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) August 21, 1995
NACCO Industries, Inc.
(Exact name of registrant as specified in its charter)
Delaware 1-9172 34-1505819
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) Number)
5875 Landerbrook Drive, Mayfield Heights, Ohio 44124
(Address of principal (Zip Code)
executive offices)
Registrant's telephone number,
including area code (216) 449-9600
(former name or former address, if changed since last report)
Page 1 of 3 Pages
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Item 5. Other Events
On August 21, 1995, NACCO Industries, Inc. announced that its subsidiary,
Hamilton Beach/Proctor-Silex, Inc. ("Hamilton Beach/Proctor-Silex") has named
Richard E. Posey, 48, as its president and chief executive officer. Mr. Posey
joins Hamilton Beach/Proctor-Silex after a long career with S. C. Johnson & Son,
Inc. where he held the position of Executive Vice President, Consumer Products,
North America.
Page 2 of 3 Pages
<PAGE>
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
NACCO Industries, Inc.
(Registrant)
Date: August 22, 1995 By: Frank B. O'Brien
Name: Frank B. O'Brien
Title: Senior Vice President - Corporate
Development and Chief
Financial Officer
Page 3 of 3 Pages
<PAGE>
FOR IMMEDIATE RELEASE
August 21, 1995
POSEY TO BE PRESIDENT AND
CHIEF EXECUTIVE OFFICER OF
HAMILTON BEACH/PROCTOR-SILEX, INC.
Mayfield Heights, Ohio - August 21, 1995 - Alfred M. Rankin, Jr. chairman,
president, and chief executive officer of NACCO Industries, Inc. (NC-NYSE)
announced that Richard E. Posey, 48, has been named president and chief
executive officer of Hamilton Beach/Proctor-Silex, Inc. Hamilton
Beach/Proctor-Silex, Inc. was formed in 1990 as the result of the merger of
Hamilton Beach Inc. and Proctor-Silex, Inc. The company is owned 80% by NACCO
Industries of Mayfield Heights, Ohio and 20% by Glen Dimplex Ltd. of the
Republic of Ireland.
Mr. Posey joins Hamilton Beach/Proctor-Silex after a long career with S.C.
Johnson & Son, Inc. where he held the position of Executive Vice President,
Consumer Products, North America. Mr. Rankin stated, "I am very pleased that
Dick will be joining us as president and chief executive officer of Hamilton
Beach/Proctor-Silex, Inc. He possesses strong general management experience in a
consumer goods business as well as an extensive involvement with multiple
channels of distribution. Dick brings to the company the leadership experience
and strategic vision vital to the continuing growth and reputation of the
company as an industry leader." Mr. Posey stated, "I am delighted to be joining
Hamilton Beach/Proctor-Silex, a company which is a leader in its industry and
has an excellent brand reputation."
Hamilton Beach/Proctor-Silex, Inc., a leading manufacturer of small
electric appliances, has its headquarters in Richmond, Virginia and has
facilities in North Carolina, Tennessee, Texas, Juarez, Mexico and Markham,
Ontario, Canada.
# # #
For further information, contact:
Elinor Mutascio
Hamilton Beach/Proctor-Silex, Inc.
(804)527-7309
