AMERICAN PAD & PAPER CO OF DELAWARE INC
8-K, 1997-11-13
MISCELLANEOUS PUBLISHING
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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: November 11, 1997 (November 3, 1997)
                            ------------------------------------

                         Commission file number 1-11803
                                                -------

                          AMERICAN PAD & PAPER COMPANY
             (Exact name of registrant as specified in its charter)

              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


                        Commission file number 333-3006
                                               --------

                 AMERICAN PAD & PAPER COMPANY OF DELAWARE, INC.
             (Exact name of registrant as specified in its charter)

              Delaware                                            25-1512956
   (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 November 3, 1997, American Pad & Paper Company (the "Company") issued a
press release announcing the resignation of Kevin McAleer, Chief Financial
Officer. That press release is incorporated herein as Exhibit 99.1.

Item 7.  Exhibits

99.1     Press release by the Company dated November 3, 1997


                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrants have duly caused this report to be signed on their behalf by the
undersigned hereunto duly authorized.

American Pad & Paper Company 
American Pad & Paper Company of Delaware, Inc.


/s/ William W. Solomon, Jr.                                November 11, 1997
- -------------------------------                            ---------------------
William W. Solomon, Jr.                                    Date
Chief Accounting Officer


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                               Index to Exhibits



<TABLE>
<CAPTION>
Exhibit
Number                 Description
- ------                 -----------
 <S>                   <C>
 99.1                  Press release by the Company dated November 3, 1997
</TABLE>

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                                                                    Exhibit 99.1

                                CONTACT:    Charles Hanson
                                            American Pad & Paper Co.
                                            (972) 733-6200
FOR IMMEDIATE RELEASE
                                            Robert P. Jones/Stacy Lipschitz
                                            Stan Froelich - Press
                                            Morgen-Walke Associates
                                            (212) 850-5600


            AMERICAN PAD AND PAPER COMPANY ANNOUNCES RESIGNATION OF
                            CHIEF FINANCIAL OFFICER


         DALLAS, Texas, November 3, 1997 -- American Pad & Paper Company
(NYSE:AGP) today announced that the Board of Directors has accepted the
resignation of Kevin McAleer, Chief Financial Officer, effective immediately.
Mr. McAleer has resigned his position in order to pursue other interests.

         Additionally, the Company announced that it has retained the executive
search firm, Heidrick & Struggles, to fill the position. William W. Solomon,
Jr., the current Vice President Controller, will assume Mr. McAleer's
responsibilities during the interim. American Pad & Paper Co., which invented
the legal pad in 1888, is a leading manufacturer and marketer of paper-based
office products in North America. In its 20 U.S. facilities, the Company
manufactures and distributes writing pads, file folders, machine papers,
envelopes and other office products. Name brands include: Ampad, Century,
Embassy, Gold Fibre, Huxley, Karolton, Kent, Peel & Seel, SCM, Williamhouse and
World Fibre.



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