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): December 19, 2014

 

 

Ryerson Holding Corporation

(Exact name of registrant as specified in its charter)

 

 

Delaware

(State or other jurisdiction of incorporation)

001-34735

(Commission File Number)

26-1251524

(I.R.S. Employer Identification No.)

227 West Monroe, 27th Floor, Chicago, IL 60606

(Address of principal executive offices and zip code)

(312) 292-5000

(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 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 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.

(b) On December 19, 2014, Ryerson Holding Corporation (the “Company”) announced that Michael C. Arnold, President and Chief Executive Officer of the Company, would be retiring from his positions with the Company and its subsidiaries in 2015. An exact date for Mr. Arnold’s retirement has not yet been determined.

 

Item 8.01. Other Events.

On December 19, 2014, the Company issued a press release in connection with the announcement of the retirement of Michael C. Arnold described under Item 5.02 above. The Press Release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

The following exhibit is being filed with this Current Report on Form 8-K:

 

  99.1     Press Release, dated December 19, 2014

 

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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.

Dated: December 19, 2014

 

RYERSON HOLDING CORPORATION
By:  

/s/ Edward J. Lehner

Name:   Edward J. Lehner
Title:   Executive Vice President & Chief Financial Officer

 

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Exhibit Index

 

Exhibit

#

   

Description

99.1    Press Release, dated December 19, 2014

 

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Exhibit 99.1

FOR IMMEDIATE RELEASE

For additional information contact:

Chris Bona

Ryerson

312.292.5052

investorinfo@ryerson.com

Ryerson President and CEO Michael C. Arnold to Retire in 2015

CHICAGO, IL – December 19, 2014 – Ryerson Holding Corporation (NYSE: RYI), a leading distributor and processor of metals, announced today that President and Chief Executive Officer Michael C. Arnold informed Ryerson’s Board of Directors of his intent to retire next year. He has served as Ryerson’s President and Chief Executive Officer since January 2011.

“Mike has been a strong leader for Ryerson and has helped guide the transformation of the business,” said Jacob Kotzubei, a director on Ryerson’s Board of Directors. “We are grateful for Mike’s service over the past four years. He is an accomplished leader who has had a long and distinguished career, and we wish him well in retirement.”

Prior to joining Ryerson, Mr. Arnold spent over 31 years at The Timken Company, a global manufacturer of steel, bearings and related components.

Mr. Kotzubei said that specific timing for a transition has not yet been determined, though a new Chief Executive Officer could be in place as soon as Q1 2015. Mr. Arnold has committed to staying on as long as necessary to ensure a smooth transition.

“We have ample opportunity to conduct a comprehensive and thoughtful succession planning process,” said Mr. Kotzubei. “We will evaluate a wide range of candidates, both internally and externally, to identify the best person to lead Ryerson after Mike steps down.”

Mr. Arnold serves on the board of directors of AGCO Corporation, is a Director on The University of Akron Foundation, as well as a member of The University of Akron’s Engineering Advisory Council, and serves on the Executive Committee of the Metals Service Center Institute. He holds a Bachelor’s degree in Mechanical Engineering and a Master’s degree in Sales and Marketing, both from The University of Akron.

About Ryerson

Ryerson is a leading North American processor and distributor of metals, with operations in the United States, Mexico, Canada, China and Brazil. The company serves several industries including oil and gas, industrial equipment, transportation equipment, heavy equipment and electrical machinery. Founded in 1842, Ryerson is headquartered in the United States and employs approximately 4,000 employees in more than 100 locations. Visit Ryerson at www.ryerson.com.

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