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): February 17, 1998
NL INDUSTRIES, INC.
(Exact name of registrant as specified in charter)
New Jersey 1-640 13-5267260
(State or other (Commission File No.) (Employer ID No.)
jurisdiction of
incorporation)
16825 Northchase Dr., Suite 1200, Houston, Texas 77060
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (281) 423-3300
Not Applicable
(Former name or former address, if changed since last report)
<PAGE>
Item 5. Other Events.
On February 17, 1998, the Registrant issued the press release attached
hereto as Exhibit 99.1 and incorporated herein in its entirety by this
reference.
* * * * *
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 thereunto duly authorized.
NL INDUSTRIES, INC.
(Registrant)
/s/ David B. Garten
David B. Garten
Vice President & Secretary
Dated: February 19, 1998
J. Landis Martin
President and CEO
(303) 296-5600
EXHIBIT 99.1
FOR IMMEDIATE RELEASE
NL INDUSTRIES, INC. HAS NEW CHIEF FINANCIAL OFFICER
HOUSTON, TEXAS -- February 17, 1998 -- NL Industries, Inc. (NYSE: NL) announced
today that it has appointed Susan E. Alderton as Vice President, Chief Financial
Officer of NL Industries. She replaces Joseph S. Compofelice who has resigned to
become Chairman and Chief Executive Officer of CompX International, Inc. Ms.
Alderton has been with NL since 1986 in a variety of financial positions, most
recently serving as Vice President, Treasurer. She has also been a director of
Tremont Corporation (NYSE: TRE) since 1990.
J. Landis Martin, President and Chief Executive Officer of NL Industries said
"We wish Joe well in his new and exciting position with CompX. We are pleased
that we will continue to have the benefit of his vision and his enthusiasm as a
board member of NL. We are also fortunate that we will be able to replace Joe
with Susan Alderton. Susan is a seasoned executive with a thorough knowledge of
NL's operations."
Mr. Compofelice has been Vice President and Chief Financial Officer of Tremont
Corporation and Executive Vice President of Valhi, Inc. (NYSE: VHI) since 1994.
He also has served as Vice President, Chief Financial Officer and director of
Titanium Metals Corporation (Nasdaq: TIMT) since 1996.
CompX International is a manufacturer of ergonomic computer support systems,
precision ball bearing drawer slides and medium-security mechanical locks for
office furniture and a variety of other applications. CompX, which is an
affiliate of Valhi, Inc., recently filed its initial public offering of common
stock with the Securities and Exchange Commission.
NL Industries, Inc. is a major international producer of titanium dioxide
pigments.
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