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 18, 2016

SIFCO Industries, Inc.

(Exact name of registrant as specified in its charter)

Ohio	1-5978	34-0553950
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
970 East 64th Street, Cleveland Ohio		44103
(Address of principal executive offices)		(ZIP Code)

Registrant’s telephone number, including area code: (216) 881-8600

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):

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.

SIFCO Industries, Inc. (“SIFCO or Company”), announced that Michael S. Lipscomb, Chief Executive Officer, will retire in the second half of 2016. Mr. Lipscomb will remain in his role until a successor is named and will continue as Chairman of the Board during a transition period. Executive recruiting firm, Spencer Stuart, has been retained to conduct a thorough search for a successor CEO with the skills and experience to lead the Company forward. The Company issued a press release announcing such retirement, which is attached as an exhibit to this Report.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1 Press release of SIFCO Industries, Inc., dated March 18, 2016.

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.

	SIFCO Industries, Inc.
	(Registrant)
Date: March 18, 2016
	/s/ Salvatore Incanno
	Salvatore Incanno
	Vice President – Finance and Chief Financial Officer
	(Principal Financial Officer)

EX-99.1

SIFCO Industries, Inc. Announces Planned Retirement of CEO

Michael S. Lipscomb

CLEVELAND - March 18, 2016 - SIFCO Industries, Inc. (NYSE MKT: SIF) (“SIFCO or Company”), a leading international provider of highly engineered forgings and machined components for the military and commercial aerospace and energy markets, today announced that Michael S. Lipscomb will retire as CEO of the Company in the second half of 2016. Executive recruiting firm, Spencer Stuart, has been retained to conduct a thorough search for a successor CEO with the skills and experience to lead the Company forward. Mr. Lipscomb will remain in his role until a successor is named and will continue as Chairman of the Board during a transition period.

Lipscomb, who turns 70 this summer, has been the Company’s CEO since 2009. He was elected to the Board of Directors in 2010 and appointed Chairman of the Board in 2015.

“I am proud to have been part of SIFCO and of the important things my team and I have accomplished during a period of both successes and challenges,” Lipscomb said. “Now is the right time for a new leader to continue to build on the growth foundation we have put in place.”

Lead Director Norman E. Wells, Jr. said, “The Board is grateful for Mike’s leadership of SIFCO during a transformative period for the Company. He has been instrumental in focusing the Company’s strategy and expanding its forging footprint and end markets. Looking ahead, we intend to continue to drive growth and operational excellence throughout the Company.”  

Forward-Looking Language

Certain statements contained in this press release are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future business development activities, and are thus prospective. Such forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to, economic conditions, challenges associated with any management transition, competition and other uncertainties detailed from time to time in the Company's Securities and Exchange Commission filings.

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Contacts

SIFCO Industries, Inc.

Salvatore Incanno, Vice President and Chief Financial Officer, 216-881-8600

www.sifco.com