0000074303-17-000030.txt : 20170228 0000074303-17-000030.hdr.sgml : 20170228 20170227184456 ACCESSION NUMBER: 0000074303-17-000030 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20170222 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20170228 DATE AS OF CHANGE: 20170227 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OLIN CORP CENTRAL INDEX KEY: 0000074303 STANDARD INDUSTRIAL CLASSIFICATION: CHEMICALS & ALLIED PRODUCTS [2800] IRS NUMBER: 131872319 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01070 FILM NUMBER: 17643925 BUSINESS ADDRESS: STREET 1: OLIN CORP STREET 2: 190 CARONDELET PLAZA SUITE 1530 CITY: CLAYTON STATE: MO ZIP: 63105 BUSINESS PHONE: 3144801400 MAIL ADDRESS: STREET 1: OLIN CORP STREET 2: 190 CARONDELET PLAZA SUITE 1530 CITY: CLAYTON STATE: MO ZIP: 63105 FORMER COMPANY: FORMER CONFORMED NAME: OLIN MATHIESON CHEMICAL CORP DATE OF NAME CHANGE: 19691008 8-K 1 form8kschulzruppretirement.htm FORM 8-K Document




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): February 22, 2017


OLIN CORPORATION
(Exact name of registrant as specified in its charter)

Virginia
1-1070
13-1872319
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)

190 Carondelet Plaza, Suite 1530
Clayton, MO
(Address of principal executive offices)
63105
(Zip Code)

(314) 480-1400
(Registrant's telephone number, including area code)

(Former name or former address, if changed since last report)


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.

(b)
On February 22, 2017, Philip J. Schulz, a Class III Director of Olin Corporation (Olin), advised Olin that pursuant to the director retirement policy in Olin’s Principles of Corporate Governance, he would resign as an Olin Director, Chair of the Audit Committee, and member of the Audit Committee, Directors and Corporate Governance Committee and Executive Committee, effective on April 27, 2017 at the annual shareholders meeting.

Also on February 23, 2017, Joseph D. Rupp, announced to the Board of Directors his intention to retire as Chairman of the Board of Olin, effective on April 27, 2017 at the annual shareholders meeting.

A press release reporting the retirements of Mr. Schulz and Mr. Rupp, attached hereto as Exhibit 99.1, is incorporated herein by reference.

Item 8.01.    Other Events.

On February 23, 2017, the Board of Directors of Olin elected John E. Fischer as Chairman of the Board effective on April 27, 2017 after the annual shareholders meeting. Mr. Fischer will continue in his current positions as President and Chief Executive Officer.

On February 27, 2017, Olin issued the press release attached hereto as Exhibit 99.1, reporting such election, which is incorporated herein by reference.


Item 9.01.    Financial Statements and Exhibits.

(d) Exhibit No.
Exhibit
99.1
Press release issued February 27, 2017.






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.

 
OLIN CORPORATION
 
 
By:
/s/ George H. Pain
 
 
Name:
George H. Pain
 
 
Title:
Senior Vice President, General Counsel and Secretary

Date: February 27, 2017





EXHIBIT INDEX

Exhibit No.
Exhibit
99.1
Press release issued February 27, 2017.



EX-99.1 2 pr-schulzruppretirementfis.htm PRESS RELEASE DATED FEBRUARY 27, 2017 Exhibit

Exhibit 99.1

Investor Contact: Larry P. Kromidas
(314) 480-1452
Email: lpkromidas@olin.com
olinlogoanalystconf2017a01.gif News

Olin Corporation, 190 Carondelet Plaza, Suite 1530, Clayton, MO 63105

FOR IMMEDIATE RELEASE


Rupp to retire as Olin Chairman, CEO Fischer elected to succeed


Clayton, MO, February 27, 2017 - Today, Olin Corporation (NYSE: OLN) announced that Joseph D. Rupp will retire on April 27, 2017 as Chairman of the Olin Board of Directors after 45 years with the company. Olin President and Chief Executive Officer John E. Fischer will become Chairman, President and Chief Executive Officer effective the same day.

Under Rupp’s leadership, Olin accelerated its business transformation, becoming the world’s leading chlor alkali company, the leading producer of membrane grade caustic soda, epoxy materials, chlorinated organics, chlorine, industrial bleach and on purpose hydrochloric acid, and a leading U.S. manufacturer of small caliber ammunition. During his tenure as Chairman, Olin made several value-creating acquisitions and delivered growth and record financial performance.

“On behalf of Olin’s Board of Directors, we want to recognize Joe’s outstanding leadership and strategic vision in guiding Olin through one of the most important impactful time periods in its 125-year history,” said Richard Rompala, Olin’s independent lead director. “Joe’s leadership has transformed Olin and set the company on a solid path for future growth and success. We thank him for his many contributions and wish him the very best.”

Rupp, 66, served as Chairman since May 2016, Chairman and Chief Executive Officer from 2015-2016, Chairman, President and Chief Executive Officer from 2005-2014, and President and Chief Executive Officer from 2002-2005.

Fischer, 61, has served as President and Chief Executive Officer since May 2016 and President and Chief Operating Officer since 2014. He was Olin’s Chief Financial Officer from 2005-2014.  During his 32 years with Olin, he has served in a variety of key business and functional leadership roles in the United States. In addition to his prior financial and information technology responsibilities, Mr. Fischer led Olin’s strategic planning and the integration of the acquired businesses from The Dow Chemical Company into Olin.





COMPANY DESCRIPTION

Olin Corporation is a leading vertically-integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition.  The chemical products produced include chlorine and caustic soda, vinyls, epoxies, chlorinated organics, bleach and hydrochloric acid.  Winchester’s principal manufacturing facilities produce and distribute sporting ammunition, law enforcement ammunition, reloading components, small caliber military ammunition and components, and industrial cartridges.

Visit www.olin.com for more information on Olin.

2017-05


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