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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): April 23, 1999
EINSTEIN/NOAH BAGEL CORP.
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(Exact name of registrant as specified in its charter)
Delaware 0-21097 84-1294908
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(State or other (Commission (IRS Employer
jurisdiction of File No.) Identification No.)
incorporation)
14103 Denver West Parkway, P.O. Box 4086, Golden, Colorado 80401
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(Address of principal executive offices)
(303) 215-9300
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(Registrant's telephone number, including area code)
Not applicable
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(Former name or former address, if changes since last report)
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Item 5. Other Events
On April 23, 1999, the Company announced that W. Eric Carlborg had
resigned as Chief Financial Officer of the Company and that the Company had
named Paula E. Manley to succeed Mr. Carlborg. Attached to this Current Report
on Form 8-K as Exhibit 99 is a copy of the Company's related press release dated
April 23, 1999.
Item 7. Financial Statements and Exhibits
Exhibit 99 Press release of the Company dated April 23, 1999.
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.
Dated: April 23, 1999
EINSTEIN/NOAH BAGEL CORP.
By: /s/ Paul A. Strasen
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Paul A. Strasen
Senior Vice President
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EXHIBIT 99
[LOGO OF EINSTEIN/NOAH BAGEL CORP. NEWS APPEARS HERE]
Contact: Nancy Shipp
303-216-3738
EINSTEIN/NOAH BAGEL CORP. APPOINTS NEW
CHIEF FINANCIAL OFFICER
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CARLBORG RESIGNS AS CFO
GOLDEN, COLO., April 23, 1999 - Einstein/Noah Bagel Corp. (Nasdaq: ENBX) today
announced the appointment of Paula E. Manley as Chief Financial Officer. W.
Eric Carlborg resigned as Chief Financial Officer to become the Chief Financial
Officer of Authorize.Net Corporation, a leading provider of electronic
transaction processing services based in Provo, Utah.
"Eric has been a key member of the senior management team and I will miss his
leadership and presence. I appreciate the strong contribution he has made over
the years and wish him and his family well," said Bob Hartnett, Chairman, Chief
Executive Officer and President of ENBC.
Manley has been a Vice President of the Company since February 1998. Prior to
that time, Manley was Chief Financial Officer of one of the Company's former
area developers. In addition, Manley has served as Controller of the franchise
division of Burger King Corp.
"Paula and I have worked together for over 3 years. With her strong financial
experience in the restaurant industry, I am extremely confident in her ability
to manage our business financially. We are fortunate to have such depth in our
current management team," added Hartnett.
Currently, there are 538 ENBC retail bagel stores in 29 states and the District
of Columbia operating under the Einstein Bros. Bagels and Noah's New York Bagels
brand names. Einstein Bros. and Noah's stores are unique bagel cafes and
bakeries featuring fresh-baked bagels, a variety of cream cheese spreads,
specialty coffee drinks, soups, sandwiches and salads. ENBC trades on the
Nasdaq SmallCap Market under the ticker symbol ENBX.
Certain matters discussed in this press release may contain "forward-looking
statements" within the meaning of the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements involve known and unknown risks,
uncertainties and other factors disclosed in the Company's reports filed with
the Securities and Exchange Commission that may cause actual results,
performance or achievements of the Company to differ from the results,
performance or achievements expressed or implied by such-forward looking
statements.
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