UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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
Pursuant To Section 13 OR 15(d) of The Securities Exchange Act of 1934
|
Date of Report (Date of earliest event reported):
|
|
|
|
(Exact name of registrant as specified in its charter)
|
|
|
|
|
|
|
|
(State or other jurisdiction
of incorporation) |
(Commission File
Number) |
(IRS Employer
Identification No.) |
|
|
|
|
|
(Address of principal executive offices)
|
(Zip Code)
|
|
(
|
||
|
(Registrant's telephone number, including area code)
|
||
|
Title of each class
|
Trading Symbol
|
Name of exchange on which registered
|
||
|
|
|
|
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)) |
|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405)
or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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. [ ]
|
|
Item 5.02
Departure of Directors or Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 17, 2021, Minerals Technologies Inc. (the “Company”) announced that its Board of Directors has unanimously elected Douglas T. Dietrich, the
Company’s Chief Executive Officer, to serve in the additional position of Chairman of the Board, effective immediately. Mr. Dietrich succeeded Duane R. Dunham, who will retire as a member of the Board of Directors when his term expires at the
Company’s 2023 Annual Meeting of Shareholders. In addition, Robert L. Clark has been appointed to the newly created position of Lead Independent Director, effective immediately. A copy of the press release is attached hereto as Exhibit 99.1
and incorporated by reference herein.
|
|||
Item 9.01 Financial
Statements and Exhibits.
(d) Exhibits
104 Cover Page Interactive Data File (formatted as inline XBRL)
|
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.
|
|
|
|
|
MINERALS TECHNOLOGIES INC.
|
|
|
|
|
(Registrant)
|
|
|
|
|
|
|
|
|
|
|
|
|
By:
|
/s/ Thomas J. Meek
|
||
|
|
|
Name:
|
Thomas J. Meek
|
|
Title:
|
Senior Vice President, General Counsel, Secretary and Chief Compliance Officer
|
||
|
Date: March 23, 2021
|
|
|
|
| EXBIBIT 99.1 |
|
 |
News Release
|
|
Investor Contact:
Erik Aldag, (212) 878-1831
|
|
|
March 17, 2021
|
Media Contact:
Michael Landau, (212) 878-1840
|
Minerals Technologies Elects Douglas T. Dietrich Chairman of the Board
NEW YORK – Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that its Board of Directors has unanimously elected Douglas T.
Dietrich, MTI’s Chief Executive Officer and a member of the Board since 2016, to serve in the additional position of Chairman of the Board, effective immediately. Mr. Dietrich will be succeeding Duane R. Dunham who has been a director since 2002 and
the Company’s Chairman since 2016. Mr. Dunham will retire as a member of the Board of Directors when his term expires at the 2023 Annual Meeting of Shareholders.
In addition, Robert L. Clark has been appointed to the newly created position of Lead Independent Director, effective immediately. Dr. Clark, who has been a
member of the MTI Board since 2009, is the Provost and Senior Vice President for Research at the University of Rochester. Among other responsibilities, the new Lead Independent Director will play an active role in setting future agendas for MTI Board
meetings, preside at meetings of independent directors, serve as the liaison between the Chairman and the independent directors, and consult on shareholder engagement and governance matters.
"The Board's decision to appoint Doug as Chairman is a reflection of his strong leadership and substantial contributions to improving MTI’s operating and
financial performance as well as to building a high-performance culture since becoming CEO in 2016," said Mr. Dunham. "The Board carefully considered our governance structure and determined that combining the roles of Chairman and CEO and creating
the position of Lead Independent Director is in the best interest of shareholders as we continue to execute our company’s strategy for value creation.”
About Minerals Technologies Inc.
New York-based Minerals Technologies Inc. (MTI) is a global resource- and technology-based company that develops, produces and markets a broad range of specialty mineral, mineral-based and synthetic mineral products and related systems and services. MTI serves the paper, foundry, steel, construction, environmental, energy, polymer and consumer products industries. The company reported sales of $1.6 billion in 2020. For further information, please visit our website at www.mineralstech.com. (MTI-G)
New York-based Minerals Technologies Inc. (MTI) is a global resource- and technology-based company that develops, produces and markets a broad range of specialty mineral, mineral-based and synthetic mineral products and related systems and services. MTI serves the paper, foundry, steel, construction, environmental, energy, polymer and consumer products industries. The company reported sales of $1.6 billion in 2020. For further information, please visit our website at www.mineralstech.com. (MTI-G)