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)
February 1, 2000
NS GROUP, INC.
(Exact name of registrant as specified in its charter)
Kentucky 1-9838 61-0985936
(State or other (Commission (IRS Employer
jurisdiction of File No.) I.D. Number)
incorporation)
530 West Ninth Street, Newport, Kentucky 41071
(Address of principal executive offices) (Zip Code)
(606) 292-6809
Registrant's telephone number, including area code:
Item 5. Other Events
On February 2, 2000, the Registrant issued a press
release announcing the appointment of Rene J. Robichaud as
Chief Executive Officer of the Company and the retirement of
Clifford R. Borland from the position. A copy of such press
release is filed as Exhibit 99 hereto and incorporated
herein by reference.
Item 7. Financial Statements, Pro Forma Financial
Information and Exhibits
(c) Exhibits
99. Press release dated February 2, 2000
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.
NS GROUP, INC.
(Registrant)
Date: February 3, 2000 By: /s/Thomas J. Depenbrock
Thomas J. Depenbrock
Vice President and
Corporate Controller
EXHIBIT 99
FOR IMMEDIATE RELEASE - February 2, 2000
CONTACT: Linda A. Pleiman
Manager - Investor Relations
NS GROUP, INC.
(606) 292-6809
NS GROUP NAMES RENE J. ROBICHAUD CHIEF EXECUTIVE OFFICER
Newport, Kentucky - NS Group, Inc. announced today that the
Board of Directors named Rene J. Robichaud as Chief
Executive Officer of the Company effective February 10,
2000. Mr. Robichaud will succeed Mr. Clifford R. Borland,
founder of the Company and its only CEO since 1980. Mr.
Borland will remain as company Chairman.
In making the announcement, Mr. Borland stated, "I am
pleased to turn the helm over to Rene. His talent,
experience and strong leadership bode well for the future of
NS Group."
Mr. Robichaud commented, "I am excited about the future of
NS Group. We are well positioned to grow profitably in both
our energy and industrial sectors. Our energy business is
rapidly heading toward healthy production and pricing levels
again. We invested over $60 million in new capital
equipment over the past two years and are now beginning to
realize the benefits. I congratulate all of the people
within NS Group for their hard work during our equipment
modernization program. Finally, the Company and its Board
of Directors express their deepest gratitude to Mr. Borland
for his leadership and many years of dedicated service."
NS Group, Inc. is a leading producer of tubular products
serving the energy industry and certain industrial markets.
The Company manufactures seamless and welded tubular steel
products which are used in the drilling and exploration as
well as the transmission of oil, natural gas and other
fluids. The Company's energy products are marketed
primarily in the United States and certain foreign markets.
NS Group is traded on the NYSE under the symbol: NSS. The
Company is headquartered in Newport, Kentucky.
This report contains forward-looking information with
respect to the Company's operations and beliefs. Actual
results may differ from these forward-looking statements due
to numerous factors, including those discussed in the
introductory paragraphs of Management's Discussion and
Analysis of Financial Condition and Results of Operations
and Exhibit 99.1 of the Company's Annual Report on Form 10-K
for its fiscal year ended September 25, 1999.
