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MCP > SEC Filings for MCP > Form 8-K on 10-Dec-2013All Recent SEC Filings

Show all filings for MOLYCORP, INC. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for MOLYCORP, INC.


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.

On December 5, 2013, Ross R. Bhappu notified Molycorp, Inc. (the "Company") that he will resign from the Company's board of directors (the "Board") during the Company's next regularly scheduled meeting of the Board on December 19, 2013. Mr. Bhappu's decision was not due to any disagreement with the Company's management or the Board. The Company is grateful to Mr. Bhappu for his service on the Board.

On December 10, 2013, the Board, based on the recommendation of the Nominating and Corporate Governance Committee of the Board, appointed Constantine Karayannopoulos, the current Vice Chairman of the Board, to serve as the Chairman of the Board effective December 19, 2013 upon Mr. Bhappu's resignation from the Board.

Additionally, on December 10, 2013, the Board, based on the recommendation of the Nominating and Corporate Governance Committee of the Board, elected Geoffrey R. Bedford, the Company's President and Chief Executive Officer, as a Class II Director of the Board effective December 19, 2013, to serve until his successor is elected and qualified or until his earlier resignation or removal.

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