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) September 2, 1997
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Craig Consumer Electronics, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 0-27882 95-04228391
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
13845 Artesia Boulevard, Cerritos, California 90703-9000
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 562-926-9944
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Not Applicable
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(Former name or former address, if changed since last report.)
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ITEM 5. OTHER EVENTS
On September 2, 1997, the Board of Directors of the Registrant approved the
appointment of Mr. Richard Williamson as Chairman of the Board and Chief
Executive Officer. Mr. Richard Berger (the former Chairman and Chief Executive
Officer) will continue to act in the capacity of President.
Mr. Williamson has, since 1989, been a turnaround management consultant
working in various capacities with distressed or bankrupt entities. Mr.
Williamson is a certified public accountant, formerly associated with Arthur
Andersen & Co. Mr. Williamson is a 1978 graduate of Louisiana State University.
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.
Craig Consumer Electronics, Inc.
Date: September 5, 1997 By: /s/ Richard M. Williamson
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Richard M. Williamson
Its Chairman of the Board (Principal Executive)
Date: September 5, 1997 By: /s/ Tony Chow
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Tony Chow
Chief Financial Officer
(Principal Accounting Officer)
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