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
July 23, 1998
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Date of Report (Date of earliest event reported)
CPAC, INC.
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(Exact Name of registrant as specified in its charter)
New York 0-9600
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State or other jurisdiction Commission File Number
of incorporation
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16-0961040
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IRS Employer ID Number
2364 Leicester Road, Leicester, New York 14481
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(Address of Principal Executive Offices
(716) 382-3223
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(Registrant's telephone number, including area code)
ITEM 1: CHANGES IN CONTROL OF REGISTRANT
Not Applicable
ITEM 2: ACQUISITION OR DISPOSITION OF ASSETS
Not Applicable
ITEM 3: BANKRUPTCY OR RECEIVERSHIP
Not Applicable
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ITEM 4: CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
Not Applicable
ITEM 5: OTHER EVENTS
Mr. Robert C. Isaacs has resigned as Senior Vice President and Chief
Acquisitions Officer of the Registrant. Mr. Isaacs, who joined the Company in
1986, will remain a member of the Company's Board of Directors. In addition, he
will be involved in special projects on the Company's behalf as his personal
situation allows. Thomas N. Hendrickson, the Registrant's President and Chief
Executive Officer, with the assistance of CPAC senior management, has assumed
Mr. Isaac's responsibilities on a temporary basis during the search for a
replacement.
CPAC, Inc. is an acquirer, developer and licensee of brand names in
the Cleaning and Personal Care, and Imaging markets. CPAC owns The Fuller Brush
Company in Great Bend, Kansas, as well as five imaging chemical facilities in
the U.S. and Europe. Shares are traded over the Nasdaq National Market System
under the ticker symbol "CPAK."
ITEM 6: RESIGNATION OF REGISTRANT'S DIRECTORS
Not Applicable
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA
FINANCIAL INFORMATION AND EXHIBITS
A. FINANCIAL STATEMENT OF BUSINESS ACQUIRED
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Not Applicable
B. PRO FORMA FINANCIAL INFORMATION
Not Applicable
C. EXHIBITS
There are no Exhibits attached to this Current Report (Form 8-K).
1. Underwriting Agreement
Not Applicable
2. Plan of acquisition, reorganization,
arrangement, liquidation or succession
Not Applicable
4. Instruments defining the rights of security
holders, including debentures
Not Applicable
16. Letter re: change in certifying accountant
Not Applicable
17. Letter re: director resignation
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Not Applicable
20. Other documents or statements to security holders
Not Applicable
24. Consents of experts and counsel
Not Applicable
25. Power of Attorney
Not Applicable
27. Financial Data Schedule
Not Applicable
99. Additional Exhibits
None
ITEM 8: CHANGE IN FISCAL YEAR
Not Applicable
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ITEM 9: SALES OF EQUITY SECURITIES PURSUANT TO REGULATION S
Not Applicable
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.
Dated: July 28, 1998 CPAC, Inc.
By: /s/ Thomas N. Hendrickson
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THOMAS N. HENDRICKSON
President and Chief Executive
Officer
Dated: July 28, 1998 CPAC, Inc.
By: /s/ Thomas J. Weldgen
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THOMAS J. WELDGEN
Vice President Finance and
Chief Financial Officer
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