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

Date of report (Date of earliest event reported): June 1, 2020

_____________________

VERSO CORPORATION

(Exact name of registrant as specified in its charter)

Delaware	001-34056	75-3217389
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification Number)

8540 Gander Creek Drive

Miamisburg, Ohio 45342

(Address, including zip code, of principal executive offices)

(877) 855-7243

(Registrants’ 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:

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

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

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

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

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Class A common stock, par value $0.01 per share	VRS	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Item 5.02        Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain

           Officers; Compensatory Arrangements of Certain Officers.

On June 1, 2020, Kenneth D. Sawyer, Senior Vice President, Human Resources and Communications of Verso Corporation (“Verso”), notified Verso of his resignation from such position effective June 1, 2020. Mr. Sawyer is retiring and will remain with Verso through June 30, 2020 to assist with the transition to his successor, Terrence M. Dyer, who was appointed Senior Vice President, Human Resources and Communications of Verso, effective June 1, 2020.

Item 7.01        Regulation FD.

On June 1, 2020, Verso issued a press release regarding the management change disclosed under Item 5.02 of this Current Report on Form 8-K.

A copy of the press release is included as Exhibit 99.1 to this report.  The press release, including the information contained therein, is furnished pursuant to Item 7.01, is not to be considered “filed” under the Securities Exchange Act of 1934, as amended, and shall not be incorporated by reference into any of Verso’s previous or future filings under the Securities Act of 1933, as amended.

Item 9.01       Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number	Description of Exhibit
99.1	Press Release issued by Verso on June 1, 2020
104	Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

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.

Date: June 1, 2020
	VERSO CORPORATION
	By:	/s/ Allen J. Campbell
		Allen J. Campbell
		Senior Vice President and Chief Financial Officer

EX-99.1

Exhibit 99.1

Verso Corporation Appoints Terrence M. Dyer as Senior Vice President of Human Resources and Communications

MIAMISBURG, Ohio, June 1, 2020 /PRNewswire/ -- Verso Corporation (NYSE: VRS) today announced that Terrence M. Dyer has been appointed Verso's Senior Vice President, Human Resources and Communications, effective June 1, 2020.

"I am pleased to have Terry join Verso and our senior leadership team with responsibility for leading our human resources and communications initiatives that support our strategic business plans," said President and Chief Executive Officer Adam St. John. "Terry brings more than 20 years of human resources experience to Verso and has a solid reputation for companywide talent strategies that support current and future business performance, employee engagement and retention."

Mr. Dyer has served in human resources leadership roles at several Fortune 1000 companies, including Vice President and Chief Human Resources Officer at Worthington Industries; Vice President, Human Resources for Armstrong World Industries Inc.; and Human Resources Manager at Burlington Industries, Inc. Mr. Dyer holds a bachelor of arts degree in Psychology from East Carolina University, Greenville, North Carolina.

Mr. Dyer will replace predecessor Kenneth D. Sawyer who retired from Verso effective June 1, 2020. Mr. Sawyer will remain with Verso through the remainder of June to assist with the transition to Mr. Dyer.

"On behalf of the entire Board and senior leadership team, I would like to thank Kenny for his nearly 10 years of leadership and substantial contributions to Verso's success through many significant changes and challenges and wish him the very best during his retirement years," said St. John. "Additionally, Kenny's willingness and commitment to transition this important role to Terry prior to his departure is greatly appreciated."

About Verso Corporation
Verso Corporation is the turn-to company for those looking to successfully navigate the complexities of paper sourcing and performance. A leading North American producer of graphic and specialty papers, packaging and pulp, Verso provides insightful solutions that help drive improved customer efficiency, productivity, brand awareness and business results. Verso's long-standing reputation for quality and reliability is directly tied to our vision to be a company with passion that is respected and trusted by all. Verso's passion is rooted in ethical business practices that demand safe workplaces for our employees and sustainable wood sourcing for our products. This passion, combined with our flexible manufacturing capabilities and an unmatched commitment to product performance, delivery and service, make Verso a preferred choice among commercial printers, paper merchants and brokers, converters, publishers and other end users. For more information, visit us online at versoco.com.

Investor contact: investor.relations@versoco.com, 937-528-3220, or Media contact: Shawn Hall, Director, Communications, 937-528-3700, shawn.hall@versoco.com

XML

Document And Entity Information	Jun. 01, 2020
Cover [Abstract]
Entity Registrant Name	VERSO CORPORATION
Amendment Flag	false
Entity Central Index Key	0001421182
Document Type	8-K
Document Period End Date	Jun. 01, 2020
Entity Incorporation, State or Country Code	DE
Entity File Number	001-34056
Entity Tax Identification Number	75-3217389
Entity Address, Address Line One	8540 Gander Creek Drive
Entity Address, City or Town	Miamisburg
Entity Address, State or Province	OH
Entity Address, Postal Zip Code	45342
City Area Code	877
Local Phone Number	855-7243
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
Title of 12(b) Security	Class A common stock, par value $0.01 per share
Trading Symbol	VRS
Security Exchange Name	NYSE