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Form 8-K KEMET CORP For: Jun 08

June 8, 2015 8:41 AM EDT


 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC  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):  June 8, 2015
KEMET Corporation
(Exact name of registrant as specified in its charter)
 
 
 
 
 
Delaware
 
1-15491
 
57-0923789
(State or other
 
(Commission File Number)
 
(IRS Employer
jurisdiction)
 
 
 
Identification No.)
 
 
 
 
 
2835 KEMET Way, Simpsonville, SC
 
29681
(Address of principal executive offices)
 
(Zip Code)
 
Registrant’s telephone number, including area code:  (864) 963-6300
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:
o            Written communications pursuant to Rule 425 under the Securities Act (17 CRS 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 240.13a-4c))
 



Item 8.01 Other Events

On Monday, June 8, 2015, KEMET Corporation (the “Company”) issued a press release in which it announced that Emilio Ghilardi has been appointed as its Executive Vice President of Global Sales and Marketing, effective July 1, 2015.

A copy of the press release is attached as Exhibit 99.1 to this Form 8-K.

Item 9.01     Financial Statements and Exhibits.
(d)    Exhibits
Exhibit No.
Description of Exhibit
99.1
Press Release date June 8, 2015


Signatures
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date: June 8, 2015
KEMET Corporation
 
 
 
 
 
/s/ William M. Lowe, Jr.
 
William M. Lowe, Jr.
 
Executive Vice President and
Chief Financial Officer



EXHIBIT INDEX

Exhibit No.
Description of Exhibit
99.1
Press Release dated June 8, 2015



News Release             
News Release

Exhibit 99.1

FOR IMMEDIATE RELEASE

Contacts:    William M. Lowe, Jr.
Executive Vice President and Chief Financial Officer
864.963.6484    
    
Dr. John C. Boan
Vice President, Marketing
954.766.2813        
        


KEMET Announces New Global Sales and Marketing Executive Vice President


Greenville, SC. (June 8, 2015) – KEMET Corporation (NYSE: KEM), a leading global supplier of electronic components, is pleased to announce that Emilio Ghilardi will join KEMET as Executive Vice President of Global Sales and Marketing, effective July 1st, reporting to Per Loof, Chief Executive Officer. He will be based in Silicon Valley and operate from the KEMET sales office in Milpitas, California.

Mr. Ghilardi joins KEMET from Hewlett-Packard, where he had a 28 year career, most recently as Vice President and General Manager of their Americas Personal System Business Unit. From 2008 to 2012 he was Chief Sales Officer and President of AMD International. Mr. Ghilardi holds a Master’s Degree in Electronic Engineering from the Politecnico of Turin (Italy).

“We are executing our strategic plan and driving toward growth with initiatives such as our NEC TOKIN joint venture and enhancing our “easy-to-buy-from” brand with an “easy-to-design-in” philosophy,” said Mr. Loof. “As a member of KEMET’s Leadership Team, Emilio’s global experience, diversified sales background and knowledge of the semiconductor business will have an immediate impact on these activities and on our organization.”


2835 KEMET Way, Simpsonville, SC 29681 USA
864.963.6300 www.kemet.com


KEMET Announces New Sales and Marketing Leader
June 8, 2015
Page 2



About KEMET

KEMET Corporation is a leading global supplier of electronic components. We offer our customers the broadest selection of capacitor technologies in the industry, along with an expanding range of electromechanical devices, electromagnetic compatibility solutions and supercapacitors. Our vision is to be the preferred supplier of electronic component solutions demanding the highest standards of quality, delivery and service. KEMET’s common stock is listed on the NYSE under the symbol “KEM.” Additional information about KEMET can be found at http://www.kemet.com.


Cautionary Statement on Forward-Looking Statements

Certain statements included herein contain forward-looking statements within the meaning of federal securities laws about KEMET Corporation’s (the "Company") financial condition and results of operations that are based on management's current expectations, estimates and projections about the markets in which the Company operates, as well as management's beliefs and assumptions. Words such as "expects," "anticipates," "believes," "estimates," variations of such words and other similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in, or implied by, such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's judgment only as of the date hereof. The Company undertakes no obligation to update publicly any of these forward-looking statements to reflect new information, future events or otherwise.

Certain risks and uncertainties that could cause actual outcome and results to differ materially from those expressed in, or implied by, these forward-looking statements are described in the Company’s reports and filings with the Securities and Exchange Commission.
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