Business Context and Reporting Period
This Form 8-K Current Report was filed by Commercial Metals Company on June 19, 2009, regarding an event that occurred on May 27, 2009. The filing addresses corporate governance changes specifically related to the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to Item 5.02 regarding officer departures and does not contain financial performance data.
Material Changes
The material change reported is the announcement of a director's retirement. On May 27, 2009, Moses Feldman, a member of the Board of Directors, submitted a letter stating his intent to retire from the Board at the Company's 2010 annual meeting scheduled for January 28, 2010.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies beyond the specific event of the director's departure.
Key Facts for Investor Verification
- Event Date: May 27, 2009 (Intent to retire communicated).
- Effective Date: January 28, 2010 (Scheduled 2010 annual meeting).
- Individual Involved: Moses Feldman, Board Member.
- Reason: Retirement.
- Financial Impact: None disclosed in this filing.