Form 8-K, CFO Resignation

 

  

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):

August 15, 2006

TOR Minerals International, Inc.
 (Exact Name of Registrant as Specified in Its Charter)

Delaware
 (State or Other Jurisdiction of Incorporation)

0-17321
 (Commission File Number)

74-2081929
 (IRS Employer Identification No.)

722 Burleson Street
Corpus Christi, Texas


78402

(Address of Principal Executive Offices)

(Zip Code)

(361) 883-5591
 (Registrant’s Telephone Number, Including Area Code)

N/A
 (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))

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ITEM 5.02             DEPARTURE OF PRINCIPAL OFFICER.

On August 17, 2006, TOR Minerals International (the “Company”), (NASDAQ: TORM) announced that Chief Financial Officer, Lawrence W. Haas, has resigned, effective August 28, 2006, to pursue other career interests.

Barbara Russell will serve as Acting Chief Financial Officer effective immediately.  She will report to Olaf Karasch, the Company’s President and CEO.  Ms. Russell, age 53, had served as the Company’s Controller since 1999.  Prior to joining TOR in 1997, she held the position of Chief Executive Officer at the South Texas Lighthouse for the Blind.

The terms of Ms. Russell’s compensation have not yet been determined.  In accordance with Instruction 2 of Item 5.02 of Form 8-K, the Company will amend this Current Report on Form 8-K within four business days after such information is determined or becomes available.

A copy of the press release relating to this Item 5.02 is furnished as Exhibit 99.1 to this Current Report on Form 8-K.  A copy of the press release is also available on its website at www.torminerals.com, under the News tab.

ITEM 9.01             FINANCIAL STATEMENTS AND EXHIBITS

(a)

Financial Statements of Businesses Acquired.
Not applicable.

(b)

Pro Forma Financial Information.
Not applicable.

(c)

Shell company transaction
Not applicable

(d)

Exhibits.

The following exhibit is furnished in accordance with the provisions of Item 601 of Regulation S-B:

Exhibit

Number                                  Description

    99.1                     Press Release, dated August 17, 2006, announcing the resignation of Lawrence W. Haas as Treasurer and CFO, effective August 28, 2006.

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SIGNATURES

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.

TOR MINERALS INTERNATIONAL, INC.
_____________________
(Registrant)

Date:  August 17, 2006

/s/ OLAF KARASCH

Olaf Karasch
President and CEO

EXHIBIT INDEX

Exhibit No.

Description

 

99.1

Press Release, dated August 17, 2006, announcing the resignation of Lawrence W. Haas as treasurer and CFO, effective August 28, 2006.

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