-----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, B4Qzh+XwCicuIlrbp9EwK0p3oXa1ar10PM7za8Bg5uUqLPekPkH1xW8qk2U6up95 ZPX1AGiFenYZy/WtrMR1Sw== 0001104659-10-044673.txt : 20100816 0001104659-10-044673.hdr.sgml : 20100816 20100816172806 ACCESSION NUMBER: 0001104659-10-044673 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20100810 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100816 DATE AS OF CHANGE: 20100816 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UNITED STATIONERS INC CENTRAL INDEX KEY: 0000355999 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-PAPER AND PAPER PRODUCTS [5110] IRS NUMBER: 363141189 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-10653 FILM NUMBER: 101021179 BUSINESS ADDRESS: STREET 1: ONE PARKWAY NORTH BOULEVARD CITY: DEERFIELD STATE: IL ZIP: 60015-2559 BUSINESS PHONE: 847-627-7000 MAIL ADDRESS: STREET 1: ONE PARKWAY NORTH BOULEVARD CITY: DEERFIELD STATE: IL ZIP: 60015-2559 8-K 1 a10-15980_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

 

Date of Report (Date of earliest event reported)  August 16, 2010 (August 10, 2010)

 

UNITED STATIONERS INC.

(Exact name of registrant as specified in its charter)

 

Delaware

 

0-10653

 

36-3141189

(State or other jurisdiction
of incorporation)

 

(Commission File Number)

 

(IRS Employer
Identification No.)

 

One Parkway North Blvd.

Suite 100

Deerfield, Illinois

 

60015-2559

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code (847) 627-7000

 

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 (see General Instruction A.2. below):

 

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 240.13e-4(c))

 

 

 



 

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

 

On August 16, 2010, United Stationers Inc. (the “Registrant”) announced that on August 10, 2010, P. Cody Phipps, age 48, was appointed by the Board of Directors to serve as the Registrant’s President and Chief Operating Officer, such appointment to be effective as of September 1, 2010.  Mr. Phipps will hold such office until his successor is appointed and qualified or until his earlier removal or resignation.

 

Mr. Phipps joined the Registrant in August, 2003 as Senior Vice President, Operations. In October 2006, Mr. Phipps was promoted to his current position of President, United Stationers Supply for the Registrant’s wholly-owned subsidiary, United Stationers Supply Co.

 

Mr. Phipps is a party to an Executive Employment Agreement with the Registrant, the form of which has been described in, and filed as an exhibit to, the Registrant’s prior SEC filings.

 

A Press Release announcing the appointment of Mr. Phipps to President and Chief Operating Officer of the Registrant is attached as Exhibit 99 and incorporated herein by reference.

 

Item 9.01                                             Financial Statements and Exhibits.

 

The following exhibit is filed herewith:

 

99              Press Release, dated August 16, 2010, appointing P. Cody Phipps to President and Chief Operating Officer

 

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, thereunto duly authorized.

 

 

UNITED STATIONERS INC.

 

 

 

 

Date: August 16, 2010

/s/Eric A. Blanchard

 

Senior Vice President, General Counsel and Secretary

 

2



 

UNITED STATIONERS INC.

EXHIBIT INDEX TO CURRENT REPORT ON FORM 8-K

DATED AUGUST 16, 2010

 

Exhibit No.

 

Description

 

Method of Filing

 

 

 

 

 

99

 

Press Release, dated August 16, 2010, appointing P. Cody Phipps to President and Chief Operating Officer

 

Included herewith

 

3


EX-99 2 a10-15980_1ex99.htm EX-99

Exhibit 99

 

 

news release

 

Executive Offices

For Further Information Contact:

One Parkway North Blvd.

 

Suite 100

 

Deerfield, IL 60015-2559

Richard W. Gochnauer

 

Chief Executive Officer

 

or

 

Victoria J. Reich

 

Sr. Vice President and Chief Financial Officer

 

United Stationers Inc.

 

(847) 627-7000

 

UNITED STATIONERS ANNOUNCES SENIOR MANAGEMENT CHANGES

 

DEERFIELD, Ill., August 16, 2010 — United Stationers Inc. (NASDAQ: USTR), a leading North American wholesale distributor of business products, today announced that P. Cody Phipps has been promoted to the position of president and chief operating officer of the company, effective September 1, 2010.  He will report to Richard W. Gochnauer, who will remain chief executive officer.

