0001193125-12-121755.txt : 20120319 0001193125-12-121755.hdr.sgml : 20120319 20120319170702 ACCESSION NUMBER: 0001193125-12-121755 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20120313 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: 20120319 DATE AS OF CHANGE: 20120319 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RYERSON INC. CENTRAL INDEX KEY: 0000790528 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-METALS SERVICE CENTERS & OFFICES [5051] IRS NUMBER: 363425828 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09117 FILM NUMBER: 12701295 BUSINESS ADDRESS: STREET 1: 2621 WEST 15TH PLACE CITY: CHICAGO STATE: IL ZIP: 60608 BUSINESS PHONE: 7737622121 MAIL ADDRESS: STREET 1: 2621 WEST 15TH PLACE CITY: CHICAGO STATE: IL ZIP: 60608 FORMER COMPANY: FORMER CONFORMED NAME: RYERSON TULL INC /DE/ DATE OF NAME CHANGE: 19990301 FORMER COMPANY: FORMER CONFORMED NAME: INLAND STEEL INDUSTRIES INC /DE/ DATE OF NAME CHANGE: 19920703 8-K 1 d318025d8k.htm FORM 8-K 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

Date of Report (Date of earliest event reported): March 19, 2012 (March 13, 2012)

 

 

Ryerson Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   333-152102   36-3425828

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

227 West Monroe, 27th Floor, Chicago, IL 60606

(312) 292-5000

(Address of principal executive offices and telephone number)

 

 

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))

 

 

 


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

Resignation of Executive Vice President and Chief Financial Officer

On March 13, 2012, following 17 years of service, Terence R. Rogers resigned as Executive Vice President and Chief Financial Officer of Ryerson Inc. (the “Company”) and all of its direct and indirect subsidiaries, effective as of April 12, 2012. Mr. Rogers will be leaving his position with the Company to take on the role of Chief Financial Officer for another Chicago-based enterprise. The Company is currently recruiting Mr. Rogers’ replacement and will announce his successor when a candidate has been selected. In the interim, pursuant to the terms of an offer letter, William S. Johnson will serve as the Company’s Interim Chief Financial Officer, effective April 12, 2012. Pursuant to the terms of the offer letter, Mr. Johnson will be entitled to receive $20,000 per month for the first three months of service and $25,000 per month thereafter. Additionally, Mr. Johnson will be entitled to a $25,000 bonus upon completing three months of service. Mr. Johnson (age 54) brings over 20 years of experience in the metals distribution, fabrication and services industry having worked as Chief Financial Officer for both PNA Group and E.M. Jorgensen. Mr. Johnson is a certified public accountant in the State of Ohio and holds a Master’s Degree in Business from Mercer University Georgia.

A copy of the Company’s press release announcing Mr. Roger’s resignation and the appointment of Mr. Johnson as Interim Chief Financial Officer is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

The following exhibits are being filed with this Current Report on Form 8-K:

 

  99.1 Press Release, dated March 14, 2012

 

- 2 -


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.

Dated: March 19, 2012

 

RYERSON INC.
By:   /s/ Michael C. Arnold
  Name: Michael C. Arnold
  Title: Chief Executive Officer and President


EXHIBIT INDEX

 

Exhibit Number    Description
99.1    Press Release, dated March 14, 2012.
EX-99.1 2 d318025dex991.htm PRESS RELEASE, DATED MARCH 14, 2012 Press Release, dated March 14, 2012

Exhibit 99.1

 

LOGO

For additional information contact:

Barbara Childs

Ryerson Inc.

312-292-5011

barbara.childs@ryerson.com

FOR IMMEDIATE RELEASE

RYERSON NAMES INDUSTRY VETERAN WILLIAM S. JOHNSON INTERIM CFO

Terence Rogers to Leave Ryerson,

Metal Service Center Industry to Pursue New Opportunity

CHICAGO, IL – March 14, 2012 – Ryerson Inc., a leading processor and distributor of metals in North America, today announced the appointment of William S. Johnson to the position of interim Chief Financial Officer (CFO) effective April 12, 2012. Mr. Johnson, 54, will replace Terence Rogers, 52, who is leaving Ryerson to pursue a new career opportunity outside of the metal service center industry.

“We wish Terry all the best and are grateful for his many years of service,” said Ryerson CEO Mike Arnold. “We are now conducting a global search for a long-term replacement. In the meantime, Bill Johnson is a proven CFO with more than 15 years of experience in metals distribution and he is uniquely qualified to step in during the transition.”

Mr. Johnson was most recently CFO at Brinderson Engineers & Construction in Costa Mesa, Calif. Prior to that he was CFO at PNA Group, a North American processor and distributor of metals products that was previously owned by Platinum Equity, currently Ryerson’s largest shareholder. Mr. Johnson was also formerly CFO at California-based steel service center Earle M. Jorgensen Company.

About Ryerson Inc.

Ryerson Inc., a Platinum Equity company, is a leading North American processor and distributor of metals, with operations in the United States, Mexico, Canada, China and Brazil. The Company distributes and processes various kinds of metals, including stainless and carbon steel and aluminum products.

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