-----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, HND47ua+2ll/pI07mkax7Jc9/O/uLHlG8GZwXdWEg4k9qSsnyeOX+FgwuQ4MQnPS 9yim14Z+1iot2sjtYcnVZw== 0000891554-96-000346.txt : 19960618 0000891554-96-000346.hdr.sgml : 19960618 ACCESSION NUMBER: 0000891554-96-000346 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19960612 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19960617 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: WITCO CORP CENTRAL INDEX KEY: 0000107889 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] IRS NUMBER: 131870000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04654 FILM NUMBER: 96582159 BUSINESS ADDRESS: STREET 1: ONE AMERICAN WAY CITY: GREENWICH STATE: CT ZIP: 06831 BUSINESS PHONE: 2126053800 MAIL ADDRESS: STREET 1: ONE AMERICAN LANE CITY: GREENWICH STATE: CT ZIP: 06831 FORMER COMPANY: FORMER CONFORMED NAME: WITCO CHEMICAL CORP DATE OF NAME CHANGE: 19851117 FORMER COMPANY: FORMER CONFORMED NAME: WITCO CHEMICAL CO INC DATE OF NAME CHANGE: 19681203 8-K 1 CURRENT REPORT 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) June 12, 1996 WITCO CORPORATION (Exact name of Registrant as Specified in its Charter) Delaware 1-4654 13-1870000 (State or other (Commission (I.R.S. Employer jurisdiction of File Number) Identification No.) incorporation) One American Lane, Greenwich, Connecticut 06831 (Address of Principal Executive Officers) (Zip Code) (203)552-2000 (Registrant's telephone number, including area code) Page 1 of 5 Exhibit Index is on Page 4 Item 5. Other Events On June 12, 1996, Witco Corporation (the "Company") announced that its Board of Directors named Dr. E. Gary Cook Chairman, Chief Executive Officer, and President of the Company succeeding William R. Toller, the Company's Chairman and Chief Executive Officer, who is retiring. Mr. Toller was named Honorary Chairman of the Company and will remain as a director. The Company also announced the retirement of William E. Mahoney, the Company's Vice Chairman and Chief Operating Officer. The complete text of the press release issued by the Company is attached. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits (c) Exhibits 99 Press Release, dated June 12, 1996. Page 2 of 5 Exhibit Index is on Page 4 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, thereto duly authorized. WITCO CORPORATION /s/ Dustan E. McCoy --------------------------------- Name: Dustan E. McCoy Title: Vice President, General Counsel and Corporate Secretary Dated: June 17, 1996 Page 3 of 5 Exhibit Index is on Page 4 Exhibit Index Exhibit No. Exhibit Page No. - ----------- ------- -------- 99 Press release of the registrant, 5 dated June 12, 1996. Page 4 of 5 Exhibit Index is on Page 4 EX-99 2 PRESS RELEASE EXHIBIT 99 Contact: Jill S. Gabbe/Craig Andrews 212 229-0162 Gabbe & Gabbe C. J. DiFrancesco 203 552-2251 Vice President, External Affairs Witco Corporation For Immediate Release WITCO NAMES NEW CEO, REAFFIRMING STRONG GROWTH OBJECTIVES Gary Cook Assumes Leadership of Global Specialty Chemicals Company GREENWICH, CT, June 12, 1996 -- In a key step toward positioning Witco Corporation (NYSE:WIT) for strong growth in the global quality specialty chemicals and petroleum products field, the Board of Directors today named Dr. E. Gary Cook Chairman, Chief Executive Officer, and President of the company. Since March 1, 1994, Dr. Cook has served as President and Chief Operating Officer of Albemarle Corporation, located in Baton Rouge, LA, a worldwide supplier of chemical intermediates. Previously he was with Ethyl Corporation and E.I. Du Pont de Nemours and Company in a series of senior management positions. The appointment is effective immediately. Dr. Cook, 51, succeeds William R. Toller, who had served as Chairman and Chief Executive Officer of Witco since 1990. Mr. Toller has been named Honorary Chairman of Witco and remains as a Director. Mr. Toller and William E. Mahoney, the company's Vice Chairman and Chief Operating Officer, had previously announced their intention to retire in 1996 after 40 and 33 years of service, respectively. Following his election today by the Board of Directors, Dr. Cook said, "Witco offers boundless opportunities building on 75 years of accomplishments, to solidify its potential as a premier, world-class specialty chemicals company. The company is emerging from a period of transition in which it has successfully refocused on its core strengths and streamlined operations. Going forward, with those strategic moves solidly in place and a continued commitment to strengthening the earnings of our company, we are in a dynamic position to drive performance and enhance shareholder value." Commenting on Dr. Cook's appointment, Board Director William R. Grant said, "Gary brings impeccable leadership and operational credentials to the CEO role at Witco. His diverse background includes broad experience in research, marketing, operations, and strategic planning as well as in general management. Gary's long and highly successful career with world-class organizations like Du Pont, Ethyl, and Albemarle gives us further confidence that Gary will guide Witco in its rightful position as a global leader in specialty chemicals." Dr. Cook holds a B.S. in chemistry with high distinction from the University of Virginia, and a Ph.D. in chemistry from Virginia Polytechnic Institute & University. He and his wife, Brenda, have four grown children. They will relocate to the Greenwich area. Witco Corporation is a worldwide manufacturer of specialty chemical and specialty petroleum products with 1995 sales of nearly $2 billion. Witco's products are used primarily as intermediates by other manufacturers in hundreds of industries, including personal care and household products, agricultural, automotive, housing, construction, packaging, food, and textiles. Founded 75 years ago, Witco employs over 8,000 people located around the world. The company is headquartered in Greenwich, Connecticut. Page 5 of 5 Exhibit Index is on Page 4 -----END PRIVACY-ENHANCED MESSAGE-----