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USG > SEC Filings for USG > Form 8-K on 18-Sep-2013All Recent SEC Filings

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Form 8-K for USG CORP


Change in Directors or Principal Officers, Financial Statements and Exhibits

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

On September 18, 2013, USG Corporation issued a press release announcing certain organizational changes including that Christopher R. Griffin, current Executive Vice President, Operations since 2010, has been elected Executive Vice President and Chief Operating Officer effective October 1, 2013. Mr. Griffin, age 51, previously served as Senior Vice President, President, USG International, and President, CGC Inc. and has more than 28 years of experience in the building materials industry.

Effective October 1, 2013, Mr. Griffin will receive an annual base salary of $535,000 in his position as Executive Vice President and Chief Operating Officer. In addition, Mr. Griffin will be granted an award of 10,000 restricted stock units under the Company's Long-Term Incentive Plan. This award of restricted stock will vest 50% on the second anniversary of the date of grant and 50% on the fourth anniversary of the date of grant, in each case provided that Mr. Griffin remains employed by the Company during the applicable period.

A copy of the press release is furnished with this Current Report as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit 99.1 - USG Corporation press release dated September 18, 2013.

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