Harsco Corporation (NYSE:HSC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 13, 2018, the Board of Directors (the “Board”) of Harsco Corporation (the “Company”) appointed Edgar (Ed) M. Purvis, Jr. to the Board, increasing the size of the Board to ten directors, of whom nine are considered independent directors. Mr. Purvis’ initial term as a director will expire at the Company’s 2018 Annual Meeting of Stockholders. Mr. Purvis will serve on the Management Development & Compensation Committee and Nominating & Corporate Governance Committee of the Board.
Mr. Purvis is the retired Executive Vice President and Chief Operating Officer of Emerson Electric Co. Mr. Purvis served as Executive Vice President and Chief Operating Officer at Emerson from January 2015 until his retirement in December 2017. From 2008 until January 2015, Mr. Purvis served as Executive Vice President responsible for Climate Technologies at Emerson. Prior to that, he held various leadership roles within the Climate business group. He began his career in 1983 as a product planner with Copeland Corporation. Copeland was acquired by Emerson in 1986.
Mr. Purvis is a former member of the executive board of the Air-Conditioning, Heating and Refrigeration Institute, holds a bachelor’s degree in mechanical engineering from the University of Tennessee, a master’s degree in mechanical engineering from the University of Michigan – Deerborn, and a master’s degree in business administration from Capital University in Columbus Ohio.
As a non-employee director, Mr. Purvis will receive compensation in the same manner as the Company’s other non-employee directors, which compensation the Company previously disclosed in its Proxy Statement for the Company’s 2017 Annual Meeting of Stockholders, filed with the Securities and Exchange Commission on March 13, 2017.
A copy of the press release, dated February 15, 2018, announcing Mr. Purvis’ election is attached hereto as Exhibit 99.1.
In addition, on February 13, 2018, Samuel C. Fenice, the Company’s Vice President and Corporate Controller, assumed the responsibilities of being the Company’s Principal Accounting Officer. Mr. Fenice, age 43, has served as the Company’s Vice President and Corporate Controller since July 2016. He joined the Company’s Internal Audit team in 2002 and has since held progressively responsible roles in Finance, including two terms as Interim Corporate Controller. Mr. Fenice is a graduate of Penn State University and is a certified public accountant. The Company did not alter any employment arrangements with Mr. Fenice in connection his assumption of these responsibilities.
Item 9.01Financial Statements and Exhibits
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Exhibit No. |
Description |
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Press release dated February 15, 2018. |
HARSCO CORP ExhibitEX-99.1 2 hsc-ex991pressrelease021618.htm EXHIBIT 99.1 Exhibit Exhibit 99.1 Investor ContactDavid [email protected] ContactJay [email protected] IMMEDIATE RELEASEEDGAR M. PURVIS,…To view the full exhibit click here
About Harsco Corporation (NYSE:HSC)
Harsco Corporation is a provider of industrial services and engineered products serving global industries. The Company operates in three segments: Harsco Metals & Minerals, Harsco Industrial and Harsco Rail. Its Harsco Metals & Minerals segment is a provider of on-site, outsourced services to the metals industries across the world. Its Harsco Industrial segment includes the Harsco Industrial IKG, Harsco Industrial Air-X-Changers and Harsco Industrial Patterson-Kelley businesses. Harsco Rail segment is a provider of equipment and services for the maintenance, repair and construction of railway track. The Company’s principal lines of business include outsourced, on-site services of material logistics and resource recovery for iron, steel and metals manufacturing; air-cooled heat exchangers; industrial grating products; heat transfer products, and railway track maintenance services and equipment.
