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
May 17, 1996
IMC GLOBAL INC.
(Exact name of registrant as specified in charter)
Delaware 1-9759 36-3492467
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
2100 Sanders Road, Northbrook, IL 60062
(Address of principal executive offices)
(Zip Code)
Registrant's telephone number, including area code(708) 272-9200
Item 5. Other Events
The following is the text of a joint press release relating to the
retirement of James D. Speir, President and Chief Operating Officer
NORTHBROOK, IL, May 17, 1996 -- IMC Global Inc. (NYSE: IGL)
announced today that James D. Speir, president and chief operating
officer, has elected to retire effective June 30.
Speir's responsibilities, which include the Company's phosphate
mining, concentrated phosphate production, nitrogen production, feed
ingredient, and retail and wholesale operations, will report to the
Chairman and Chief Executive Officer effective immediately. IMC
Global's other business units, potash and consumer and professional
products, continue to be the responsibility of Robert E. Fowler, Jr.,
also a President and Chief Operating Officer of the Company.
"I leave IMC after 33 years with a special affection for the many
employees who have helped build this outstanding organization," said
Speir. "I am proud of my contribution to the Company's growth and
success, and look forward to beginning a new phase of my life in
retirement."
IMC Global is one of the world's leading producers and marketers
of phosphate and potash crop nutrients and animal feed ingredients.
The Company also is one of the nation's leading distributors of crop
nutrients and related products through its Rainbow and FARMARKET
distribution networks. Additionally, it sells potash and other
products to industrial users and produces sulphur and oil through joint
venture operations.
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.
IMC GLOBAL INC.
By MARSCHALL I. SMITH
Marschall I. Smith
Senior Vice President,
and General Counsel
May 17, 1996
