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UNITED STATES
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 1, 2020

WORLD FUEL SERVICES CORPORATION
(Exact name of registrant as specified in its charter)

Florida
(State or other jurisdiction of incorporation)
001-09533
(Commission File Number)
59-2459427
(I.R.S. Employer Identification No.)

9800 N.W. 41st Street
Miami, Florida
(Address of principal executive offices)
33178
(Zip Code)
 

Registrant’s telephone number, including area code: (305) 428-8000

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))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class
Trading Symbol(s)
Name of each exchange on which registered
   
 
Common Stock, par value $0.01 per share
INT
New York Stock Exchange
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company ☐
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02.    Departures of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 1, 2020, Mr. Stephen J. Gold, a member of the Board of Directors (the “Board”) of World Fuel Services Corporation (the “Company”), informed the Company that he will not be standing for re-election at the Company’s 2020 annual meeting of shareholders. The decision by Mr. Gold reflects his desire to devote more time to other commitments and activities, and it was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.

Item 7.01.    Regulation FD Disclosure

The Company announced today that it has completed the previously announced acquisition of the UVair® fuel business from Universal Weather and Aviation, Inc.  A copy of the press release is attached hereto as Exhibit 99.1.

This information and the information contained in Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as may be expressly set forth by specific reference in any such filing.


Item 9.01.    Financial Statements and Exhibits

(d)
Exhibits
  
     
   Exhibit No. Description
     
   99.1 Press Release, dated March 4, 2020.


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, thereunto duly authorized.


Date: March 4, 2020 

  World Fuel Services Corporation  
     
     

/s/ R. Alexander Lake  
  R. Alexander Lake  
  Executive Vice President, Chief Legal Officer  
  and Corporate Secretary  


EXHIBIT INDEX

 Exhibit
 
 Description
 

 
 Exhibit 99.1


World Fuel Services Corporation Completes Acquisition of Universal Weather and Aviation’s UVair® Fuel Business

---Expands Business and General Aviation Global Fuel Portfolio---

MIAMI--(BUSINESS WIRE)--March 4, 2020--World Fuel Services Corporation (NYSE: INT) today announced that it has completed the previously announced acquisition of Universal Weather and Aviation, Inc.’s UVair® fuel business.

“We are pleased to welcome the UVair® team to the World Fuel Services organization,” stated Michael J. Kasbar, chairman and chief executive officer of World Fuel Services Corporation. “This acquisition complements our organic growth initiatives and will provide additional momentum for the advancement of our global aviation platform.”

UVair, headquartered in Houston, Texas, serves business and general aviation customers at more than 5,000 locations worldwide. While Universal will maintain its international trip planning services business, as part of the purchase of the UVair® fuel business, Universal will now be working exclusively with World Fuel Services to provide fuel supply to their customers.

Contacts

Ira M. Birns, Executive Vice President &
Chief Financial Officer

Glenn Klevitz
Vice President, Treasurer & Investor Relations
305-428-8000