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) June 30, 1997
CELLULARVISION USA, INC.
------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 000-27582 13-3853788
- ---------------------------- ------------ -------------------
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
505 Park Avenue, New York, NY 10022
- ---------------------------------------- ----------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (212) 751-0900
<PAGE>
Item 5. Other Events
Senior Philips Electronics Executive Appointed President, Chief Operating
Officer and Director of CellularVision USA, Inc.
Patrick J. Greaney Tapped to Lead Period of Important Growth
CellularVision USA, Inc.(NASDAQ: CVUS) announced on June 30, 1997 that it has
named Patrick J. Greaney, formerly senior vice president and member of the
executive management committee with Philips Electronics North America
Corporation, as president, chief operating officer and a director of the
company. After 26 years at Philips, Greaney joins CVUS to lead it through an
important time in its development. In his new role he will develop and oversee
the company's strategy as it relates to the upcoming Federal Communications
Commission (FCC) auctions of the 28 GHz spectrum, and will also be responsible
for the company's operating subsidiaries, including CellularVision of New York
(CVNY).
At Philips, Greaney was responsible for the corporation's Business and
Industrial Electronics activities in North America. He also was responsible for
corporate technology and business development, as well as overseeing venture
investments, including Philips' investment in CVUS. During his tenure, Philips
in North America grew 14-fold, from revenues of $500 million in 1971 to revenues
in excess of $7 billion in 1996.
Greaney is an electrical engineer with an undergraduate degree from Manhattan
College and an MBA from Iona College. He lives in Wyckoff, New Jersey.
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 hereunto duly authorized.
CellularVision USA, Inc.
By /s/ Charles N. Garber
--------------------------------
Charles N. Garber
Chief Financial Officer
Dated: July 7, 1997
2
