Ferro Corporation (Form: 8-K)  

 

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 22, 2013

Ferro Corporation
__________________________________________
(Exact name of registrant as specified in its charter)

     
Ohio 1-584 34-0217820
_____________________
(State or other jurisdiction 		_____________
(Commission 		______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
6060 Parkland Boulevard, Mayfield Heights, Ohio   44124
_________________________________
(Address of principal executive offices) 		  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   216-875-5600

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 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))

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 22, 2013, Peter T. Thomas, the Interim President and Chief Executive Officer of Ferro Corporation (the "Company"), was named the President and Chief Executive Officer of the Company, effective April 24, 2013. Additionally on April 22, 2013, the Board of Directors of the Company increased the number of members of the Board to ten and elected Mr. Thomas to the Board as a member of the class of directors whose term expires at the Company’s 2015 annual meeting of shareholders.

In connection with his appointment as permanent President and Chief Executive Officer, Mr. Thomas’ annual base salary was increased to $831,550, his annual incentive plan target was increased to 100% of his annual salary and he was granted 118,230 performance share units, options to purchase 98,800 shares of common stock and 17,480 restricted share units under the Company’s 2010 Long-Term Incentive Plan.





Item 7.01 Regulation FD Disclosure.

The Company issued a press release on April 24, 2013 announcing, among other things, Mr. Thomas’ appointment as the permanent President and Chief Executive Officers of the Company. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated in this Item 7.01 by reference.





Item 9.01 Financial Statements and Exhibits.

Exhibit 99.1: Press release





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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.

         
    Ferro Corporation
          
April 26, 2013   By:   Mark H. Duesenberg
       
        Name: Mark H. Duesenberg
        Title: Vice President, General Counsel and Secretary

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Exhibit Index


     
Exhibit No.   Description
 
99.1
  Press Release