<PAGE>
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 29, 2000
XCEL MANAGEMENT, INC.
(Exact name of registrant as
specified in its charter)
Delaware 0-22814 87-0363613
(State or other (Commission) (IRS Employer
jurisdiction of File Number) Identification
incorporation) Number)
1101 Broadway Plaza
Tacoma, Washington 98402
(Address of principal executive offices and zip code)
(253) 284-2000
(Registrant's telephone number,
including area code)
(Former name or former address, if changed since last report)
<PAGE>
Item 5. Other Events
On June 15, 2000, Don Manzano resigned his position as President and
Chief Operations Officer of the Registrant, and Mr. John P. Gorst will be acting
as interim President and Chief Operations Officer. A copy of the press release
is filed as Exhibit 99.1 hereto and is incorporated by reference herein.
SIGNATURE
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.
XCEL MANAGEMENT, INC.
Dated: June 29, 2000 By: /s/ John P. Gorst
--------------------------------------
John P. Gorst, Chief Executive Officer
EXHIBIT INDEX
Exhibit No. Description
----------- -----------
99.1 Press Release, dated June 23, 2000.