November 1, 1995
Securities & Exchange Commission
450 5th Street NW
Washington, DC 20549
RE: Form 8-K
Univar Corporation
Gentlemen:
Enclosed is the Form 8-K for Univar Corporation for the period ended
October 31, 1995.
Sincerely,
/s/ William A. Butler
Corporate Secretary
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 26,
1995
UNIVAR CORPORATION
(Exact name of registrant as specified in its charter)
DELAWARE 1-5858 91-0816142
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
6100 Carillon Point
Kirkland, WA 98033
(Address of principal executive offices)
(Zip Code)
Registrant's telephone number, including area code: (206) 889-3400
(Former name or former address, if changed since last report.) N/A
Item 5. Other Events
Attached to this Form 8-K as Exhibit 1 is a copy of a press release
that was issued on October 26, 1995 concerning changes of officers of
the Registrant.
Management has previously announced that its U.S. reengineering
program was expected, absent unforeseen economic or other circumstances,
to result in a pre-tax improvement in income from operations at an
annual run rate of $30 million by the end of the Registrant's 1997
fiscal year. In light of the foregoing changes in officers of the
Registrant, the timetable for realizing the benefits from the
reengineering program is being re-evaluated.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
Exhibit 1. Copy of October 26, 1995 Press Release of the
Registrant
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.
UNIVAR CORPORATION
(Registrant)
Date: OCTOBER 31, 1995
(Signature) /S/ GARY E. PRUITT
Vice President - Finance and Treasurer
Exhibit 1
Univar Corporation News Release
October 26, 1995
FOR IMMEDIATE RELEASE FOR FURTHER INFORMATION
Gary Pruitt, Vice President
Finance and Treasurer
(206)889-3440
John P. Sammons, Vice President
Corporate Communications
(206)889-3694
Univar Corporation names Paul Hough, President and CEO
(KIRKLAND, Wash., October 26, 1995)-- Univar Corporation (NYSE, PSE:
UVX), today announced that Paul H. Hough has been elected President and
CEO, succeeding James W. Bernard, who after 35 years of service with the
company has elected to retire. Hough also has been named President of
Van Waters & Rogers Inc., Univar's U.S. operating subsidiary, succeeding
James P. Alampi.
Hough moves up from his post as President of Van Waters & Rogers
Ltd., Univar's Canadian operating unit.
According to James H. Wiborg, chairman of the board, "Hough has
produced an outstanding record at our Canadian operations and we look
forward to the entire company benefiting from his exceptional knowledge
of the business and his leadership skills."
Hough, a 35 year career veteran with Van Waters & Rogers Ltd, was
named President of the Canadian subsidiary in 1991. He has broad
experience in sales and sales management, serving as Executive Vice
President and General Manager for Western Canadian operations from 1988
to 1991.
Hough will assume his new responsibilities at Univar headquarters
in Kirkland as soon as U.S. immigration approval is received, which is
expected to occur within two weeks.
Bernard, who has served as Univar's top officer since 1986, will
continue as a Director of the Corporation.
Univar Corporation, headquartered in Kirkland, Washington, is a
multi-national distribution services company engaged in providing a
broad range of chemicals and related services to industry through three
subsidiaries, Van Waters & Rogers Inc. in the United States, Van Waters
& Rogers Ltd. in Canada, and Univar Europe N.V. in Europe.
