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
May 8, 2000
---------------------------------
(Date of earliest event reported)
SAFETY-KLEEN CORP.
------------------------------------------------------
(Exact name of Registrant as specified in its charter)
Delaware 001-8368 51-0228924
(State of (Commission File No.) (IRS Employer
Incorporation) Identification No.)
1301 Gervais Street, Suite 300,
Columbia, South Carolina 29201
(Address of principal executive offices, including zip code)
(803) 933-4200
----------------------------------------------------
(Registrant's telephone number, including area code)
Not Applicable
---------------------------------
(Former name or former address, if changed since last report)
<PAGE>
ITEM 5. OTHER EVENTS
On May 8, 2000, the registrant issued the press release filed with this Current
Report on Form 8-K as Exhibit 99.1. The information contained in Exhibit 99.1 is
incorporated by reference herein.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits.
Exhibit No. Description
- ----------- -------------------------------------
99.1 Press Release issued May 8, 2000 (Filed herewith.)
<PAGE>
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.
SAFETY-KLEEN CORP.
Date: May 8, 2000 By: /s/ Grover C. Wrenn
-------------------
Grover C. Wrenn
Vice Chairman
<PAGE>
EXHIBIT INDEX
Exhibit No. Description
- ----------- -----------
99.1 Press Release issued May 8, 2000 (Filed herewith.)
<PAGE>
Exhibit 99.1
FOR IMMEDIATE RELEASE Media Contact: John Kyte
May 8, 2000 803-933-4224
Investor Relations: Eileen Carter
803-933-4285
SAFETY-KLEEN BOARD APPOINTS NEW DIRECTOR, ELECTS CHAIRMAN
(Columbia, SC)--Safety-Kleen Corp. (NYSE: SK) announced today the
appointment of Kenneth K. Chalmers to its Board of Directors to fill the
unexpired term of the late John W. Rollins, Sr. Mr. Chalmers was also appointed
as a member of the Board's Special Investigative Committee, which is conducting
an independent investigation of accounting irregularities reported by the
Company on March 6, 2000.
Mr. Chalmers, 71, of Winnetka, IL, spent the majority of his career
with Chicago-based Continental Bank, most recently as Executive Vice President
and Department Head in the bank's Corporate Banking Sector. During his 38-year
tenure with Continental Bank, Mr. Chalmers served in a variety of senior
management positions, including Chairman of the Audit Committee and manager of
many of the Bank's largest client accounts. Upon retirement in 1996, Mr.
Chalmers became a consultant to Continental, and has also served as a director
and advisor to several corporations and organizations.
"The appointment of Ken Chalmers is a strong addition to our Board,"
said Grover Wrenn, Vice Chairman of Safety-Kleen. "He brings a wealth of banking
and financial experience, as well as insights and ideas from numerous other
corporate Boards. In this time of transition for Safety-Kleen, his experience
and perspective will be invaluable."
Mr. Chalmers is a graduate of the Rutgers University Stonier School of
Banking, the University of Chicago (MBA) and Northwestern University (BSBA). He
served as a lieutenant in the U.S. Navy, as a Member of the Chicago Board of
Trade and as Treasurer of the Illinois Governor's Cost Control task Force.
The Company also announced that David E. Thomas, Jr., chairman of the
Safety-Kleen Board's Executive Committee, was elected as Chairman of the Board.
Mr. Thomas has been a member of the Safety-Kleen Board of Directors since June
1997. Mr. Thomas replaces Peter Widdrington as Chairman. The Board also
disbanded its Executive Committee, which had been formed on February 9, 2000.
###
