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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
Date of report (Date of earliest event reported) January 9, 1997
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Pioneer Commercial Funding Corp.
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(Exact Name of Registrant as Specified in Charter)
New York 0-24940 13-3763437
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(State of Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
6660 Reseda Blvd., Reseda, CA 91335
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (818) 776-0590
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(Former Name or Former Address, if Changed Since Last Report)
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ITEM 5. OTHER EVENTS.
1. REPLACEMENT OF THE CHIEF EXECUTIVE OFFICER AND CHIEF OPERATING OFFICER OF
REGISTRANT:
Arthur H. Goldberg and Elie Housman, who have served as, respectively, the
Registrant's Chief Executive Officer and Chief Operating Officer, have been
removed from such offices by the Board of Directors at a meeting of the
Board of Directors held on January 9, 1997. Effective as of such date M.
Albert Nissim has been appointed as the Registrant's President and Chief
Executive Officer.
2. RESIGNATION OF TWO DIRECTORS
Arthur H. Goldberg and Elie Housman resigned from their positions as
directors of the Registrant, effective January 20, 1997.
SIGNATURES
Pursuant to the requirement of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the under
the undersigned hereunto duly authorized.
PIONEER COMMERCIAL FUNDING CORP.
Date: January 23, 1997 By: /s/ M. Albert Nissim
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M. Albert Nissim
President
