The total number of sequentially numbered pages in this manually signed original
is 6. Exhibit Index is sequential page no. 4.
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) June 2, 1997
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INTEGON CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 001-10997 13-3559471
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(State or Other (Commission File Number) (I.R.S. Employer
Jurisdiction of incorporation) Identification
500 West Fifth Street
Winston-Salem, North Carolina 27152
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(Address of Principal Executive Offices)
(910) 770-2000
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(Registrant's Telephone Number, Including Area Code)
Not Applicable
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(Former name or former address, if changed since last report.)
Page 1 of 6
Exhibit Index is on Page 4
<PAGE>
Item 5. Other Events
On June 2, 1997, Integon Corporation (the "Company") issued a press
release announcing the election of John B. McKinnon to the position of President
and Chief Executive Officer. A copy of the press release is attached hereto as
Exhibit 99.1.
Item 7. Exhibits
(c) Exhibits.
Exhibit Number Description
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99.1 Press Release dated
June 2, 1997 issued
by the Company.
Page 2
<PAGE>
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.
INTEGON CORPORATION
June 10, 1997 By: /s/ Donald F. McKee
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Date Donald F. McKee
Senior Vice President and
Chief Financial Officer
(Principal Financial Officer)
Page 3
<PAGE>
Exhibit Index
Exhibit Number Description Page No.
- -------------- ----------- --------
99.1 Press Release dated June 2, 1997 5
issued by the Company
Page 4
<PAGE>
Exhibit 99.1
PRESS RELEASE DATED JUNE 2, 1997
ISSUED BY THE COMPANY
Page 5
<PAGE>
Integon Corporation
Winston-Salem, NC 27152
Analysts Contact:
Gay Huntsman (910) 770-8434
Media Contact:
Turner Coley (910) 760-3000
Integon Elects President And CEO
WINSTON-SALEM, NC, June 2, 1997 The Board of Directors of Integon Corporation
(NYSE:IN) announced today the election of John B. McKinnon, a current director
of the Company, to the position of President and Chief Executive Officer. John C
Head III will continue to serve as Chairman of the Board. Previously, the Board
announced the hiring of Goldman, Sachs & Co. to pursue strategic alternatives,
including the sale of the Company.
Mr. McKinnon, a resident of Winston-Salem, is currently a private
business advisor. He served as the Dean of the Babcock Graduate School of
Management at Wake Forest University from July 1989 until he retired in May
1995. Prior to serving as Dean at the graduate school, Mr. McKinnon was the
president of Sara Lee Corporation.
The Company previously conducted a search for a new CEO, a process that
was delayed pending the review of strategic alternatives. Mr. McKinnon will lead
the search process upon completion of the strategic review.
Integon Corporation, through its wholly owned property and casualty
insurance subsidiaries, specializes in the underwriting and marketing of
nonstandard and other specialty automobile insurance products to individuals.
The Company, headquartered in Winston-Salem, North Carolina, markets its
products through approximately 13,000 agencies in 30 states.
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