0000088121-11-000015.txt : 20111222 0000088121-11-000015.hdr.sgml : 20111222 20111221182942 ACCESSION NUMBER: 0000088121-11-000015 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20111221 ITEM INFORMATION: Entry into a Material Definitive Agreement 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: 20111222 DATE AS OF CHANGE: 20111221 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SEABOARD CORP /DE/ CENTRAL INDEX KEY: 0000088121 STANDARD INDUSTRIAL CLASSIFICATION: [6221] IRS NUMBER: 042260388 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03390 FILM NUMBER: 111275470 BUSINESS ADDRESS: STREET 1: 9000 W. 67TH STREET CITY: SHAWNEE MISSION STATE: KS ZIP: 66202 BUSINESS PHONE: 9136768800 MAIL ADDRESS: STREET 1: 9000 W. 67TH STREET CITY: SHAWNEE MISSION STATE: KS ZIP: 66202 FORMER COMPANY: FORMER CONFORMED NAME: SEABOARD ALLIED MILLING CORP DATE OF NAME CHANGE: 19820328 FORMER COMPANY: FORMER CONFORMED NAME: HATHAWAY BAKERIES INC DATE OF NAME CHANGE: 19710315 8-K 1 k8122111.txt SEABOARD CORPORATION 8-K DATED DECEMBER 21, 2011 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) December 21, 2011 Seaboard Corporation (Exact name of registrant as specified in its charter) Delaware 1-3390 04-2260388 (State or other jurisdiction of (Commission (I.R.S. Employer incorporation) File Number) Identification No.) 9000 W. 67th Street, Shawnee Mission, Kansas 66202 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (913) 676-8800 Not Applicable (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: [ ] 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 1.01 Entry into a Material Definitive Agreement. On December 21, 2011, Terry J. Holton was appointed President and Chief Executive Officer of Seaboard Foods LLC. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. The information set forth in Item 1.01 above is incorporated herein by reference. Item 8.01 Other Events On December 21, 2011, Registrant issued a news release announcing that Terry J. Holton was appointed as President and Chief Executive Officer of Seaboard Foods LLC. The news release is attached here to as Exhibit 99.1. Item 9.01 Financial Statements and Exhibits (d) Exhibits. Registrant hereby furnishes the following exhibit pursuant to Item 8.01: 99.1 News release of Seaboard Foods dated December 21, 2011 announcing Terry J. Holton named Seaboard Foods President and Chief Executive Officer. 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 thereunto duly authorized. DATE: December 21, 2011 Seaboard Corporation by: /s/ Robert L. Steer Robert L. Steer, Executive Vice President, Chief Financial Officer EX-99.1 2 ex99-1p.txt PRESS RELEASE NAMING TERRY HOLTON AS SEABOARD FOODS PRESIDENT AND CEO Exhibit 99.1 News Release Terry J. Holton Named Seaboard Foods President and Chief Executive Officer SHAWNEE MISSION, KS (Dec. 21, 2011) - Seaboard Corporation announced today that Terry J. Holton has been appointed President and Chief Executive Officer of Seaboard Foods LLC. Holton, with more than 30 years of pork industry experience, is a 17-year veteran of Seaboard Foods and has been instrumental in leading the Company from a start-up operation in the mid- 1990s to a leading integrated food company producing and selling premium pork products throughout the United States and the world. Steve Bresky, President and Chief Executive Officer of Seaboard Corporation, says, "Terry brings with him a wealth of knowledge about the pork industry and has played an integral role in the success of Seaboard Foods. He believes in the strength and value of the integrated system and has a deep commitment to producing high-quality, consistent pork products for our customers. I'm confident he will continue to lead the company in a direction that will meet and exceed our domestic and international customers' expectations and will continue on the path of product innovation, company integrity and customer value." Holton joined Seaboard Foods in 1994 as Vice President of Processor Sales before the Company's Guymon, Oklahoma pork processing plant opened, and played a key role in developing customer-driven products from the Company's beginning. As the Company grew, his responsibilities expanded to oversight of international, retail and food service sales and marketing, and most recently he's served as Seaboard Foods Senior Vice President of Sales and Marketing. Holton succeeds Rod K. Brenneman, who was named President and Chief Executive Officer of Butterball, LLC, in September. Seaboard Corporation owns a 50-percent non-controlling voting interest in Butterball in partnership with Maxwell Farms, LLC. During Holton's tenure, sales have grown to more than $1.3 billion annually, and the Company has become an industry leader in supplying premium pork products to domestic and international markets. In addition, the Company expanded its business in both retail and food service, and introduced the PrairieFresh Premium Pork brand and the proprietary PrairieFresh Prime Cook-in Bag product line. In 2005, Seaboard Foods added bacon processing and processed meats sales with the purchase of Daily's Premium Meats. Holton says, "I'm excited to accept my new role with the Company. Over the past 17 years, I've had the privilege to be part of Seaboard Foods as we've built a reputation for unsurpassed food safety and quality products. I commit to Seaboard Foods' employees and customers to remain focused on delivering high-quality, consistent pork products, while working collaboratively to bring value to our customers and the Seaboard Foods integrated food system." In addition, to Holton's appointment, Gary Louis has been named Executive Vice President of Seaboard Foods and will report to Holton with leadership responsibilities for Live Operations and Business Services. He previously held the position of Vice President of Integrated Business Strategies. In addition, Duke Sand was promoted to Senior Vice President of Sales and Marketing, and had served as the vice president of international sales before assuming his new role. Seaboard Foods, with headquarters in Shawnee Mission, Kansas, is a leading integrated food company and a top exporter of U.S. pork to more than 30 countries. Pork products sold internationally bear the Seaboard Farms and St. Joe Pork brands. In the United States, Seaboard Foods markets fresh products under the PrairieFresh Premium Pork brand and processed meats under the Daily's Premium Meats brand. As part of the Company's sustainability commitment, Seaboard Foods formed High Plains Bioenergy, a subsidiary committed to creating sustainable energy solutions from the Seaboard Foods integrated system. For more information, visit www.SeaboardFoods.com. ###