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) October 24, 2006
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Oil-Dri Corporation of America |
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(Exact name of registrant as specified in its charter) |
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Delaware |
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0-8675 |
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36-2048898 |
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(State or other jurisdiction |
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(Commission |
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(IRS Employer |
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410 North Michigan Avenue |
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60611-4213 |
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(Address of principal executive offices) |
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(Zip Code) |
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Registrant’s telephone number, including area code (312) 321-1515 |
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(Former name or former address, if changed since last report.) |
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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 (see General Instruction A.2. below): |
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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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 Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers |
(b) On October 24, 2006, Wade R. Bradley, an executive officer of Oil-Dri Corporation of America (the “Company”), announced his resignation. Mr. Bradley is President of the Company’s Retail and Wholesale Products Group; his resignation is effective November 3, 2006. He is leaving the Company to become the chief executive officer of a non-competing company based in the Atlanta, Georgia area. A copy of the press release announcing Mr. Bradley’s resignation is attached as Exhibit 99.1 and the information contained therein is incorporated herein by reference.
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Item 9.01 |
Financial Statements and Exhibits. |
(d) Exhibits
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Exhibit |
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Description of Exhibits |
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99.1 |
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Press Release dated October 27, 2006 |
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.
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OIL-DRI CORPORATION OF AMERICA |
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By: |
/s/ Charles P. Brissman |
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Charles P. Brissman |
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Vice President and General Counsel |
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Date: October 27, 2006 |
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Exhibit Index
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Exhibit |
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Description of Exhibits |
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99.1 |
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Press Release dated October 27, 2006 |
Exhibit 99.1
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News Release |
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Release: Immediate |
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Ronda J. Williams |
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312-706-3232 |
Oil-Dri Announces Resignation of Wade R. Bradley
CHICAGO – October 27, 2006 – Oil-Dri Corporation of America (NYSE: ODC) announced today the resignation of Wade R. Bradley, an executive officer of the Company. Mr. Bradley is President of the Company’s Retail and Wholesale Products Group; his resignation is effective November 3, 2006. He is leaving the Company to become the chief executive officer of a non-competing company based in the Atlanta, Georgia area.
“We have been fortunate to have Wade as our friend and colleague for the last sixteen years,” commented President and Chief Executive Officer Daniel S. Jaffee. “We wish him every success in this new phase of his career.”
While it determines how to fill the vacancy created by Mr. Bradley’s resignation, the Company expects to allocate his day-to-day responsibilities among other members of its leadership team.
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Oil-Dri Corporation of America is a leading supplier of specialty sorbent products for agricultural, horticultural, fluids purification, specialty markets, industrial and automotive, and the world’s largest manufacturer of cat litter.
Certain statements in this press release contain forward-looking statements that are based on current expectations, estimates, forecasts and projections about our future performance, our business, our beliefs, and our management’s assumptions. In addition, we, or others on our behalf, may make forward-looking statements in press releases or written statements, or in our communications and discussions with investors and analysts in the normal course of business through meetings, webcasts, phone calls, and conference calls. Words such as “expect,” “outlook,” “forecast,” “would”, “could,” “should,” “project,” “intend,” “plan,” “continue,” “believe,” “seek,” “estimate,” “anticipate,” “believe”, “may,” “assume,” variations of such words and similar expressions are intended to identify such forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Such statements are subject to certain risks, uncertainties and assumptions that could cause actual results to differ materially including, but not limited to, those described in Item 1A (Risk Factors) of our most recent Annual Report on Form 10-K and other reports filed with the Securities and Exchange Commission. Should one or more of these or other risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, intended, expected, believed, estimated, projected or planned. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Except to the extent required by law, we do not have any intention or obligation to update publicly any forward-looking statements after the distribution of this report, whether as a result of new information, future events, changes in assumptions, or otherwise.