-----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, EejinvhggVmoWhhLp9i0z2Hil9BoLTpsBe1LHNq78yWy2I7VqTd8JvzdZB5Akg/k R/lu0EjAYrRCKfRWD0TUjg== 0000842295-06-000079.txt : 20060817 0000842295-06-000079.hdr.sgml : 20060817 20060817152601 ACCESSION NUMBER: 0000842295-06-000079 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20060815 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060817 DATE AS OF CHANGE: 20060817 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TOR MINERALS INTERNATIONAL INC CENTRAL INDEX KEY: 0000842295 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INORGANIC CHEMICALS [2810] IRS NUMBER: 742081929 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-17321 FILM NUMBER: 061040741 BUSINESS ADDRESS: STREET 1: 722 BURLESON CITY: CORPUS CHRISTI STATE: TX ZIP: 78402 BUSINESS PHONE: 3618825175 MAIL ADDRESS: STREET 1: 722 BURLESON CITY: CORPUS CHRISTI STATE: TX ZIP: 78402 FORMER COMPANY: FORMER CONFORMED NAME: HITOX CORPORATION OF AMERICA DATE OF NAME CHANGE: 19920703 8-K 1 x8kcfo.htm FORM 8-K, ITEM 5.02, DEPARTURE OF PRINCIPAL OFFICER Form 8-K, CFO Resignation

 

  

UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington, DC 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 15, 2006

TOR Minerals International, Inc.
(Exact Name of Registrant as Specified in Its Charter)

Delaware
(State or Other Jurisdiction of Incorporation)

0-17321
(Commission File Number)

74-2081929
(IRS Employer Identification No.)

722 Burleson Street
Corpus Christi, Texas


78402

(Address of Principal Executive Offices)

(Zip Code)

(361) 883-5591
(Registrant’s Telephone Number, Including Area Code)

N/A
(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):

___

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))

1



ITEM 5.02             DEPARTURE OF PRINCIPAL OFFICER.

On August 17, 2006, TOR Minerals International (the “Company”), (NASDAQ: TORM) announced that Chief Financial Officer, Lawrence W. Haas, has resigned, effective August 28, 2006, to pursue other career interests.

Barbara Russell will serve as Acting Chief Financial Officer effective immediately.  She will report to Olaf Karasch, the Company’s President and CEO.  Ms. Russell, age 53, had served as the Company’s Controller since 1999.  Prior to joining TOR in 1997, she held the position of Chief Executive Officer at the South Texas Lighthouse for the Blind.

The terms of Ms. Russell’s compensation have not yet been determined.  In accordance with Instruction 2 of Item 5.02 of Form 8-K, the Company will amend this Current Report on Form 8-K within four business days after such information is determined or becomes available.

A copy of the press release relating to this Item 5.02 is furnished as Exhibit 99.1 to this Current Report on Form 8-K.  A copy of the press release is also available on its website at www.torminerals.com, under the News tab.

ITEM 9.01             FINANCIAL STATEMENTS AND EXHIBITS

(a)

Financial Statements of Businesses Acquired.
Not applicable.

(b)

Pro Forma Financial Information.
Not applicable.

(c)

Shell company transaction
Not applicable

(d)

Exhibits.

The following exhibit is furnished in accordance with the provisions of Item 601 of Regulation S-B:

Exhibit

Number                                  Description

    99.1                     Press Release, dated August 17, 2006, announcing the resignation of Lawrence W. Haas as Treasurer and CFO, effective August 28, 2006.

2



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 hereunto duly authorized.

TOR MINERALS INTERNATIONAL, INC.
_____________________
(Registrant)

Date:  August 17, 2006

/s/ OLAF KARASCH

Olaf Karasch
President and CEO

EXHIBIT INDEX

Exhibit No.

Description

 

99.1

Press Release, dated August 17, 2006, announcing the resignation of Lawrence W. Haas as treasurer and CFO, effective August 28, 2006.

3


EX-99 2 exhibit99.htm EXHIBIT 99.1, PRESS RELEASE EXHIBIT 99.1

 

 

EXHIBIT 99.1

 

TOR Minerals Announces Resignation of Chief Financial Officer

Corpus, Christi, Texas, August 17, 2006 – TOR Minerals International (NASDAQ: TORM), producer of natural titanium dioxide pigments and specialty aluminas, today announced that Chief Financial Officer Lawrence “Woody” Haas has resigned, effective August 28, to pursue other career interests.

“We thank Woody for his contributions to the company and wish him well in his new endeavor,” said Dr. Olaf Karasch, Chief Executive Officer of TOR Minerals.

The company said that Barbara Russell, Controller, will serve as acting Chief Financial Officer, until a permanent replacement is named.

Mr. Haas commented, "I appreciate the opportunity to have worked at TOR Minerals and wish the company great success under the leadership of Dr. Karasch."

Based in Corpus Christi, Texas, TOR Minerals is an international manufacturer of specialty mineral products for high performance applications with plants and regional offices located in the United States, Netherlands and Malaysia.

This statement provides forward-looking information as that term is defined in the Private Securities Litigation Reform Act of 1995, and, therefore, is subject to certain risks and uncertainties.  There can be no assurance that the actual results, business conditions, business developments, losses and contingencies and local and foreign factors will not differ materially from those suggested in the forward-looking statements as a result of various factors, including market conditions, general economic conditions, including the risks of a general business slow down or recession, the increasing cost of energy, raw materials and labor, competition, advances in technology, changes in foreign currency rates, freight price increases, commodity price increases, delays in delivery of requirement equipment and other factors.

Contact:
Dave Mossberg
Beacon Street Group
817-310-0051


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