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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) January 13, 1997
PictureTel Corporation
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(Exact name of registrant as specified in charter)
DELAWARE 1-9434 04-2835972
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(State or other (Commission (IRS Employer
jurisdiction File Number) Identification Number)
of incorporation)
100 Minuteman Road, Andover, MA 01810
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(Address of principal executive offices)
Registrant's telephone number, including area code (508) 292-5000
(Former name or former address, if changed since last report)
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Item 5. Other Events
On January 13, 1997 the Company issued a press release reporting
that Domenic LaCava, the Vice President Enterprise Systems Group, had been
promoted to the position of President and Chief Operating Officer of the
Company, effective immediately.
Financial Statements and Exhibits
(a) Financial Statements of business acquired:
Not applicable
(b) Pro Forma financial information
Not applicable
(c) Exhibits:
(10)(a) Press Release dated January 13, 1997
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
PictureTel Corporation
(Registrant)
By /s/ Les B. Strauss
Les B. Strauss
Vice President, Finance
Date: January 15, 1997
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EXHIBIT INDEX
Exhibit No.
(10)(a) Press Release dated January 13, 1997
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NEWS RELEASE
Contact: Kevin Flanagan
PICTURETEL CORPORATION
(508) 292-5178
[email protected]
PICTURETEL NAMES DOM LACAVA PRESIDENT AND CHIEF OPERATING OFFICER
LACAVA WILL WORK WITH PICTURETEL CHAIRMAN AND CEO NORMAN GAUT
TO RUN VIDEOCONFERENCING INDUSTRY LEADER
ANDOVER, Mass. -- JANUARY 13, 1997 -- PictureTel Corporation (NASDAQ: PCTL), the
global leader in videoconferencing and multimedia collaboration, today announced
the promotion of Dom LaCava to the position of president and chief operating
officer. LaCava will continue to report to Dr. Norman E. Gaut, who will remain
chairman and chief executive officer of PictureTel.
LaCava joined PictureTel in 1993 as vice president of the company's new
Personal Systems Division. He successfully directed PictureTel's entry into
desktop videoconferencing and the company quickly became a leader in this
important market segment. In 1996, LaCava was promoted to vice president of the
newly created Enterprise Systems Group (ESG), which combined PictureTel's
industry-leading Group Systems Division and Operations organizations with the
desktop business he had built. Later that year the company's Network Systems
Division became part of ESG, which gave LaCava responsibility for developing,
manufacturing and marketing the full range of PictureTel products.
In his new position, LaCava will continue all of his current duties and
he also will manage the company's sales, service and marketing organizations.
"PictureTel has become the global leader in our industry by ensuring
that we are organized to meet the changing needs of our customers," said Norman
Gaut. "Over the past several years, Dom LaCava has time and again demonstrated
his expertise in driving the
