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| CYT > SEC Filings for CYT > Form 8-K on 2-Nov-2009 | All Recent SEC Filings |
2-Nov-2009
Change in Directors or Principal Officers, Financial Statements and Exhi
Effective October 27, 2009, Mr. Steven C. Speak and the Company entered into a retirement agreement pursuant to which Mr. Speak resigned on that date as President, Cytec Engineered Materials and as a member of Cytec's Executive Leadership Team. Mr. Speak has also agreed to assist in transitioning his responsibilities as a consultant through October 31, 2010. Under the retirement agreement, Mr. Speak will receive the benefits he is entitled to under the terms of the Company's Executive Income Continuity Plan applicable to a member of that plan whose employment is terminated without "Cause," as defined in that plan and he will also receive fees for his consulting services. A copy of the retirement agreement is filed as Exhibit 10.1 hereto.
Also on October 27, 2009, Mr. Fleming, Chairman, President and Chief Executive Officer of the Company, appointed Mr. William Wood as a member of Cytec's Executive Leadership Team and as President, Cytec Engineered Materials. Mr. Wood has not been elected a corporate officer of the Company. A copy of our October 27, 2009 press release announcing Mr. Wood's appointment and Mr. Speak's resignation is furnished as Exhibit 99.1 hereto.
The following exhibits have been filed, in the case of Exhibit 10.2(r), or furnished, in the case of Exhibit 99.1, with this report.
10.1 Retirement Agreement, dated as of October 27, 2009, between Steven C.
Speak and the Registrant.
99.1 Press Release dated October 27, 2009
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