0001021408-01-507210.txt : 20011009 0001021408-01-507210.hdr.sgml : 20011009 ACCESSION NUMBER: 0001021408-01-507210 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010924 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: FILED AS OF DATE: 20010924 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BETHLEHEM STEEL CORP /DE/ CENTRAL INDEX KEY: 0000011860 STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES ROLLING MILLS (COKE OVENS) [3312] IRS NUMBER: 240526133 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01941 FILM NUMBER: 1743647 BUSINESS ADDRESS: STREET 1: 1170 EIGHTH AVE CITY: BETHLEHEM STATE: PA ZIP: 18016-7699 BUSINESS PHONE: 6106942424 MAIL ADDRESS: STREET 1: 1170 EIGHTH AVE CITY: BETHLEHEM STATE: PA ZIP: 18016-7699 8-K 1 d8k.txt FORM 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 September 24, 2001 ------------------ (Date of earliest event reported) BETHLEHEM STEEL CORPORATION --------------------------- (Exact name of Registrant as specified in its charter) Delaware 1-1941 24-0526133 ------------------------------- ------------ ------------------- (State or other jurisdiction of (Commission (I.R.S. Employer incorporation) File Number) Identification No.) 1170 Eighth Avenue Bethlehem, Pennsylvania 18016-7699 ---------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number including area code: (610) 694-2424 -------------- Page 1 Item 7. Financial Statements and Exhibits (c) Exhibits Exhibit No. Exhibit 99 Press release of Bethlehem Steel Corporation dated September 24, 2001. Item 9. Regulation FD Disclosure On September 24, 2001, Bethlehem Steel Corporation issued a press release announcing the election of Robert S. Miller, Jr., as chairman and chief executive officer, and a director, effective immediately. The press release is attached as an exhibit to this Form 8-K. Page 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BETHLEHEM STEEL CORPORATION (Registrant) by: /s/ L. A. Arnett ------------------------------------- L. A. Arnett Vice President and Controller Date: September 24, 2001 Page 3 INDEX TO EXHIBITS Exhibit No. Exhibit 99 Press release of Bethlehem Steel Corporation dated September 24, 2001. EX-99 3 dex99.txt PRESS RELEASE DATED SEPTEMBER 24, 2001 Exhibit 99 [LOGO OF BETHELHEM STEEL] Bethlehem Steel Corporation Corporate Communications Division Public Affairs Department 1170 Eighth Avenue Bethlehem, PA 18016-7699 (610) 694-3711 - Phone (610) 694-1509 - Fax Internet Homepage Address http://www.bethsteel.com FOR IMMEDIATE RELEASE -------------------------------------------------------------------------------- Bethlehem Elects Steve Miller as Chairman and Chief Executive Officer BETHLEHEM, Pa., September 24, 2001 - Bethlehem Steel Corporation (NYSE:BS) announced today the election of Robert S. "Steve" Miller, Jr. as chairman and chief executive officer, and a director, effective immediately. The positions Mr. Miller is assuming were previously held by Duane R. Dunham who will continue as president and chief operating officer, and a director, of the company. By adding Mr. Miller, a widely recognized and experienced turnaround expert, to the executive office, Mr. Dunham said that "we have bolstered our senior management team with the kind of expertise only a few people familiar with our industry could bring to the company. Bethlehem is very fortunate to have Steve on board to direct our strategy at this critical juncture in our company's history." Mr. Miller joins the Bethlehem Steel executive team at a time when the steel industry is suffering through a domestic steel market that has been devastated by record-level imports over the last few years. "Bethlehem, as well as other companies in the industry have been struggling all year with a weak economy and unfair foreign competition. Recent national events have greatly exacerbated the situation," Mr. Miller (more) - 2 - said. "The solution to Bethlehem's problems will require hard work, creativity, and some sacrifices on all sides," he added, emphasizing that "we intend to intensify our efforts to work together with the steelworkers union and government leaders to rebuild this great company to a position of prosperity." The 59 year-old Stanford University and Harvard Law School graduate is well- suited for his new position at Bethlehem. "Beginning with my experience in 1980 in the rescue of the Chrysler Corporation, I have seen firsthand the miracles that can be accomplished when management, labor and government all come together. I intend to see that happen here at Bethlehem," said Mr. Miller. Mr. Miller is well known in industry and the financial community for his leading role as the chief negotiator with bank lenders and the government in helping to rescue Chrysler in the early eighties. His 12 years at Chrysler, where he served as a director, chief financial officer and later vice chairman, were preceded by 11 years at Ford Motor Company. Mr. Miller has also served as chief executive officer of Waste Management, Inc., the world's largest environmental services company, and as chairman of the engineering and construction company, Morrison Knudsen Corporation, during a financial crisis and successfully concluded an innovative turn-around of that company. He will continue as the non-executive chairman of the board of Federal Mogul Corporation, a seven billion dollar auto parts maker based in Detroit. Bethlehem's board of directors indicated that under Mr. Miller's leadership the Bethlehem senior management team has strengthened its skills and is better positioned to address the challenges that lie ahead. (more) - 3 - Mr. Miller and his wife, Margaret, will be moving to the Bethlehem area from their Oregon home. #