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 July 26, 1996
(Date of earliest event reported) July 17, 1996
AUGAT INC.
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(Exact name of registrant as specified in its charter)
Massachusetts
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(State or other Jurisdiction of incorporation)
1-6176 04-2022285
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(Commission File Number) (IRS Employer Identification No.)
89 Forbes Boulevard
P.O. Box 448
Mansfield, Massachusetts 02048
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code
(508) 543-4300<PAGE>
Item 6 - Resignation of Registrant's Directors
On July 17, 1996, the Registrant announced the
resignation of William R. Fenoglio, President and
Chief Executive Officer effective July 17, 1996. Enclosed as
Exhibit 1 is a copy of the news release covering the above item.
Item 7 - Financial Statements and Exhibits
(a) Financial Statements - None
(b) Exhibit 1 - The Registrant's news release dated
July 17, 1996.
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 thereto duly authorized.
Augat Inc.
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(Registrant)
By: F. Gordon Bitter
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F. Gordon Bitter
Vice President and
Chief Financial Officer
Date: July 26, 1996<PAGE>
EXHIBIT 1
FOR IMMEDIATE RELEASE
Contact:
Gordon Bitter or James R. Buckley
Chief Financial Officer Senior Consultant
Augat Inc. Sharon Merrill Associates, Inc.
508/543-4300 617/542-5300
AUGAT ANNOUNCES RESIGNATION OF CHIEF EXECUTIVE OFFICER
Mansfield, Mass., July 17, 1996 -- Augat Inc. (NYSE:AUG)
today announced the resignation of William R. Fenoglio, President
and Chief Executive Officer of the company, effective
immediately. At a regular board meeting held yesterday, the
Board and Mr. Fenoglio agreed on this decision due to differences
over the implementation of the strategic direction of the
company.
To fill the vacancy created by Mr. Fenoglio's resignation,
the Board elected two current Augat directors to top management
positions. John N. Lemasters, an Augat director since 1988 was
named Chairman and Chief Executive Officer and Marcel P. Joseph,
retired Chairman of Augat, was named President and Chief
Operating Officer.
Augat also indicated that the board is undertaking a search
for a permanent chief executive officer.
Mr. Lemasters, 62, is a recently retired 38-year veteran of
the communications industry and was most recently Chairman and
CEO of Computer Products, Inc. Previously, he was President and
CEO of Contel Corporation and Senior Vice President of Harris
Corporation.
Mr. Joseph, 61, was Chairman and Chief Executive Officer of
Augat for seven years preceding Mr. Fenoglio and, prior to that
time, was President and Chief Operating Officer of Comsat
Corporation and Senior Vice President and General Manager of the
Transportation Products Division of General Electric Corporation.
"The Board of Directors is appreciative of the progress the
company has made under Bill Fenoglio's leadership. Marcel Joseph
and I intend to pursue the company's stated strategic objectives
and we are confident that they will be met," said Mr. Lemasters.
Augat is one of the world's largest manufacturers of
connector products, with broad applications in the
communications, computer, automotive and industrial markets.
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