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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):
September 16, 1999
AMERICAN BUSINESS PRODUCTS, INC.
(Exact name of registrant as specified in its charter)
GEORGIA 1-7088 58-1030529
(State of (Commission File No.) (I.R.S. Employer
incorporation) Identification No.)
2100 RIVEREDGE PARKWAY, SUITE 1200
ATLANTA, GEORGIA 30328
(Address of principal executive offices, including zip code)
(770) 953-8300
(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS.
On September 16, 1999, Larry L. Gellerstedt, III resigned as Chairman
and Chief Executive Officer of the Registrant and from the Board of
Directors of the Registrant, effective immediately. The Registrant has
retained a national search firm to find a permanent replacement. In the
interim, G. Harold Northrop will serve as Chairman of the Board and
Daniel W. McGlaughlin will serve as Chief Executive Officer.
Details are contained in the Press Release, issued September 16, 1999
filed as Exhibit 99 hereto and incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits:
The following exhibit is filed herewith:
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EXHIBIT NO. DESCRIPTION
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99 Press Release, issued September 16, 1999
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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, thereunto duly authorized.
AMERICAN BUSINESS PRODUCTS, INC.
Dated: September 21, 1999 /s/ Richard G. Smith
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Richard G. Smith
Vice President and Chief Financial Officer
2
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EXHIBIT INDEX
The following exhibits are filed as part of this Report.
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EXHIBIT NO. DESCRIPTION PAGE NO.
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99 Press Release, issued September 16, 1999
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Contact:
Richard G. Smith
Chief Financial Officer
American Business Products
(770) 953-8300
FOR IMMEDIATE RELEASE
Investors: Robert P. Jones/Theresa Schillero
Media Contact: Eileen King/Stacey Reed
Morgen-Walke Associates, Inc.
(212) 850-5600
AMERICAN BUSINESS PRODUCTS ANNOUNCES RESIGNATION OF
CHAIRMAN AND CHIEF EXECUTIVE OFFICER
Atlanta, GA, September 16, 1999 - American Business Products (NYSE:ABP)
today announced the resignation of Chairman and Chief Executive Officer, Larry
L. Gellerstedt, and the initiation of a search for a permanent replacement. In
the interim, G. Harold Northrop will serve as Chairman of the Board, and Daniel
W. McGlaughlin will be Chief Executive Officer. Mssrs. Northrop and McGlaughlin
are on the Executive Committee of the Board of Directors.
Commenting on Mr. Gellerstedt's resignation, Mr. Northrop stated, "As
previously announced, Larry has been on medical leave. He recently informed the
Board that his recovery will take longer than expected. It is with regret that
we have accepted his resignation. He has done a great job in bringing new vigor
and direction to American Business Products. We wish him a speedy and complete
recovery."
American Business Products, Inc. is a leading supplier of specialty
packaging and printed office products. ABP's specialty packaging companies
include: Jen-Coat, Inc., a leader in extrusion coating and laminating of
packaging and other products; International Envelope Company, the world's
largest converter of Tyvek(R) mailers and other soft packages; and Discount
Labels, Inc., the largest short-run custom label producer in the U.S. ABP's
printed office products business, Curtis 1000 Inc., is a leader in
direct-to-user marketing of custom-printed envelopes and labels, digital
document services and business forms. Information on American Business Products
can be found on the Company's website at www.goabp.com.
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