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UNITED STATES
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):December 17, 1998 (December 2,
1998)
AMERICAN PAD & PAPER COMPANY
(Exact name of registrant as specified in its charter)
Commission file number 1-11803
Delaware 04-3164298
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
17304 Preston Road, Suite 700, Dallas, TX 75252-5613
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (972) 733-6200
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Item 5. Other Events.
On December 2, 1998, American Pad & Paper Company (the "Company") issued a
press release announcing that it has named James V. Heim as President of its
AMPAD division.
This press release is incorporated herein as Exhibit 99.018.
Exhibit
99.18 Press release by the Company dated December 2, 1998.
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.
American Pad & Paper Company
December 17, 1998 /s/ David N. Pilotte
Date David N. Pilotte
Vice President and Corporate Controller
Principal Accounting Officer
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Exhibit 99.018
CONTACT:Mark Lipscomb
Vice President, Corporate Communications
American Pad & Paper Co.
(972) 733-5415
FOR IMMEDIATE RELEASE
Theresa Schillero
Leslie Feldman/Eileen King - Press
(212) 850-5600
Ken Pieper
(972) 663-9390
Morgen-Walke Associates
AMERICAN PAD & PAPER NAMES PRESIDENT OF AMPAD DIVISION
DALLAS, Texas, December 2, 1998, -- American Pad & Paper Company
(NYSE:AGP) (AP&P) announced today that it has named James V. Heim as President
of its AMPAD division.
Mr. Heim, 44, joins AP&P from American Safety Razor, a $310 million
consumer products Company, where he was Senior Vice President responsible for
all aspects of marketing, sales and manufacturing. Prior to American Safety
Razor, he held Senior VP Sales and General Manager positions with
Maybelline/Cosmair, and has held senior marketing and sales positions with both
Polaroid and Procter & Gamble. Mr. Heim received his Bachelors of Business
Administration and Masters of Business Administration degrees from Southern
Methodist University in Dallas, Texas.
"Jim Heim has a proven track record as a creative, problem-solving
marketing executive, who has consistently shown the ability to deliver high
levels of sales performance while building strong, highly motivated marketing
and sales organizations," said James W. Swent III, Chief Executive Officer of
AP&P. "Jim's extensive experience with mass merchandisers such as Wal-Mart,
K-Mart, CVS, Rite Aid and Target, will be key as we maintain and expand our
presence in the retail channels, rebuild market share with the contract
stationers, wholesalers and independent resellers and explore new channels with
the food and drug chains. During his career Jim has directed a number of
successful brand awareness campaigns and this expertise will be key in expanding
our market presence with the AMPAD division."
American Pad & Paper Company is a leading manufacturer and marketer of
paper-based office products in North America. Product offerings include
envelopes, writing pads, file folders, machine papers, greeting cards and other
office products. The key operating divisions of the Company are Williamhouse,
AMPAD, and Creative Card which market principally under the following Brand
Names: AMPAD(R), Century(TM), Embassy(R), Evidence(R), Globe-Weis(R), Gold
Fibre(TM), Huxley(TM), Karolton(R), Kent(R), Peel & Seel(R), SCM(TM),
Williamhouse(TM) and World Fibre(TM). Company revenues in 1997 were $687
million.
This release contains forward-looking statements relating to future
results. Actual results may differ significantly as a result of factors over
which the Company has no control, including, but not limited to the following:
changing economic conditions, slower than anticipated sales growth, price and
product competition and changes in raw material costs. Additional information,
which could affect the Company's financial results, is included in the Company's
filings with the Securities and Exchange Commission.
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