0000018172-18-000026.txt : 20181106 0000018172-18-000026.hdr.sgml : 20181106 20181106165155 ACCESSION NUMBER: 0000018172-18-000026 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20181105 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: 20181106 DATE AS OF CHANGE: 20181106 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CASTLE A M & CO CENTRAL INDEX KEY: 0000018172 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-METALS SERVICE CENTERS & OFFICES [5051] IRS NUMBER: 360879160 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05415 FILM NUMBER: 181163647 BUSINESS ADDRESS: STREET 1: 1420 KENSINGTON ROAD STREET 2: SUITE 220 CITY: OAK BROOK STATE: IL ZIP: 60523 BUSINESS PHONE: 8474557111 MAIL ADDRESS: STREET 1: 1420 KENSINGTON ROAD STREET 2: SUITE 220 CITY: OAK BROOK STATE: IL ZIP: 60523 8-K 1 form8-k2018x11x05.htm 8-K Document


 
 
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: November 5, 2018
(Date of earliest event reported)
 
 
A. M. CASTLE & CO.
(Exact name of registrant as specified in its charter)
 
Maryland 
(State or other jurisdiction of incorporation)
1-5415 
(Commission File Number)
36-0879160 
(IRS Employer Identification No.)
 
 
1420 Kensington Road, Suite 220
Oak Brook, IL 60523
 
(Address of principal executive offices)
 
 
Registrant’s telephone number including area code: (847) 455-7111
 
 
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 (see General Instruction A.2. below):
 
[ ] 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 13 e-4(c) under the Exchange Act (17 CFR 240.13 e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
 
 

1



Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 5, 2018, A.M. Castle & Co. (the “Company”) announced that the Board of Directors (the “Board”) appointed Marec Edgar to the position of President, effective immediately. He succeeds Steve Scheinkman, who will continue to serve as Chairman and Chief Executive Officer of the Company.
Mr. Edgar joined the Company in 2014 as Vice President and General Counsel. He was promoted to Executive Vice President, General Counsel & Chief Administrative Officer of the Company in 2015. Before joining the Company, he served in roles of increasing responsibility at Gardner Denver, Inc., most recently as Assistant General Counsel and Chief Compliance Officer.

Item 8.01    Other Information.
On November 5, 2018, the Company issued a press release announcing the appointment of Marec Edgar as President as described above. A copy of this press release is filed as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01
Financial Statements and Exhibits

Exhibit Number
 
Description
99.1
 
Press Release dated November 5, 2018








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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.
 
A. M. CASTLE & CO.
 
 
 
 
 
By:
/s/ Marec E. Edgar
November 6, 2018
 
Marec E. Edgar
 
 
President


3





EXHIBIT INDEX

 
 
 
Exhibit Number
 
Description
99.1
 




4
EX-99.1 2 a991pressrelease.htm EXHIBIT 99.1 Exhibit
EXHIBIT 99.1

form8kpressreleaseimage1a01.jpg
A.M. CASTLE & CO.
1420 Kensington Road
Suite 220
Oak Brook, IL 60523
P: (847) 455-7111
F: (847) 241-8171
For Further Information:

Brendan Geraghty
Edelman
(312) 297-7411
Email: Brendan.Geraghty@edelman.com

FOR IMMEDIATE RELEASE
NOVEMBER 5, 2018
A. M. CASTLE & CO. PROMOTES MAREC EDGAR TO PRESIDENT
Chairman & CEO Steve Scheinkman to Continue in These Roles
OAK BROOK, IL, November 05, 2018 - A. M. Castle & Co. (OTCQB: CTAM) (“Castle”), a global distributor of specialty metal and supply chain solutions, today announced that it has promoted Marec Edgar to the post of President. Chairman and Chief Executive Officer Steve Scheinkman, previously also Castle’s president, will continue in these roles, concentrating on the Company’s strategic growth initiatives.
“Marec has made invaluable contributions as A. M. Castle’s General Counsel and Chief Administrative Officer, and has become increasingly instrumental to the conduct of our business over the past several years.  As Marec has already assumed a direct leadership role in our day-to-day operations, I expect this to be a seamless transition, and I look forward to continuing to partner with him as we formally recognize his important new role with this transition,” Scheinkman said.
“Marec has consistently demonstrated his business acumen and leadership ability to the Board and me, giving us all a high degree of confidence in his ability to lead A. M. Castle’s day-to-day operations, including our profitability improvement and working capital initiatives. As President, he will continue to focus on creating value for our stakeholders and improving the Company’s profitability and working capital management. His appointment builds-out our senior leadership team, as I continue to focus on our Company’s long-term strategic initiatives and relationships,” Scheinkman added.
“I am humbled by and appreciative of Steve’s and the Board’s confidence. We have assembled an extraordinary group of senior leaders in this Company and I look forward to continuing to work as a team to meet our ambitious goals. Equally importantly, what I have seen from our front-line teams in the last several years has been an unbreakable commitment to our core values: Service, Quality, Ownership, Integrity & Safety, and Inclusion. We will continue to focus on these core principles as our pathway to regaining the market leadership position Castle held for so many years,” Edgar commented.
Edgar joined Castle in 2014 as Vice President and General Counsel. He was promoted to Executive Vice President, General Counsel & Chief Administrative Officer in 2015. Before joining Castle, he served in roles of increasing responsibility at Gardner Denver, Inc., ending as Assistant General Counsel and Chief Compliance Officer. He earned his undergraduate degree from MacMurray College and a Juris Doctor from the University of Illinois.

EX-1-



About A. M. Castle & Co.
Founded in 1890, A. M. Castle & Co. is a global distributor of specialty metal and supply chain services, principally serving the producer durable equipment, commercial aircraft, heavy equipment, industrial goods, construction equipment, and retail sectors of the global economy. Its customer base includes many Fortune 500 companies as well as thousands of medium and smaller sized firms spread across a variety of industries. It specializes in the distribution of alloy and stainless steels; nickel alloys; aluminum and carbon. Together, Castle and its affiliated companies operate out of 22 metals service centers located throughout North America, Europe and Asia. Its common stock is traded on the OTCQB® Venture Market under the ticker symbol “CTAM”.

EX-2-
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