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
April 27, 2012
Date of Report (date of earliest event reported)
UTi Worldwide Inc.
(Exact name of Registrant as Specified in its Charter)
| British Virgin Islands | 000-31869 | N/A | ||
| (State or Other Jurisdiction of Incorporation or Organization) |
(Commission File Number) |
(IRS Employer Identification Number) |
| 9 Columbus Centre, Pelican Drive | c/o UTi, Services, Inc. | |
| Road Town, Tortola | 100 Oceangate, Suite 1500 | |
| British Virgin Islands | Long Beach, CA 90802 USA |
(Addresses of Principal Executive Offices)
562.552.9400
(Registrant’s Telephone Number, Including Area Code)
N/A
(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)) |
UTi Worldwide Inc.
Current Report on Form 8-K
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On April 27, 2012, Mr. Matthys J. Wessels notified UTi Worldwide Inc. (the “Company”) that he has decided not to stand for reelection to the Company’s board of directors (the “Board”) and will retire from the Board effective as of the close of the Company’s next annual meeting of shareholders, currently scheduled to be held on June 11, 2012.
In connection with his retirement from the Board, the Company anticipates entering into a one-year consulting arrangement with Mr. Wessels pursuant to which Mr. Wessels will provide consulting services to the Company in exchange for an annual consulting fee of $45,000.
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.
| UTi Worldwide Inc. | ||||||
| Date: April 30, 2012 |
By: | /s/ Lance E. D’Amico | ||||
| Lance E. D’Amico | ||||||
| Senior Vice President and Chief Legal Officer | ||||||