-----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, I5NefMND8jSG7xRkHS/pAYACrSztLnQ29UaZ7sfGqfilLbVNnycoCJR3+UeswgSj Qs4i2ziUzJHPF9OK7PrCFQ== 0000950157-02-000621.txt : 20020909 0000950157-02-000621.hdr.sgml : 20020909 20020909094400 ACCESSION NUMBER: 0000950157-02-000621 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020830 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020909 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BLOUNT INTERNATIONAL INC CENTRAL INDEX KEY: 0001001606 STANDARD INDUSTRIAL CLASSIFICATION: ORDNANCE & ACCESSORIES, (NO VEHICLES/GUIDED MISSILES) [3480] IRS NUMBER: 630780521 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11549 FILM NUMBER: 02759156 BUSINESS ADDRESS: STREET 1: PO BOX 949 STREET 2: 4520 EXECUTIVE PK DR CITY: MONTGOMERY STATE: AL ZIP: 36116-1602 BUSINESS PHONE: 3342444000 MAIL ADDRESS: STREET 1: P.O. BOX 949 STREET 2: 4520 EXECUTIVE PARK DRIVE CITY: MONTGOMERY STATE: AL ZIP: 36116-1602 8-K 1 form8k.txt CURRENT REPORT 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): August 30, 2002 - - - - - - - - - - - - - - - - - - - - - - - BLOUNT INTERNATIONAL, INC. (Exact name of registrant as specified in the charter) Delaware 001-11549 63-0780521 (State of other jurisdiction (Commission File (I.R.S. Employer of incorporation or organization Number) Identification No.) 4909 SE International Way 97222 Portland, Oregon (Zip Code) (Address of principal executive offices) (503) 653-8881 Registrant's telephone number, including area code 4520 Executive Park Drive, Montgomery, Alabama 36116-1602 (Former name or address, if changed since last report) 2 Item 5. Other Events. The press release issued by Blount International, Inc. on August 30, 2002, is attached hereto as Exhibit 99.1 and is incorporated hereto by this reference. Item 7. Financial Statements and Exhibits. (a) Financial Statements. None. (b) Pro Forma Financial Information. None. (c) Exhibits. 99.1 Press release dated as of August 30, 2002 issued by Blount International, Inc. 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 thereunto duly authorized. Blount International, Inc., Dated: September 6, 2002 By: /s/ Richard H. Irving, III ------------------------------------ Name: Richard H. Irving, III Title: Senior Vice President, General Counsel and Secretary 4 INDEX TO EXHIBITS Exhibit Number Description 99.1 Press release dated as of August 30, 2002 issued by Blount International, Inc. EX-99.1 3 ex99-1.txt PRESS RELEASE EXHIBIT 99.1 Page 1 of 2 Contact: Calvin E. Jenness Sr. Vice President, Chief Financial Officer and Treasurer 503-653-4573 Release: Immediately Blount Announces Organizational Changes Portland, OR, August 30, 2002 - Blount International, Inc. (NYSE: BLT) ("Blount") announced today that its Board of Directors elected James S. Osterman as President and Chief Executive Officer effective August 16, 2002, at its meeting on August 27, 2002. Mr. Osterman replaces Harold E. Layman who retired from the Corporation on August 15, 2002. Mr. Layman will remain as a director of Blount International, Inc. Mr. Osterman, a 43-year veteran of Blount and its predecessor company Omark Industries, began his career as an inventory planner. He became Omark's director of European operations in 1971, then was promoted to Vice President of Marketing in 1979. He assumed the Senior Vice Presidency of Marketing, Engineering and Manufacturing in 1985 and two years later was named president of Blount's Outdoor Products Group, a post he held for 15 years before being elected President and CEO of Blount. In addition to the election of Mr. Osterman, the Board also elected certain other officers of Blount Inc. and the management team recommended by Mr. Osterman, as follows: o Kenneth O. Saito was elected President of the Oregon Cutting Systems Group. Mr. Saito will have responsibility for the worldwide operations for Blount's chainsaw cutting chain, bar, and accessories businesses. Mr. Saito has over 27 years experience including roles within Finance, Marketing, and Operations. Most recently he was the Senior Vice President of Administration and Finance for Oregon Cutting Systems, Blount's largest operating division. o Leo J. Sillis was been elected to the newly-created position of Senior Vice President - Marketing and Logistics for the Corporation. Mr. Sillis will be responsible for coordinating worldwide marketing activities among Blount's companies as well as the management of the logistics operations. He has over 35 years experience with Blount in the International, Marketing, Finance, and Manufacturing areas. He most recently was Senior Vice President of Operations for Oregon Cutting Systems. o James L. VanderZanden was elected President - ICS. ICS is the manufacturer of specialty chain and chain saw products that are used within the concrete cutting industry. Mr. VanderZanden has been employed by Blount for 14 years and has been a part of the ICS business since its inception in 1992. Most recently he was General Manager for the ICS business. o Richard C. Lindsay was elected Senior Vice President - Human Resources of the Corporation. Mr. Lindsay has 36 years experience with Blount International in both Page 2 of 2 divisional and corporate roles. Mr. Lindsay will be responsible for the coordination of worldwide personnel policies and the administration of wage and benefit plans. o Calvin E. Jenness was elected Senior Vice President - Chief Financial Officer and Treasurer of the Corporation. Mr. Jenness joined Blount in 2000 as Vice President - Corporate Controller and was elected Treasurer in 2001. Prior to his employment with Blount, he held several financial positions with Sara Lee, Riverwood International, and Pepsico. The remaining management team of Blount International consists of Richard H. Irving, III, who will continue as Senior Vice President - General Counsel and Secretary and will relocate to Portland, Oregon; Dennis E. Eagan continuing as President of Industrial Products Equipment Group, and John P. Mowder continuing as President of Dixon Industries, Inc. Commenting on these announcements Mr. Osterman said, "With the completion of the relocation of the corporate office to Portland, Oregon from Montgomery, Alabama, I am pleased to have my new team in place! These talented executives are committed to the future success of Blount." Blount International, Inc. is a diversified international company operating in two principal business segments: Outdoor Products and Industrial and Power Equipment. Blount International, Inc. sells its products in more than 100 countries around the world. For more information about Blount International, Inc., please visit the website at http://www.blount.com. Forward-looking statements in this release, including without limitation the Company's "expectations," "beliefs," "indications," "estimates," "cautious optimism," and their variants, as defined by the Private Securities Litigation Reform Law of 1995, involve certain risks and actual results subsequent to the date of this announcement may differ materially. -----END PRIVACY-ENHANCED MESSAGE-----