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) N/A
Heilig-Meyers Company
(Exact name of registrant as specified in its charter)
<TABLE>
<S> <C> <C>
Virginia 1-8484 54-0558861
(State or other jurisdiction of incorporation) (Commission (IRS Employer
file number) Identification No.)
</TABLE>
12560 West Creek Parkway, Richmond, Virginia 23238
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (804) 784-7300
N/A
(Former name or former address, if changed since last report)
<PAGE>
Item 5. Other Events
On December 2, 1998, Heilig-Meyers Company (the "Company") issued a
press release reporting that Troy A. Peery, Jr., President and Chief Operating
Officer of the Company, will retire from the Company and its Board of Directors
effective March 1, 1999. The press release is attached hereto as Exhibit 99 and
is incorporated herein by reference.
Item 7. Financial Statements and Exhibits
(c) Exhibits
The following exhibit is filed as a part of this report:
Exhibit 99 - Press Release dated December 2, 1998.
<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of
1934, the registrant has caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
HEILIG-MEYERS COMPANY
Date: December 3, 1998 By: /s/ William C. DeRusha
------------------------------------------
William C. DeRusha
Chairman,
Chief Executive Officer
<PAGE>
Exhibit Index
Exhibit
No. Description
99 Press Release dated December 2, 1998
EXHIBIT 99
FOR IMMEDIATE RELEASE: DECEMBER 2, 1998
Heilig-Meyers Announces Executive's Retirement
Richmond, VA: Heilig-Meyers Company (NYSE: HMY) announced that Troy A.
Peery, Jr., President and Chief Operating Officer will retire from the Company
and its Board of Directors effective March 1, 1999. Mr. Peery joined
Heilig-Meyers in 1972 and held positions as Controller, Treasurer, Senior Vice
President-Finance and Executive Vice President prior to being named President in
April of 1986. During the time in which Mr. Peery served as President and Chief
Operating Officer, Heilig-Meyers grew from 214 stores with $182 million in
revenues to over 1,200 stores generating over $2.5 billion in total revenues.
Mr. Peery commented that he was proud of what the Company had accomplished
during his tenure. He added, "What we've built at Heilig-Meyers over the past 26
years is far greater than I could have ever imagined when I joined the Company
in 1972." Upon retirement, Mr. Peery plans to continue and expand his
involvement with community work and philanthropic causes.
William C. DeRusha, Chairman and Chief Executive Officer, commented
that Mr. Peery was instrumental in the Company's emergence as the Nation's
largest home furnishings retailer. The Company announced that Mr. DeRusha had
been elected to assume the additional responsibilities of the President.
Heilig-Meyers Company is the Nation's largest retailer of furniture,
bedding and related items with stores in 37 states, Washington D.C. and Puerto
Rico.
