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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) April 28, 1995
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KRAUSE'S FURNITURE, INC.
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(Exact name of registrant as specified in its charter)
Delaware 0-17868 77-0310773
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
5980 Stoneridge Drive, Suite 109, Pleasanton, California 94588
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(Address of principal executive offices) (Zip Code)
Registrants's telephone number, including area code: (510) 460-6201
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
On April 28, 1995, the Board of Directors of Registrant appointed
Thomas M. DeLitto, Vice Chairman, to the additional position of Chief Executive
Officer. Mr. DeLitto previously served as Chief Executive Officer from July
1992 to December 1994. The Board also named Stephen Anderson, President and
Chief Operating Officer, in addition to his position as President and Chief
Operating Officer of Krause's Sofa Factory, a subsidiary of the Company.
In other executive changes of Registrant, Mark J. Gill has been named
Chief Financial Officer, the same position he holds at Krause's Sofa Factory.
Robert G. Sharpe was appointed Executive Vice President--Corporate Development
and Treasurer. Mr. Sharpe had served as the Company's Chief Financial Officer
since July 1987.
The executive management changes also include the resignation of
Michael W. Gibbons as President and Chief Executive Officer of the Company. Mr.
Gibbons plans to pursue other business interests.
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.
Date: May 1, 1995
KRAUSE'S FURNITURE, INC.
By: /s/ ROBERT G. SHARPE
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Robert G. Sharpe
Executive Vice President
Corporate Development
and Treasurer
