UNITED STATES
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) SEPTEMBER 13, 2005
INTERNATIONAL SPECIALTY HOLDINGS INC.
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(Exact Name of Registrant as Specified in Its Charter)
DELAWARE
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(State or Other Jurisdiction of Incorporation)
333-82822 22-3807354
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(Commission File Number) (IRS Employer Identification No.)
300 DELAWARE AVENUE
SUITE 303
WILMINGTON, DELAWARE 19801
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(Address of Principal Executive Offices) (Zip Code)
(302) 427-5715
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(Registrant's Telephone Number, Including Area Code)
NOT APPLICABLE
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(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 (see General Instruction A.2. below):
|_| 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 PRINCIPAL OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF PRINCIPAL OFFICERS
(b) On September 13, 2005, Mr. Peter J. Ganz resigned from the board of
directors of International Specialty Holdings Inc. (the "Company"), effective
September 23, 2005.
ITEM 8.01. OTHER EVENTS
On September 13, 2005, Mr. Ganz resigned his positions as Senior Vice
President, General Counsel and Secretary of the Company, to be effective
September 23, 2005, after ten years of service with the Company in various
positions, in order to pursue another opportunity. Mr. Ganz also resigned his
positions and directorships from all other affiliated companies, including ISP
Chemco Inc. Mr. Marc J. Kurzman, who has frequently acted as outside counsel to
the Company over the past several years, will serve as Acting General Counsel
and will take over Mr. Ganz's duties until a new General Counsel is hired by the
Company.
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.
INTERNATIONAL SPECIALTY HOLDINGS INC.
Dated: September 19, 2005 By: /s/ Kenneth M. McHugh
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Name: Kenneth M. McHugh
Title: Vice President and Controller