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KEM > SEC Filings for KEM > Form 8-K on 16-May-2013All Recent SEC Filings

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Form 8-K for KEMET CORP


Change in Directors or Principal Officers

Item 5.02 Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Mr. Joseph D. Swann, who is one of nine current directors of KEMET Corporation (the "Company"), informed the Company's Board of Directors (the "Board") on May 11, 2013 that he does not plan to stand for re-election at the Company's Annual Meeting of Stockholders (the "Annual Meeting"), which is scheduled to occur on July 25, 2013. As a result, the Board has elected to reduce the size of the Company's Board from nine to eight directors, effective immediately following the Annual Meeting. Mr. Swann's decision not to stand for re-election is not the result of any disagreement with the Company, and he will continue to serve as a director through the Annual Meeting.

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