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EX-99.1 - EXHIBIT 99.1 PRESS RELEASE CEO - SIFCO INDUSTRIES INCpressrelease-ceomarch2016.htm


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) March 18, 2016
  
SIFCO Industries, Inc.
(Exact name of registrant as specified in its charter)
 
 

 
 
 
 
 
Ohio
 
1-5978
 
34-0553950
(State or other jurisdiction
of incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)
 
 
970 East 64th Street, Cleveland Ohio
 
44103
(Address of principal executive offices)
 
(ZIP Code)
Registrant’s telephone number, including area code: (216) 881-8600
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 (see General Instruction A.2. below):
 

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
SIFCO Industries, Inc. (“SIFCO or Company”), announced that Michael S. Lipscomb, Chief Executive Officer, will retire in the second half of 2016. Mr. Lipscomb will remain in his role until a successor is named and will continue as Chairman of the Board during a transition period. Executive recruiting firm, Spencer Stuart, has been retained to conduct a thorough search for a successor CEO with the skills and experience to lead the Company forward. The Company issued a press release announcing such retirement, which is attached as an exhibit to this Report.

Item 9.01
Financial Statements and Exhibits.

(d) Exhibits

99.1 Press release of SIFCO Industries, Inc., dated March 18, 2016.
      
 

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.
 


 
 
 
 
 
SIFCO Industries, Inc.
 
 
(Registrant)
 
 
Date: March 18, 2016
 
 
 
 
/s/ Salvatore Incanno
 
 
Salvatore Incanno
 
 
Vice President – Finance and Chief Financial Officer
 
 
(Principal Financial Officer)