-----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, EugSPcr8wer6lYHIHGuDo4fh/afDKXTl6XuF9iuG0cFKeBr8zN7DQqYHwkEbu+xm OmhRMs5/QG3Ui3y/ZxI2Ig== 0000950135-07-002091.txt : 20070405 0000950135-07-002091.hdr.sgml : 20070405 20070405124622 ACCESSION NUMBER: 0000950135-07-002091 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070401 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20070405 DATE AS OF CHANGE: 20070405 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WELLMAN INC CENTRAL INDEX KEY: 0000812708 STANDARD INDUSTRIAL CLASSIFICATION: PLASTIC MAIL, SYNTH RESIN/RUBBER, CELLULOS (NO GLASS) [2820] IRS NUMBER: 041671740 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10033 FILM NUMBER: 07751237 BUSINESS ADDRESS: STREET 1: 595 SHREWSBURY AVENUE CITY: SHREWSBURY STATE: NJ ZIP: 07702 BUSINESS PHONE: (732)212-3300 MAIL ADDRESS: STREET 1: P.O. BOX 31331 CITY: CHARLOTTE STATE: NC ZIP: 28231 8-K 1 b64870wie8vk.htm WELLMAN, INC. e8vk
 

 
 
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)
April 1, 2007
Wellman, Inc.
(Exact name of registrant as specified in its charter)
         
Delaware
(State or other jurisdiction
of incorporation) 		  1-10033
(Commission File Number) 		  04-1671740
(IRS Employer Identification No.)
     
1041 521 Corporate Center Drive
Fort Mill, South Carolina
(Address of principal executive offices) 		  29715
(Zip Code)
Registrant’s telephone number, including area code: (803) 835-2000
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:
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.
  (a)   Not applicable.
 
  (b)   We previously announced that we are streamlining our organization in an effort to improve our ability to deliver high quality, value-added products to our customers and allow us to operate with a more efficient cost structure. As a result of this realignment of the organization, effective April 1, 2007, Mark Ruday, formerly Controller and Chief Accounting Officer, will assume the role of Vice President of Business Operations.
 
  (c)   Effective April 1, 2007, David Styka replaced Mark Ruday as Controller and Chief Accounting Officer. Mr. Styka joined Wellman, Inc. in 1993 and has served as Tax Director since 1998. He is also the Assistant Secretary for Wellman, Inc.
 
      David Styka is not a party to any material plan, contract or arrangement with the Company, except that he participates in the Wellman, Inc. Third Amended and Restated Management Incentive Compensation Plan for the Executive Group; the Wellman, Inc. Restricted Stock Plan, effective June 1, 2004; the Wellman, Inc. Retirement Plan; the Wellman, Inc. Amended and Restated 1997 Stock Option Plan; and is indemnified as an officer of the Company and benefits from the Company’s Directors and Officers insurance. In response to his increased responsibilities, our Board of Directors approved an increase in Mr. Styka’s annual salary from $143,900 to $162,000, and awarded him 10,000 shares of restricted stock under Wellman Inc.’s Restricted Stock Plan.
 
      All such plans, contracts or arrangements to which Mr. Ruday is a party were described in the Company’s most recent proxy statement.
 
  (d)   Not applicable.
 
  (e)   Not Applicable
 
  (f)   Not Applicable

 

 

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.
         
  Wellman, Inc.
 		  
April 5, 2007  /s/ David R. Styka    
  David R. Styka    
  Vice President, Chief Accounting Officer and Controller   
 

 

-----END PRIVACY-ENHANCED MESSAGE-----