-----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, IXieRiBWyPdrf7Ji/LV8tyOFPB73qSEKm382yuE5Mk30JcuCST6b33FYtv/fO/rS kQE4X2ShKvt17YUEvTBzFQ== 0001005477-98-000081.txt : 19980121 0001005477-98-000081.hdr.sgml : 19980121 ACCESSION NUMBER: 0001005477-98-000081 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19980109 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980120 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: MSC INDUSTRIAL DIRECT CO INC CENTRAL INDEX KEY: 0001003078 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-INDUSTRIAL MACHINERY & EQUIPMENT [5084] IRS NUMBER: 113289165 STATE OF INCORPORATION: NY FISCAL YEAR END: 0902 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-14130 FILM NUMBER: 98509340 BUSINESS ADDRESS: STREET 1: 151 SUNNYSIDE BLVD CITY: PLAINVIEW STATE: NY ZIP: 11803 BUSINESS PHONE: 5163497100 MAIL ADDRESS: STREET 1: 151 SUNNYSIDE BLVD CITY: PLAINVIEW STATE: NY ZIP: 11803 8-K 1 FORM 8-K ================================================================================ 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 (Date of earliest event reported) January 9, 1998 --------------- MSC INDUSTRIAL DIRECT CO., INC. ------------------------------- (Exact name of registrant as specified in its charter) New York -------------------------------------------- (State or other jurisdiction of incorporation) 1-14130 11-3289165 - ------------------------ ------------------------------------ (Commission File Number) (IRS Employer Identification Number) 151 Sunnyside Blvd, Plainview, NY 11803-1592 ---------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code (516) 349-7100 ITEM 5. OTHER EVENTS On January 9, 1998, the Board of Directors of MSC Industrial Direct Co., Inc. (the "Company") appointed Melvin Redman as President and Chief Operating Officer of the Company. Mr. Redman, who has served on the Board of Directors of the Company as an outside director since April 1996, succeeds Mitchell Jacobson as President of the Company and James Schroeder as Chief Operating Officer of the Company. Prior to his election, Mr. Redman was a principal of Redman & Associates, a management consulting firm which provided consulting services to the Company. From 1992 to June 30, 1995, Mr. Redman was Senior Vice President of Operations for Wal-Mart Stores, Inc. Prior to 1992, Mr. Redman was Senior Vice President of Store Planning for Wal-Mart. Mr. Mitchell Jacobson will remain Chief Executive Officer and will now serve as Chairman of the Board, succeeding Sidney Jacobson who becomes Vice Chairman of the Board. Mr. James Schroeder will continue to serve as Vice President of Logistics and as a member of the Board of Directors. 2 SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MSC INDUSTRIAL DIRECT CO., INC. Dated: January 16, 1998 By /s/ Shelly M. Boxer -------------------------------- Name: Shelly M. Boxer Title: Vice President and Chief Financial Officer 3 EXHIBIT INDEX Exhibit Description Page - ------- ----------- ---- 99 MSC Industrial Direct Co, Inc. Press Release, dated January 12, 1998. 4 EX-99 2 PRESS RELEASE DATED JANUARY 12, 1998 Exhibit 99 MSC INDUSTRIAL DIRECT CO., INC. - -------------------------------------------------------------------------------- 151 Sunnyside Boulevard Plainview, NY 11803 MSC INDUSTRIAL DIRECT CO., INC. Announces Executive Promotions Names Mel Redman as President and Chief Operating Officer For Release 5:00 p.m. E.S.T. Monday, January 12, 1998 Contact: Shelley Boxer V.P./C.F.O. MSC Industrial Direct 516-349-7100, x1216 Plainview, NY, January 12, 1998-MSC Industrial Direct Co. Inc. (NYSE: MSM) today announced the appointment of Mel Redman as President and Chief Operating Officer. Redman has served on MSC's Board and as a consultant since 1995. The Company said that Mitchell Jacobson remains Chief Executive Officer and will now serve as Chairman of the Board, succeeding Sid Jacobson, who becomes Vice Chairman of the Board. "We are pleased to welcome Mel as part of our team." said MSC's new Chairman. "He brings to MSC a wealth of experience gained at Wal-Mart, Inc., one of America's premier companies, and a close familiarity with our industry and company. As a consultant and as a member of our Board of Directors, he has been instrumental in helping to build our executive team and business model. Mel will concentrate on maintaining and improving MSC's operational excellence, especially in the areas of reducing our operating and product acquisition costs, enabling me to increase my focus on MSC's marketing and sales areas as well as our long-term strategic goals," Jacobson concluded. Redman has more than 25 years of professional achievement in retail management. He is a nationally recognized expert in the areas of management, operations and store planning. Prior to establishing his consulting firm, Mr. Redman was, until 1995, Senior Vice President of Operations for Wal-Mart Inc. in the Southwest Division, where he was responsible for the profitability of over 450 Wal-Mart stores, 180,000 associates and $15 billion in annual sales. Mr. Redman, 46, will relocate from Bentonville, Arkansas to New York. MSC Industrial Direct Co., Inc. is a direct marketer and leading full-line supplier of a broad range of metalworking and maintenance and repair supplies to industrial customers throughout the United States. -----END PRIVACY-ENHANCED MESSAGE-----