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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OF 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) FEBRUARY 11, 1998
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FRITZ COMPANIES, INC.
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
DELAWARE 0-20548 94-3083515
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(STATE OR OTHER JURISDICTION (COMMISSION FILE (IRS EMPLOYER
OF INCORPORATION) NUMBER) IDENTIFICATION NO.)
706 MISSION STREET, SAN FRANCISCO, CALIFORNIA 94103
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE (415) 904-8360
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INAPPLICABLE
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(FORMER NAME OR FORMER ADDRESS IF CHANGED SINCE LAST REPORT)
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Item 5. Other Events
On February 11, 1998, the Company issued a press release
announcing the addition of two new members to its Board of
Directors. A copy of the press release is attached as
Exhibit 99.1.
Item 7. Financial Statement and Exhibits
(c) See the attached Exhibit Index.
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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.
FRITZ COMPANIES, INC.
/s/ Lynn C. Fritz
By _________________________________________
Lynn C. Fritz
Chairman of the Board and Chief Executive
Officer (Principal Executive Officer)
Dated: February 11, 1998
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EXHIBIT INDEX
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NUMBER EXHIBIT PAGE
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99.1 Press release dated February 11, 1998. 5
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EXHIBIT 99.1
NEWS RELEASE
Fritz Companies, Inc.
[LOGO]
706 Mission Street, San Francisco, CA 94103
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For additional information
Contact: Jay Bellin,
Corporate Marketing
415-538-0314
[email protected] For Immediate Release
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FRITZ COMPANIES, INC. ELECTS PAUL OTELLINI AND WILLIAM J. RAZZOUK AS NEW BOARD
MEMBERS
San Francisco, CA (February 11, 1998) - Fritz Companies, Inc. announced the
addition of two new members to its Board of Directors. Joining the Board are
Paul Otellini, Executive Vice President at Intel Corporation, and William J.
Razzouk, President, COO, and Director at Storage USA, Inc.
"We are very pleased to have these individuals join our Board to develop further
the direction and strategy of our Company. Their expertise and experience will
be key to achieving our goal of delivering the most complete and efficient
supply chain management solutions to all our clients worldwide," said Lynn C.
Fritz, Chairman and CEO of Fritz Companies, Inc.
Paul Otellini is Executive Vice President of Intel and General Manager of The
Intel Architecture Business Group, responsible for all of Intel's Computing
Products businesses. Prior to that he was Director of Intel Sales and Marketing.
Since joining Intel in 1974, Paul has held a number of positions in Intel's
Semiconductor and Systems businesses. He managed Intel's business with IBM from
1980 through 1985. After becoming General Manager of the Microprocessor Products
Group in 1990 he was elected a corporate officer in 1991 and Senior Vice
President in 1993. In May of 1994, he moved to his current position and was
promoted to Executive VP in 1996. Mr. Otellini received his B.A. in Economics
from the University of San Francisco in 1972 and his M.B.A. from the University
of California at Berkeley in 1974.
William Razzouk, President and COO of Storage USA, Inc., is responsible for
daily operations as well as the development of the long term strategy for the
company. Mr. Razzouk also owns a management consulting business, WJR Advisors
LLC, and investment company, WJR Ventures LLC.
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Prior to joining Storage USA, he held several management positions with Federal
Express Corporation (FedEx), and was promoted to Executive Vice President, World
Wide Customer Operations and COO in 1993. In this position, he had full
enterprise P&L responsibility on a worldwide basis. FedEx had record earnings in
each of the three years that Mr. Razzouk was EVP/COO, and revenues grew from $1
billion to $10 billion during his 13 year tenure with the company.
Fritz Companies, Inc. is a leader in global transportation and logistics.
Providing flexible service options ranging from integrated logistics programs to
traditional freight forwarding and customs brokerage, Fritz develops, implements
and delivers worldwide supply chain solutions for its clients. The Fritz
worldwide network is comprised of more than 10,000 staff operating across 480
locations, present in 115 countries, linked together by systems.
Fritz Companies, Inc. (NASDAQ : FRTZ) is headquartered at 706 Mission Street,
San Francisco, CA 94103, (415) 904-8360. All recent information releases are
available via fax-on-demand service accessed by dialing 888-286-6419. Additional
information is available via the Internet: http://www.fritz.com
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