-----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, NA8G+pjV5OXo+ND5WNG9eZPcHnnSfP9HF8r/x6TQ3CFsAa6/A/O8xOztRMUtRMOB g/VLwnCBaKclNcOikg8Tpg== 0000887730-99-000006.txt : 19990702 0000887730-99-000006.hdr.sgml : 19990702 ACCESSION NUMBER: 0000887730-99-000006 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 19990623 ITEM INFORMATION: FILED AS OF DATE: 19990701 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KEMET CORP CENTRAL INDEX KEY: 0000887730 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS & ACCESSORIES [3670] IRS NUMBER: 570923789 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-20289 FILM NUMBER: 99658196 BUSINESS ADDRESS: STREET 1: 2835 KEMET WAY CITY: SIMPSONVILLE STATE: SC ZIP: 29681 BUSINESS PHONE: 8039636300 MAIL ADDRESS: STREET 1: P O BOX 5928 STREET 2: 2835 KEMET WAY CITY: SIMPSONVILLE STATE: SC ZIP: 29681 8-K 1 1 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): June 23, 1999 KEMET Corporation - ------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 0-20289 57-0923789 - ------------------------------------------------------------------------------- (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) 2835 KEMET Way, Simpsonville, SC 29681 - ------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (864) 963-6300 2 Item 7. Financial Statements and Exhibits (a) Not Applicable (b) Not Applicable (c) Exhibits 99.1 Press Release, dated June 23, 1999, issued by the Company. 99.2 Press Release, dated June 23, 1999, issued by the Company. 3 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. KEMET Corporation Dated: July 1, 1999 By:/S/ D. Ray Cash --------------------------------- D. Ray Cash Senior Vice President of Administration, Treasurer and Assistant Secretary (Principal Accounting Officer and Financial Officer) EX-99.1 2 1 EXHIBIT 99.1 For Immediate Release - --------------------- KEMET NAMES NEW PRESIDENT AND CHIEF OPERATING OFFICER ----------------------------------------------------- GREENVILLE, SOUTH CAROLINA (June 23, 1999) - KEMET Corporation today announced that Charles M. Culbertson II has been named President and Chief Operating Officer of the Company. Mr. Culbertson, a 1971 graduate of Clemson University with a B.S. in Chemical Engineering, joined Union Carbide (KEMET's former parent company) in 1980 and held various positions of increasing responsibility in tantalum and ceramic process engineering and manufacturing between 1980 and 1989. He was named Plant Manager for KEMET's tantalum surface-mount capacitor manufacturing plant in Mauldin, South Carolina, in September 1989; Vice President for Tantalum Surface-Mount Capacitors in January 1995; and Vice President/General Manager of Tantalum Capacitors in January 1996. Since November 1997, Mr. Culbertson has served as Senior Vice President/General Manager for KEMET's Tantalum Business Unit. Mr. Culbertson is active in both professional and community organizations, including the American Institute of Chemical Engineers; the American Manufacturing Association; the Chambers of Commerce for Simpsonville, Mauldin, and Greenville; and the Business/Education Partnership Program in both Greenville and Laurens Counties. He also served as Chairman and Member of the Laurens County School Board for eight years. Mr. Culbertson and his wife, the former Dianne Tucker, have two sons: Chad, a graduate of the University of Tennessee, and Tucker, who graduated from Princeton University in May. The family attends Simpsonville United Methodist Church. "In his many years of service at KEMET, Charles Culbertson has been a major contributor, both individually and as a vital member of our management team, in strengthening our position as the leading manufacturer of tantalum capacitors in the world," said CEO and Chairman David E. Maguire. "We expect his leadership to play an important role in helping to ensure our continuing success." KEMET Corporation, headquartered in Greenville, South Carolina, is the largest manufacturer of solid tantalum capacitors in the world and the second largest manufacturer of multilayer ceramic capacitors in the United States. KEMET's common stock is listed on The Nasdaq Stock Market's National Market under the symbol KMET. Company information is available via the internet at http://www.kemet.com). Contact: Mr. Glenn H. Spears Senior Vice President and Secretary (864)963-6674 EX-99.2 3 1 EXHIBIT 99.2 For Immediate Release - --------------------- KEMET ANNOUNCES ORGANIZATIONAL CHANGES -------------------------------------- GREENVILLE, SOUTH CAROLINA (June 23, 1999) - In conjunction with their recent announcement of the promotion of Charles M. Culbertson II to President and Chief Operating Officer, KEMET Corporation today announced additional changes to its organizational structure. Harris L. Crowley, formerly Senior Vice President/General Manager, Ceramic, is appointed to the newly created position of Senior Vice President, Technology and Engineering. In this capacity, Mr. Crowley will be responsible for the technology and engineering functions for both KEMET's Tantalum and Ceramic Business Units. He will also be responsible for the development and introduction of new products, such as KEMET's exciting new KO Caps (KEMET Organic Tantalum Capacitors). James P. McClintock, formerly Vice President, Tantalum, transfers to the position of Vice President, U.S. Ceramic Operations, while Richard C. Rickenbach, formerly BME (Base Metal Electrode) Project Manager, is promoted to Director, U.S. Tantalum Operations. Both Mr. McClintock and Mr. Rickenbach will report to Mr. Culbertson. Dr. Larry A. Mann, formerly Director of Ceramic Technology, is promoted to Vice President of Ceramic Technology and Dr. Daniel F. Persico, formerly Director of Tantalum Technology, is promoted to Vice President of Tantalum Technology. Both Dr. Mann and Dr. Persico will report to Mr. Crowley. These moves are intended to strengthen KEMET's position in the development of new products and businesses, and will enable the implementation of the most effective technical and business practices across both the Tantalum and Ceramic Business Units. KEMET Corporation, headquartered in Greenville, South Carolina, is the largest manufacturer of solid tantalum capacitors in the world and the second largest manufacturer of multilayer ceramic capacitors in the United States. KEMET's common stock is listed on The Nasdaq Stock Market's National Market under the symbol KMET. Company information is available via the internet at http://www.kemet.com). Contact: Mr. Glenn H. Spears Senior Vice President (864)963-6674 -----END PRIVACY-ENHANCED MESSAGE-----