<SEC-DOCUMENT>0001157523-13-003901.txt : 20130806
<SEC-HEADER>0001157523-13-003901.hdr.sgml : 20130806
<ACCEPTANCE-DATETIME>20130806161517
ACCESSION NUMBER:		0001157523-13-003901
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20130801
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
FILED AS OF DATE:		20130806
DATE AS OF CHANGE:		20130806

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WORLD FUEL SERVICES CORP
		CENTRAL INDEX KEY:			0000789460
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-PETROLEUM & PETROLEUM PRODUCTS (NO BULK STATIONS) [5172]
		IRS NUMBER:				592459427
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09533
		FILM NUMBER:		131013670

	BUSINESS ADDRESS:	
		STREET 1:		9800 N.W. 41ST STREET
		STREET 2:		SUITE 400
		CITY:			MIAMI
		STATE:			FL
		ZIP:			33178
		BUSINESS PHONE:		305-428-8001

	MAIL ADDRESS:	
		STREET 1:		9800 N.W. 41ST STREET
		STREET 2:		SUITE 400
		CITY:			MIAMI
		STATE:			FL
		ZIP:			33178

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INTERNATIONAL RECOVERY CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a50686302.htm
<DESCRIPTION>WORLD FUEL SERVICES CORPORATION 8-K
<TEXT>
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      <br>
      <font style="font-size: 12pt; font-family: Times New Roman"><b>UNITED
      STATES</b></font><br><br><font style="font-size: 12pt; font-family: Times New Roman"><b>SECURITIES
      AND EXCHANGE COMMISSION</b></font><br><br><font style="font-size: 12pt; font-family: Times New Roman"><b>WASHINGTON,
      D.C. 20549</b></font><br><br>
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      <font style="font-size: 12pt; font-family: Times New Roman"><b>FORM 8-K</b></font><br><br><font style="font-size: 12pt; font-family: Times New Roman"><b>CURRENT
      REPORT</b></font><br><br><font style="font-size: 12pt; font-family: Times New Roman"><b>PURSUANT
      TO SECTION 13 OR 15(d) OF</b></font><br><br><font style="font-size: 12pt; font-family: Times New Roman"><b>THE
      SECURITIES EXCHANGE ACT OF 1934</b></font><br><br>
    </p>
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    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman">Date of
      Report (Date of earliest event reported): &#160;August 1, 2013</font><br><br><font style="font-size: 12pt; font-family: Times New Roman"><b>WORLD
      FUEL SERVICES CORPORATION</b></font><font style="font-size: 12pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 12pt"></font><font style="font-size: 10pt; font-family: Times New Roman">(Exact
      name of registrant as specified in its charter)</font><br><br>
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          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Florida</b>
          </p>
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: center; width: 34%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>1-9533</b>
          </p>
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: center; width: 33%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>59-2459427</b>
          </p>
        </td>
      </tr>
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        <td style="text-align: center; width: 33%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (State or other jurisdiction of
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            incorporation)
          </p>
        </td>
        <td style="text-align: center; width: 34%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Commission File
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            Number)
          </p>
        </td>
        <td style="text-align: center; width: 33%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (I.R.S. Employer
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          <p style="margin-top: 0px; margin-bottom: 0px">
            Identification No.)
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    <p>
      <br>

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    <table style="font-size: 10pt; font-family: Times New Roman; margin-bottom: 10.0px; margin-left:auto;margin-right:auto; width: 100%" cellspacing="0">
      <tr>
        <td style="text-align: center; width: 67%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>9800 N.W. 41<sup>st</sup> Street, Suite 400</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Miami</b>
          </p>
        </td>
        <td style="padding-right: 0.0px; white-space: nowrap; text-align: center; width: 33%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>33178</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; width: 67%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">(Address
            of principal executive offices)</font>
          </p>
        </td>
        <td style="text-align: center; width: 33%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">(Zip
            Code)</font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>
      <font style="font-size: 10pt">Registrant&#8217;s telephone number, including
      area code:</font><font style="font-size: 10pt"><b> (305) 428-8000</b></font><br>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman">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:</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font><br>
    </p>
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    <p style="text-align: left">

    </p>
    <p style="text-align: justify">
      <b>Item 5.02. Departure of Directors or Principal Officers; Election of
      Directors; Appointment of Principal Officers</b>
    </p>
    <p style="text-align: justify">
      &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Effective August 1, 2013, World Fuel Services Corporation (the
      &#8220;Company&#8221;) promoted Carlos M. Velazquez to the position of Senior Vice
      President and Chief Accounting Officer. Mr. Velazquez, age 47, has
      served as the Company&#8217;s Senior Vice President &#8211; Finance for its marine
      segment since September 2009. In this capacity, he was responsible for
      overseeing financial reporting and accounting for the Company&#8217;s global
      marine segment, as well as all other finance related matters for the
      segment. From September 2002 to September 2009, Mr. Velazquez served as
      the Company&#8217;s Senior Vice President &#8211; Finance for its aviation
      segment.&#160;&#160;Prior to that, Mr. Velazquez served in various other finance
      and accounting capacities at the Company from June 1993 to September
      2002.&#160;&#160;Prior to joining the Company, Mr. Velazquez was in the audit
      division of Arthur Andersen LLP from 1991 to 1993.
    </p>
    <p style="text-align: justify">
      &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;In connection with this promotion, Mr. Velazquez&#8217;s annual base
      salary was increased to $340,000 effective August 1, 2013 and he is
      entitled to receive a restricted stock award, effective August 10, 2013,
      with a grant date value of $250,000, which will vest in three equal
      annual installments beginning on August 10, 2016, subject to his
      continued service. He is also eligible to receive an annual performance
      bonus in an amount to be determined by the Company.&#160;&#160;Mr. Velazquez&#8217;s
      target bonus for 2013 is 60% of his annual salary.&#160;&#160;Mr. Velazquez has
      also entered into a confidentiality and non-competition agreement which
      prohibits him from competing with the Company for a period of eighteen
      months following the termination of his employment for any reason.
    </p>
    <p style="text-align: justify">
      &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;There is no arrangement or understanding between Mr. Velazquez
      and any other person pursuant to which Mr. Velazquez was appointed an
      officer of the Company that would require disclosure under item 401(b)
      of Regulation S-K. Additionally, there is no family relationship between
      Mr. Velazquez and any other person that would require disclosure under
      item 401(d) of Regulation S-K. Mr. Velazquez is also not a party to any
      transaction that would require disclosure under Item 404(a) of
      Regulation S-K.
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    <p style="text-indent: 60.0px; text-align: left">

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    <p style="text-align: center">
      <b>SIGNATURES</b>
    </p>
    <p>

    </p>
    <p style="text-align: justify">
      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, thereunto duly authorized.
    </p>
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          <p style="margin-top: 0px; margin-bottom: 0px">
            Date:
          </p>
        </td>
        <td style="text-align: left; width: 45%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            August 6, 2013
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>World Fuel Services Corporation</b>
          </p>
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          &#160;
        </td>
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        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 30%">

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          &#160;
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        </td>
        <td style="width: 45%">

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        <td style="border-bottom: solid black 1.0pt; text-align: left; width: 30%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            /s/ R. Alexander Lake
          </p>
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          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
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        <td style="text-align: left; width: 45%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="text-align: left; width: 30%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            R. Alexander Lake
          </p>
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        <td style="width: 20%">

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        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="text-align: left; padding-left: 0.0px" colspan="2" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Senior Vice President, General Counsel and<br>Corporate Secretary
          </p>
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    <p style="text-align: center">

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