4XYU`!RCE04.//$D2<(T8R_J121M4G M@,L^5D`.?\SA")@PPC+\D0E&^$,3`*@&*=8@G1/@HQ0ER(0E\%$/,JB).*&` M'37:$!4`)(8/7!`$"7C7.ZWXPQIX.`,E9DC#&MKPAC-LPQWVD`4!!;@)!'21E'.@XQOJF)$_X`$.@?!C'`*9QS5``8IX^,,>V*$' M/Z8H&GGT8QW]X,TOT`.-=G@# M&]Z(!H'BXH]W&`,;'54+/(*!%.[`Y9#02`8V!'(.:###&^A8QSS&@0]MZ*.` MQ9G'/<#!#[["XQ[B.$<[\B$/?K##'_GHAQC'`0]ZB",?;C2(.X'WF2)XD9VB MO08=C,&,'XSB-X9@`RWR.HH;_]R"1%68`"-5<@T##.$9YU@%!>1PCD(``!'? MZ,,+F$$/''"B'LVH``U((0I.Y$`>+[3`!:SA#TX@81:OF,$/7,&+'$CN"U;0 MA2IR,0D,#,(?[>A$!MH0BT,,01'^N`<"B#NRBBC!"0`!<"4< M-3L!]00`0((BE&C`&#L>"0^>1@[?DM@SY<`0&$+X$.I\P$_\/]@7>]$V<=)^A"2GX0^-Y@0N*&'YA: M%#^CA'C=`VT1PC$DG\[@=.(!W+4)!#!)I)02DR`$\J$%S*866[`'_A`)"W`) M_B`&S$015L`)%-$*42(07-!MN'<%&$A*=%`"FZ,?^1`#NV`.PN`H*8$-'P`+ ME```K*`3^_`,W``*HH$-&$@$7/`HO.`/+H!]L?`$G>`)`D!"%#$&6@`UD;!6 MY;<;YJ`"`NW&_"@`8GA#WU0!<"17(07?P?6A?<143>A`1HC MOY`!B$`'.MP`Y-P8.N0`QM0*3[@`0R' M')KX&^0`"RGA!&VV4'%V8,;@``;V&[XP#23R`9WF#]G@#?[0#0.P0/A@`5Y` M$>SP#MA!$=N0!BKA`AAPW`&H&*'5`3?X0#1-`:<21"!Q`3?>A#00``"(`"OR'6B/_@P5[H`R/ M<`?OT!NP,`2,$`JAP`@F$&;"L`(&\%H4H0H&0`(+1ARFL`4I@0A.L!OJX`L@ M$`.:X`JPX`3;R`TJX`,(IPZZL``J8'_P0YS``3[X`^FX`,@,@P/H`?LL`]3$`9Z MY@_/``%;H"+U(`0G@`SPL`UQ4&_?P`ZR``!'(`S28`U^X`2&1'X\<`32L`_6 M```KF(1#CX`<`,`SOT7%I``#+=)-$-C+;<`WZN!O^,`[=L`JWH`PK M]PW],`UC]2WK``W=@`SV4!#C8`\JL0\JSD(<[\`*H%`,N2`*L>`+X2$-Q9`- MU4`<[/`*B@`(RC`0XF`)GY`)I@`+LN`(T7@,^ID(_5D(CA(.KR`+O8"2R:`) MI$D<^*!!R8`D!*(.L:`(IP`/TI`(H\`[_J`,E1`&V9`2["`(=N`'D1!F`M$/ M(7H'G]`(AE`*`$;7!:!S$*@4:&T4%0 M"X5/^Z&DRV$?#F5+2]JD`56E!/50]V1*:\-/K"1N4VI/R.$.0;>D!"%NZQ!: ('6><[!00`#L_ ` end
-----END PRIVACY-ENHANCED MESSAGE-----