UNITED STATES
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
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): December 10, 2012
Molycorp, Inc.
(Exact name of registrant as specified in its charter)
| Delaware | 001-34827 | 27-2301797 | ||
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||
5619 Denver Tech Center Parkway, Suite 1000, Greenwood Village, CO | 80111 | |||
| (Address of principal executive offices) | (Zip Code) | |||
Registrant's telephone number, including area code: (303) 843-8040
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On December 11, 2012, Molycorp, Inc. (the “Company”) announced that its Board of Directors (the “Board”) had appointed Constantine Karayannopoulos as Interim President and Chief Executive Officer, replacing Mark A. Smith, the former President and Chief Executive Officer of the Company, on December 10, 2012.
Mr. Karayannopoulos, age 52, the current Vice Chairman of the Board, will serve as Interim President and Chief Executive Officer of the Company effective immediately until a permanent successor is found. Mr. Karayannopoulos previously served since 2005 as the President and Chief Executive Officer of Neo Material Technologies Inc. (now known as Molycorp Canada), a global producer, processor and developer of neodymium iron boron magnetic powders, rare earths and zirconium-based engineered materials and applications and other rare metals and their compounds, until the Company’s acquisition of Molycorp Canada on June 11, 2012.
SIGNATURES
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.
| MOLYCORP, INC. | ||
| By: | /s/ Michael F. Doolan | |
| Name: | Michael F. Doolan | |
| Title: | Executive Vice President and Chief Financial Officer | |
| Date: December 14, 2012 | ||