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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 20, 2000
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COMMERCIAL FEDERAL CORPORATION
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(Exact name of registrant as specified in its charter)
NEBRASKA 1-11515 47-0658852
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification Number)
2120 SOUTH 72nd STREET, OMAHA, NEBRASKA 68124
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number including area code: (402) 554-9200
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NOT APPLICABLE
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(Former name or former address, if changed since last report)
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COMMERCIAL FEDERAL CORPORATION
FORM 8-K
CURRENT REPORT
Item 5. Other Events:
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On April 20, 2000, Commercial Federal Corporation ("Commercial
Federal") announced that James A. Laphen, President and Chief Operating
Officer, will retire from Commercial Federal effective December 31,
2000.
Information regarding this announcement is set forth in Commercial
Federal's press release dated April 20, 2000, attached hereto as
Exhibit 99 and incorporated herein by reference.
Item 7. Financial Statements and Exhibits:
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(a) Exhibits:
Exhibit 99. Press release dated April 20, 2000.
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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 thereunto duly authorized.
COMMERCIAL FEDERAL CORPORATION
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(Registrant)
Date: April 27, 2000 /s/ William A. Fitzgerald
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William A. Fitzgerald
Chairman of the Board and
Chief Executive Officer
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Exhibit 99
Press Release Dated April 20, 2000
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Date: April 20, 2000
Contact: Larry R. Goddard
Investor Relations Department
(402) 390-6553
FOR IMMEDIATE RELEASE
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Omaha, Nebraska (April 20, 2000)--Commercial Federal Corporation (NYSE:CFB)
announced that James A. Laphen, president and chief operating officer, will
retire from the company, effective December 31, 2000.
"Jim Laphen has made significant contributions to Commercial Federal," said
William A. Fitzgerald, chairman of the board and chief executive officer. "When
Jim joined us 12 years ago we were about half the asset size, had less than 70
branches, and our services were limited to those of a traditional thrift. As a
result of his role in our expansion program over that time, Commercial Federal
is now a powerful regional banking franchise, with a leading presence in
America's heartland," Mr. Fitzgerald explained.
Mr. Laphen joined the bank in 1988 from Home Unity Mortgage Services, where
he was president and chief executive officer. He is a graduate of Drexel
University. "It's been professionally and personally rewarding being a part of
such an energized and talented team, and gratifying to see the growth and
transformation of Commercial Federal brought about by a lot of hard work. I want
to make sure that in my last months with the bank, we have a smooth transition,"
Mr. Laphen said. "When that transition is complete, I look forward to spending
more time with my family and expanding my professional horizons," he concluded.
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Commercial Federal said that it had retained Heidrick & Struggles to
identify candidates to replace Mr. Laphen.
Commercial Federal Corporation is the parent company of Commercial Federal
Bank, which currently operates 256 retail offices in Iowa, Nebraska, Kansas,
Colorado, Oklahoma, Missouri, Arizona, and Minnesota.