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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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) September 8, 1998
Commission file number 0-23606
EDUCATIONAL INSIGHTS, INC.
(Exact name of Registrant as specified in its Charter)
California 95-2392545
(State of incorporation) (IRS Employer Identification No.)
16941 Keegan Avenue, Carson, California 90746
(Address of principal executive offices) (Zip Code)
(310) 884-2000
(Registrant's telephone number, including area code)
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Item 5. OTHER EVENTS
See the following press release, dated September 8, 1998, announcing a
change in the officers of the Company. This change will occur on September
17, 1998.
For more information, Contact: FOR IMMEDIATE RELEASE
G. Reid Calcott
Chief Financial Officer
(310) 884-2200
(310) 884-2013 (fax)
EDUCATIONAL INSIGHTS
ANNOUNCES NEW PRESIDENT/CEO
Carson, CA - September 8, 1998 - Educational Insights (NASDAQ:EDIN) announced
today that Ted Eischeid will assume leadership as its new President and Chief
Executive Officer on September 17, 1998.
Mr. Eischeid, who is a seasoned executive in the consumer products industry,
has come to the Company from Revell-Monogram Inc. where for the last seven
years he has served as President and Chief Executive Officer. He also
currently serves as Vice Chairman of the Toy Manufacturers of America trade
association.
Mr. Eischeid began his career with Arthur Andersen & Co.and spent eight years
with Arvey Corporation, primarily in financial management.
Mr. Eischeid's educational credentials include a Bachelor of Science degree
from Iowa State University, a Masters of Management from Northwestern
University, and a Juris Doctor, Cum Laude degree from Loyola University of
Chicago.
Mr. Eischeid is married and has two daughters. They will be moving to
Southern California as soon as practical.
In announcing Mr. Eischeid's employment, Jay Cutler, President of Educational
Insights, stated, "I'm pleased that Ted will be joining Educational
Insights. He brings the kind of experience and leadership that I believe
will significantly improve shareholder value while fostering talent at
Educational Insights to drive the Company as a leader in the markets it
serves."
Mr. Cutler will be vacating his position with Educational Insights, but will
remain as a Director of the Company.
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 thereunto duly authorizes.
Educational Insights, Inc.
(Registrant)
September 11, 1998 By: /s/ Stephen E. Billis
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Stephen E. Billis
Controller and Secretary
