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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the Securities
Exchange Act of 1934
SEPTEMBER 19, 1997
Date of Report (Date of earliest event reported)
SOURCE ONE MORTGAGE SERVICES CORPORATION
(Exact name of registrant as specified in its charter)
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<S> <C> <C>
DELAWARE 1-12898 38-2011419
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) file number) Identification No.)
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27555 FARMINGTON ROAD, FARMINGTON HILLS, MICHIGAN 48334-3357
(Address of principal executive offices, including zip code)
(248) 488-7000
(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS
James A. Conrad, President, Chief Executive Officer and Director of Source One
Mortgage Services Corporation, has announced his early retirement from the
Company. His successor is Frank Mohan, who will immediately take over as
President and Chief Executive Officer. Mr. Mohan has also been appointed to the
Company's board of directors.
Mr. Mohan's business career started in 1963 and has been spent
exclusively with Beneficial Corporation in various positions across the
United States. Most recently Mr. Mohan was Group President for Beneficial
headquartered out of Brewster, New York. His responsibilities included
overseeing a 157 branch network in the northeast and running Beneficial's
mortgage operation east of the Rockies.
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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 hereunto duly authorized.
SOURCE ONE MORTGAGE SERVICES CORPORATION
Dated: September 23, 1997 By: /s/ Michael C. Allemang
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Michael C. Allemang
Executive Vice President and
Chief Financial Officer
