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 reported):
November 9, 2004
KANSAS CITY SOUTHERN
(Exact name of company as specified in its charter)
DELAWARE 1-4717 44-0663509
(State or other (Commission file number) (IRS Employer
jurisdiction of Identification Number)
incorporation)
427 West 12th Street, Kansas City, Missouri 64105
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(816) 983 - 1303
Not Applicable
(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:
[ ] 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))
Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers
(b) On November 9, 2004, Kansas City Southern ("KCS" or "the Company") announced
that Gerald K. Davies, Executive Vice President and Chief Operating Officer of
KCS, will retire from the Company at the end of 2004. It is planned that Mr.
Davies will continue with KCS after his retirement on a consulting basis to
support the Company's efforts to acquire full ownership of Grupo Transportacion
Ferroviaria Mexicana, S.A. de C.V. and, subject to approval of the Surface
Transportation Board of KCS's control of the Texas Mexican Railway Company
("Tex-Mex"), to help facilitate the integration of Tex-Mex with The Kansas City
Southern Railway Company. KCS is currently in the process of searching for a
senior executive candidate to manage all of its U.S. rail operations. For
further information, see the press release dated November 9, 2004 attached
hereto as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits
(c) Exhibits
Exhibit No. Document
(99) Additional Exhibits
99.1 Press release dated November 9, 2004.
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.
Kansas City Southern
Date: November 9, 2004 By: /s/ James S. Brook
-------------------------------------------
James S. Brook
Vice President and Comptroller
(Principal Accounting Officer)
Date: November 9, 2004
Media Contact: Doniele Kane, 816-983-1372 or doniele.c.kane@kcsr.com
KCS Announces Planned Retirement of Executive Vice President and Chief
Operating Officer
Kansas City Southern (KCS or the Company) (NYSE: KSU) today announced
that executive vice president and chief operating officer Gerald K. Davies
will retire from the Company at the end of 2004. It is planned that Mr.
Davies will continue with KCS after his retirement on a consulting basis to
support the Company's efforts to acquire full ownership of Grupo
Transportacion Ferroviaria Mexicana, S.A. de C.V. (Grupo TFM). Also,
subject to the approval of the U.S. Surface Transportation Board of KCS'
control of the Texas Mexican Railway, Mr. Davies will also help facilitate
the seamless integration of that property with Kansas City Southern
Railway.
Mr. Davies commented, "I have been planning my retirement for a
considerable period of time and I appreciate the support KCS has given me
during this process. I am pleased with the progress made by KCS during my
time here and I am confident that the Company will soon achieve its goal of
creating a powerful NAFTA rail franchise. I very much look forward to my
continued association with the KCS."
Mr. Davies' transportation career began in 1970 with the United States
Department of Transportation. From there he went on to hold various
marketing, operating and finance positions within the railroad industry,
including vice president of marketing at CSXT, senior vice president of
marketing at Burlington Northern, and senior vice president marketing of
Canadian National. He joined KCS in 1999.
KCS chairman, president and chief executive officer Michael R. Haverty
stated, "Gerald has been a great asset to the Company. During his tenure,
he has played an important role in KCS growing its U.S. revenues while also
significantly increasing freight traffic between the U.S. and Mexico. He
has been equally effective in his role as top operating officer as
evidenced by the steady improvement in the Company's key operating metrics
to a point where we now rank among the industry's best run railroads. We
look forward to working with Gerald on the completion of our NAFTA rail
strategy."
KCS is currently in the process of searching for a senior executive
candidate to manage all U.S. rail operations and expects to have the
position filled around year's end.
KCS is comprised of, among others, The Kansas City Southern Railway
Company (KCSR), and equity investments in Grupo Transportacion Ferroviaria
Mexicana, S.A. de C.V. (Grupo TFM), Southern Capital Corporation (Southern
Capital), and Panama Canal Railway Company (PCRC).