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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
Date of Report (Date of earliest event September 5, 2001
reported) ----------------------------------------
NN, Inc.
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(Exact name of registrant as specified in its charter)
DELAWARE 0-23486 62-1096725
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
2000 Waters Edge Drive, Johnson City, Tennessee 37604
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including (423) 743-9151
area code -----------------------------------
Not applicable
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(Former name or former address, if changed since last report)
Item 5. Other Events.
On September 5, 2001, the Company issued a press release announcing its
Board of Directors has named Roderick (Rock) R. Baty as the Chairman of the Board
of Directors. Mr. Baty will assume the duties of Chairman in addition to his
current responsibilities as President and Chief Executive Officer. A copy of the
press release is attached as Exhibit 99.1 hereto and incorporated herein by
reference.
Item 7. Financial Statements and Exhibits.
(c) EXHIBITS. The following exhibits are filed herewith:
99.1 Press Release dated September 5, 2001.
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.
Date: September 5, 2001
NN, INC.
By: /s/ William C. Kelly, Jr.
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William C. Kelly, Jr.,
Chief Accounting Officer
NEWS BULLETIN NN, Inc.
RE: 2000 Waters Edge Drive
FROM: Johnson City, TN 37604
THE FINANCIAL RELATIONS BOARD Nasdaq: NNBR
BSMG WORLDWIDE
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FOR FURTHER INFORMATION:
AT THE COMPANY: AT THE FINANCIAL RELATIONS BOARD:
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Will Kelly Kerry Thalheim Susan Garland
Treasurer & Manager of Investor Relations (General info) (Analyst info)
(423) 743-9151 212-445-8437 212-445-8458
FOR IMMEDIATE RELEASE
September 5, 2001
NN, INC. CEO RODERICK R. BATY NAMED CHAIRMAN
Johnson City, Tenn - September 5, 2001 - NN, Inc. (Nasdaq: NNBR) announced
today that its Board of Directors has named Roderick (Rock) R. Baty, 47, as
Chairman, effective immediately. Mr. Baty has served as the President and
Chief Executive Officer of NN since 1997 and will continue in this capacity.
Mr. Baty replaces Richard D. Ennen, 73, who as served as the Chairman of the
Board for the past 21 years.
NN expressed its gratitude to Mr. Ennen, one of the original founders of the
company. "Dick's leadership has been invaluable to the company's success.
We are truly grateful to him," added Mr. Baty. Mr. Ennen will continue to
serve on NN's Board.
Messrs. G. Ronald Morris and Michael E. Warner, who joined the Board of
Directors in 1994 and 1995, respectively, stated, "Rock has a long record of
successful leadership at NN and this appointment reflects the Board's
confidence in the management team to continue to successfully implement the
Company's long term growth plan."
NN, Inc. is an independent manufacturer and supplier of high quality,
precision bearing components to both domestic and international anti-friction
bearing manufacturers and had sales of US $132 million in 2000.
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