 

Mr. Phipps, 48, joined the company in 2003 as senior vice president, operations and was promoted to president, United Stationers Supply in 2006.  He has been instrumental in driving growth and obtaining operating efficiencies in the company’s largest operating unit and has made a significant positive impact on overall company results.  In his new role, Phipps will have leadership responsibility for all operating units and key strategic initiatives.

 

Todd Shelton, 43, President, Lagasse, has been promoted to president, United Stationers Supply, replacing Phipps.  He will report to Phipps and serve as a member of the Senior Leadership Team.  Shelton joined Lagasse, the company’s janitorial and breakroom supplies division in 2001 as vice president, finance and was then promoted to chief operating officer of Lagasse in 2005.  In 2008, he was appointed to the position of president of Lagasse and was responsible for leading the development and execution of strategic business initiatives and the delivery of operating plans and goals.

 

“Today’s announcement demonstrates the bench strength of our leadership team,” said Richard W. Gochnauer, chief executive officer.  “Both Cody and Todd are well-rounded leaders and have demonstrated the qualities and insights to help us drive long-term profitable growth for our shareholders, while delivering innovative solutions and value to customers and suppliers, and opportunities for our associates.  I believe these leadership enhancements will further position the company to continue delivering outstanding results.”

 

Forward-Looking Statements

 

This news release contains forward-looking statements, including references to goals, plans, strategies, objectives, projected costs or savings, anticipated future performance, results or events and other statements that are not strictly historical in nature. These statements are based on management’s current expectations, forecasts and assumptions. This means they involve a number of risks and uncertainties that could cause actual results to differ materially from those expressed or implied here. These risks and uncertainties include, but are not limited to the following: United’s ability to effectively manage its operations and to implement general cost-reduction and margin-enhancement initiatives; United’s reliance on key customers, and the business, credit and other risks inherent in continuing or increased customer concentration; United’s reliance on independent dealers for a significant percentage of its net sales and therefore the importance of the continued independence, viability and success of these dealers; prevailing economic conditions and changes affecting the business products industry and the general economy; continuing or increasing competitive activity and pricing pressures within existing or expanded product categories, including competition from product manufacturers who sell directly to United’s customers; United’s reliance on key suppliers and the supplier allowances and promotional incentives they provide; the impact of variability in supplier pricing, allowance programs, promotional incentives and other terms, conditions and policies; the availability of financing sources to meet United’s business needs; the impact of variability in customer and end-user demand patterns on United’s product offerings and sales mix and, in turn, on customer rebates payable and supplier allowances earned by United; United’s ability to maintain its existing information technology e-commerce systems and to successfully procure and implement new systems without business disruption or other unanticipated difficulties or costs; United’s ability to effectively identify, consummate and integrate acquisitions; United’s reliance on key management personnel, both in day-to-day operations and in execution of new business initiatives; and the effects of hurricanes, acts of terrorism and other natural or man-made disruptions.

 

-more-

 



 

Shareholders, potential investors and other readers are urged to consider these risks and uncertainties in evaluating forward-looking statements and are cautioned not to place undue reliance on the forward-looking statements. For additional information about risks and uncertainties that could materially affect United’s results, please see the company’s Securities and Exchange Commission filings.  The forward-looking information in this news release is made as of this date only, and the Company does not undertake to update any forward-looking statement.  Investors are advised to consult any further disclosure by United regarding the matters discussed in this release in its filings with the Securities and Exchange Commission and in other written statements it makes from time to time.  It is not possible to anticipate or foresee all risks and uncertainties, and investors should not consider any list of risks and uncertainties to be exhaustive or complete.

 

Company Overview

 

United Stationers Inc. is a leading wholesale distributor of business products, with 2009 net sales of approximately $4.7 billion.  The company stocks approximately 100,000 items, including technology products, traditional office products, janitorial and breakroom supplies, office furniture, and industrial supplies.  A network of 64 distribution centers allows it to deliver these products to over 25,000 reseller customers.  This network, combined with United’s depth and breadth of inventory, enables the company to ship most products overnight to more than 90% of the U.S. and major cities in Mexico. For more information, visit www.unitedstationers.com.

 

United Stationers’ common stock trades on the NASDAQ Global Select Market under the symbol USTR.

 

-##-

 

2


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