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): March 3, 2010 (February 28,
2010)
FUSHI
COPPERWELD, INC.
(Exact
name of registrant as specified in its charter)
Nevada
(State or
other jurisdiction of
incorporation
or organization)
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0-19276
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13-3140715
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(Commission
File Number)
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(I.R.S.
Employer Identification
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Number)
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1 Shuang
Qiang Road
Jinzhou,
Dalian, People’s Republic of China
(Address
of principal executive offices)
116100
(Zip
Code)
(011)-86-411-8770-3333
(Registrant’s
telephone number)
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:
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¨
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Written
communications pursuant to Rule 425 under the Securities
Act
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¨
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Soliciting
materials pursuant to Rule 14a-12 under the Exchange
Act
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¨
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange
Act
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¨
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange
Act
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Item
5.02 Departure f Directors or Principal Officers;Election of
Directors; Appointment of Officers
Effective February
28, 2010, Beihong “Linda” Zhang resigned from her positions as Executive Vice
President and Chief Financial Officer of Fushi Copperweld, Inc. (the “Company”),
for medical related reasons. The Company and Mrs. Zhang are
currently working on the terms of Mr. Zhang’s separation from the
Company. Once the terms of the separation are finalized, the Company
will file an amendment to this Current Report on Form 8-K disclosing such
terms.
The Board of Directors has appointed
Mr. Wenbing “Chris” Wang, who is currently President of the Company, to assume
Ms. Zhang’s duties and act in the capacity of Interim Chief Financial Officer
until a replacement Chief Financial Officer is identified and
appointed. Mr. Wang previously served as Chief Financial Officer of
the Company from December 13, 2005 until September 1, 2009, when Ms. Zhang was
appointed. The Board of Directors and the Company are actively
seeking a permanent replacement for the role of Chief Financial
Officer.
Mr. Wang will not receive any
additional compensation for assuming the role as Interim Chief Financial
Officer. The current terms of Mr. Wang’s employment agreement as
President of the Company will remain in place.
Item
8.01 Other Events .
On March
3, 2010, the Company issued a press release announcing the resignation of its
Chief Financial Officer. A copy of the press release is filed
herewith as Exhibit 99.1, and incorporated herein by reference. .
Item
9.01. Financial Statements and Exhibits.
(d) Exhibits:
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No.
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Description
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99.1
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Press
Release, dated March 3, 2010
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SIGNATURES
Pursuant
to the requirements of the Securities and Exchange Act of 1934, the Registrant
has duly caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.
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FUSHI
COPPERWELD, INC.
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Date: March
3, 2010
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By
:
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/s/ Wenbing Christopher
Wang
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Wenbing
Christopher Wang,
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President
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EXHIBIT
INDEX
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Exhibit
No.
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Description
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99.1
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Press
Release, dated March 3,
2010
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