-----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, VCZZJh4HqqfRM6sqgnq1aZ/7umfZiebxAo6GmD93gQbc+/GcrSu/AujjFQTCukuG qxXHZxX9OszA6h4A3AiwRw== 0001193125-08-109268.txt : 20080509 0001193125-08-109268.hdr.sgml : 20080509 20080509121241 ACCESSION NUMBER: 0001193125-08-109268 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080508 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20080509 DATE AS OF CHANGE: 20080509 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CALIFORNIA STEEL INDUSTRIES INC CENTRAL INDEX KEY: 0000751799 STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES ROLLING MILLS (COKE OVENS) [3312] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-79587 FILM NUMBER: 08816969 BUSINESS ADDRESS: STREET 1: 14000 SAN BERNARDINO AVENUE CITY: FONTANA STATE: CA ZIP: 92335 MAIL ADDRESS: STREET 1: 14000 SAN BERNARDINO AVENUE CITY: FONTANA STATE: CA ZIP: 92335 8-K 1 d8k.htm FORM 8-K Form 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

May 8, 2008

Date of Report (Date of Earliest Event Reported)

CALIFORNIA STEEL INDUSTRIES, INC.

(Exact name of Registrant as Specified in its Charter)

DELAWARE

(State Or Other Jurisdiction Of

Incorporation Or Organization)

 

333-79587   33-0051150
Commission File Number  

(I.R.S. Employer

Identification Number)

14000 SAN BERNARDINO AVENUE  
FONTANA, CALIFORNIA   92335
(Address Of Principal Executive Offices)   (Zip Code)

(909) 350-6200

(Registrant’s Telephone Number, Including Area Code)

 

 

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 communication under 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 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


ITEM 5.02(c) Election of Directors; Appointment of Certain Officers

In accordance with the policy of periodically rotating senior management positions between representatives of the Company’s shareholders, JFE Steel Corporation and Rio Doce Limited, a wholly owned subsidiary of Companhia Vale do Rio Doce, Mr. Vicente Wright, the current Chairman of the Board of Directors of the Company, has been selected to assume the position of President & Chief Executive Officer of the Company, effective July 1, 2008.

Mr. Wright is 55 years old and currently serves as Chairman of the Board of Directors of the Company, a position he has held since July 2004. He is also the Managing Director for the Iron Ore and Pellet Sales – Americas and the Commercial Administration Department of Vale. Mr. Wright was named President and Chief Executive Officer of the Company in February 2003, after serving as its CFO from 1998 to 2003. He has held various executive positions with Vale, as well as serving as a board member of several steel and ferroalloy organizations in Brazil and overseas. He graduated from Marquette University, Milwaukee, Wisconsin with a Bachelor’s Degree in Business Administration.

Effective July 1, 2008, Mr. Wright will be eligible to participate as an executive officer in the executive compensation system which is described in Item 11 of the Company’s Annual Report on Form 10-K for the Fiscal Year 2007 which was filed on March 25, 2008.

Mr. Wright will take the position of the current President and CEO, Mr. Masakazu Kurushima, who will assume a position on the Company’s Board of Directors and take over as the new Chairman of the Board effective July 1, 2008.

Mr. Kurushima has served as President and Chief Executive Officer of the Company since July 2004. Prior to his appointment, he served as President of JFE Steel America, Inc. He has served as Staff General Manager of the Export Department of JFE Steel Corporation, Tokyo. He joined Kawasaki Steel Corporation in 1972 after graduating from Waseda University, Japan, with a degree in Economics.


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 thereunto duly authorized.

 

May 8, 2008     CALIFORNIA STEEL INDUSTRIES, INC.
    By:    /s/ MASAKAZU KURUSHIMA
        Masakazu Kurushima,
        President and Chief Executive Officer
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