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
January 24, 2006
(Date of earliest event reported)
Harsco Corporation
(Exact name of registrant as specified in its charter)
DE |
1-3970 |
23-1483991 |
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(State or other jurisdiction of incorporation) |
(Commission File Number) | (IRS Employer Identification No.) |
350 Poplar Church Road, Camp Hill PA, 17011 |
17011 |
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(Address of principal executive offices) | (Zip Code) |
Registrant's telephone number, including area code: 717-763-7064
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(b) 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 Principal Officers; Election of Directors; Appointment of Principal Officers
On January 26, 2006, Harsco Corporation (the "Company") announced that Salvatore D. Fazzolari has been appointed President, Chief Financial Officer and Treasurer of the Company. The Company's Board of Directors made the appointment on January 24, 2006. Derek C. Hathaway, previously Chairman of the Board, President and Chief Executive Officer will become Chairman of the Board and Chief Executive Officer.
Mr. Fazzolari, who is 53 years old, was previously Senior Vice President, Chief Financial Officer and Treasurer of the Company effective August 24, 1999. In addition, he has served as Director of the Company since January 2002. Mr. Fazzolari served as Senior Vice President and Chief Financial Officer from January 1998 to August 1999; as Vice President and Controller from January 1994 to December 1997; and as Controller from January 1993 to January 1994. Previously, Mr. Fazzolari served as Director of Auditing from 1985 to 1993 and in various auditing positions from 1980 to 1985.
Mr. Fazzolari does not have an employment agreement with the Company; however, he does have a Change in Control Severance Agreement, the form of which was previously filed as Exhibit 10.1 to the Company's Current Report on Form 8-K dated June 21, 2005.
A copy of the press release announcing this and other organizational changes is attached hereto and incorporated by reference herein as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
Exhibit 99.1. Press release dated January 26, 2006
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Harsco Corporation
(Registrant) |
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January 26, 2006
(Date) |
/s/ MARK E. KIMMEL
Mark E. Kimmel General Counsel and Corporate Secretary |
EXHIBIT 99.1
HARRISBURG, Pa., Jan. 26, 2006 (PRIMEZONE) -- Worldwide industrial services and products company Harsco Corporation (NYSE:HSC) announced today that its Board of Directors has, at its regular meeting held this week, approved several senior management appointments within the Company's corporate and operations leadership structure to support Harsco's accelerating business growth.
The Board approved the appointment of Salvatore D. Fazzolari as President of the Company in addition to his continuing role as Chief Financial Officer and Treasurer, a position he has held since 1999. Mr. Fazzolari has held a number of senior financial management positions within the Company during his more than 25 years of service and was elected to the Board of Directors in January 2002.
The Board also approved the appointments of Richard C. Neuffer as President of the Company's Engineered Products and Services business group, and James E. Cline as President of the Company's Harsco GasServ business group. Both Mr. Neuffer and Mr. Cline have held increasingly senior management roles in their respective parts of Harsco's operations, most recently at the Vice President and General Manager level.
In addition, the Board approved James M. Demitrieus as President of the Company's Patent Construction Systems division, where he will assume senior leadership responsibility for advancing Patent's growth within the Access Services business group. Mr. Demitrieus brings more than 30 years of international and corporate executive management experience to his position and most recently led the strategic turnaround and international expansion of a substantial construction services company based in Canada. Robert Safier will continue to serve the Patent division as Executive Vice President and General Manager in charge of operations.
Announcing the appointments, Harsco Chairman and Chief Executive Officer Derek C. Hathaway said, "Harsco's continuing growth necessitates a constant review of our organizational structure and apportionment of responsibilities. These appointments are a reflection of our ongoing reorganization and management change initiatives, designed to increase our operating and administrative efficiencies. As we continue to execute our growth strategies and deliver on our commitments for increased value to our stockholders, I believe this modified structure will best serve the needs of the Company in the medium term."
Harsco Corporation is a diversified, worldwide industrial services and products company with four market-leading business groups that provide mill services, access services, engineered products and services, and gas containment and control technologies to customers around the globe. The Company employs approximately 21,000 people in over 45 countries of operation. Additional information can be found at www.harsco.com.
The Harsco Corporation logo is available at: http://www.primezone.com/newsroom/prs/?pkgid=361
CONTACT: Harsco Corporation Media Contact Kenneth D. Julian (717) 730-3683 kjulian@harsco.com Investor Contact Eugene M. Truett (717) 975-5677 etruett@harsco.com