-----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, DaFalD8ReTiMCavEwaMv3u9CHrpCJOSy/lUaWaNWDT4dYrC5FfSC3g7OvHtv1BmE PAt8Z7sx1Sxv1SjrLJKr0A== 0000950137-06-005326.txt : 20060503 0000950137-06-005326.hdr.sgml : 20060503 20060503170202 ACCESSION NUMBER: 0000950137-06-005326 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20060427 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060503 DATE AS OF CHANGE: 20060503 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NUVEEN INVESTMENTS INC CENTRAL INDEX KEY: 0000885708 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] IRS NUMBER: 363817266 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11123 FILM NUMBER: 06804694 BUSINESS ADDRESS: STREET 1: 333 W WACKER DR CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3129177700 MAIL ADDRESS: STREET 1: 333 WEST WACKER DR CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: NUVEEN JOHN COMPANY DATE OF NAME CHANGE: 19930328 8-K 1 c04955e8vk.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): April 27, 2006 NUVEEN INVESTMENTS, INC. (Exact Name of Registrant as Specified in Charter) Delaware 1-11123 36-3817266 (State or Other Jurisdiction of (Commission (I.R.S. Employer Incorporation) File Number) Identification No.) 333 West Wacker Drive, Chicago, Illinois 60606 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (312) 917-7700 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: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule l4a-12 under the Exchange Act (17 CFR 240.l4a-12) [ ] Pre-commencement communications pursuant to Rule l4d- 2(b) under the Exchange Act (17 CFR 240.14d- 2(b)) [ ] Pre-commencement communications pursuant to Rule l3e-4(c) under the Exchange Act (17 CFR 240.l3e-4(c)) Item 5.02 Departure of Directors or Principal Officers: Election of Directors; Appointment of Principal Officers. (c) On April 27, 2006, Nuveen Investments, Inc. (the "Company") issued a press release announcing the appointment of Glenn R. Richter, 44, to its senior management team as Chief Administrative Officer, effective May 30, 2006. Mr. Richter currently serves as Executive Vice President and Chief Financial Officer of RR Donnelley & Sons, a position he has held since April 2005. Prior to that, Mr. Richter served as Executive Vice President and Chief Financial Officer of Sears, Roebuck and Co. ("Sears"). Mr. Richter joined Sears as Vice President and Controller in February 2000. He was named Senior Vice President, Finance in July 2001 and held that position until October 2002. Mr. Richter served as Chief Financial Officer of Sears since October 2002. He became Executive Vice President in 2004. Mr. Richter's annual base salary will be $500,000, and he will be entitled to a guaranteed minimum cash bonus for 2006 in the amount of $437,500, reflecting his partial year of employment with the Company. His target bonus for 2007 will be $800,000 to $1,000,000. Subject to Compensation Committee approval, upon joining the Company Mr. Richter will also receive $450,000 in restricted stock vesting in three years, $450,000 in restricted stock vesting in six years and $450,000 in stock options vesting in three years. These equity awards will be issued under the Company's 2005 Equity Incentive Plan. Mr. Richter will also receive an additional cash sign on bonus of $320,000, the full amount of which will be payable only if he is employed by the Company of February 1, 2007. If Mr. Richter is terminated other than for cause prior to January 1, 2008, he will be entitled to a severance payment of $500,000. He will also receive employee benefits provided to other senior executives. There is no arrangement or understanding between Mr. Richter and any other persons pursuant to which he was appointed as an executive officer. The press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. Item 9.01. Financial Statements and Exhibits. (c) Exhibits 99.1 Press release of Nuveen Investments, Inc. issued April 27, 2006 (filed herewith) 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 hereunto duly authorized. NUVEEN INVESTMENTS, INC. By: /s/ John L. MacCarthy ----------------------------------------- John L. MacCarthy Senior Vice President and General Counsel Dated: May 3, 2006 EXHIBIT INDEX Exhibit No. Description - ----------- ----------- 99.1 Press release of Nuveen Investments, Inc. issued April 27, 2006 (filed herewith) EX-99.1 2 c04955exv99w1.txt PRESS RELEASE [NUVEEN INVESTMENTS LOGO] FOR RELEASE AT 6:30 AM EDT CONTACT: Chris Allen (312) 917-8331 chris.allen@nuveen.com NUVEEN INVESTMENTS NAMES GLENN RICHTER AS CHIEF ADMINISTRATIVE OFFICER CHICAGO, April 27, 2006 - Nuveen Investments, a leading provider of diversified investment services, today announced that Glenn Richter has been named to the firm's senior management team as Chief Administrative Officer. This is a new senior management position established to support the Company's significant recent growth and future development efforts. Richter currently serves as Executive Vice President, Chief Financial Officer of RR Donnelley & Sons in Chicago. Prior to this, he was Executive Vice President and CFO of Sears, Roebuck and Co. and Chairman of Sears Canada, a publicly-traded affiliate of Sears. Richter's professional background includes finance and strategy positions at Dade Behring, a global medical diagnostics firm, and PepsiCo, after starting his career as a management consultant at McKinsey & Company. He will join Nuveen Investments at the end of May. "Glenn brings us a range of corporate experiences and perspectives that should contribute meaningfully to our continuing reinvestment in several business platforms as a result of our significant growth over the past several years," said Tim Schwertfeger, Chairman & CEO of Nuveen Investments. "With the addition of Glenn to our executive team, we strengthen our commitment to broaden our business platforms and maintain our focus on securing the long-term goals of our customers in a very high-quality manner." Nuveen Investments provides high-quality investment services designed to help secure the long-term goals of institutions and high-net-worth investors as well as the consultants and financial advisors who serve them. Nuveen Investments markets its highly specialized investment teams, each with its own brand name and area of expertise: NWQ, specializing in value-style equities; Nuveen, managing fixed-income investments; Santa Barbara, committed to growth equities; Tradewinds NWQ, specializing in global value equities; Rittenhouse, dedicated to "blue-chip" growth equities; and Symphony, with expertise in alternative investments as well as equity and credit strategies. The Company manages over $145 billion in assets. Nuveen Investments is listed on The New York Stock Exchange and trades under the symbol "JNC." ### NWQ NUVEEN RITTENHOUSE SANTA BARBARA SYMPHONY -----END PRIVACY-ENHANCED MESSAGE-----