<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): August 12, 1996
ADTRAN, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 0-24612 63-0918200
(State of (Commission File No.) (I.R.S. Employer
Incorporation) Identification No.)
901 EXPLORER BOULEVARD
HUNTSVILLE, ALABAMA 35806-2807
(Address of principal executive offices, including zip code)
(205) 971-8000
(Registrant's telephone number, including area code)
<PAGE>
ITEM 5. OTHER EVENTS
The Registrant has recently announced the appointments of three
new officers. Information regarding the appointment of these officers is
included in the press releases filed as exhibits hereto.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
99.1 Press Release dated August 12, 1996 announcing the appointment
of Mr. John R. Cooper as Vice President and Chief Financial
Officer of ADTRAN, Inc.
99.2 Press Release dated August 29, 1996 announcing the appointment
of Dr. Melvin Bruce as Vice President of Engineering of
ADTRAN, Inc.
99.3 Press Release dated September 9, 1996 announcing the
appointment of Dr. Peter O. Brackett as Vice President of
Technology of ADTRAN, Inc.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on behalf of the undersigned
hereunto duly authorized.
ADTRAN, INC.
Date: September 11, 1996 By: /s/ John R. Cooper
--------------------
John R. Cooper
Vice President and Chief
Financial Officer
-2-
<PAGE>
Exhibit No. Document Page No.
- ----------- -------- --------
99.1 Press Release dated August 12, 1996 5
announcing the appointment of Mr.
Cooper as Vice President and Chief
Financial Officer of ADTRAN, Inc.
99.2 Press Release dated August 29, 1996 7
announcing the appointment of Dr. Bruce
as Vice President of Engineering of
ADTRAN, Inc.
99.3 Press Release dated September 9, 1996 9
announcing the appointment of Dr.
Brackett as Vice President of Technology
of ADTRAN, Inc.
<PAGE>
EXHIBIT 99.1
Press Release dated August 12, 1996 Announcing the Appointment
of Mr. Cooper as Vice President and Chief Financial Officer
of ADTRAN, Inc.
<PAGE>
[ADTRAN LETTERHEAD APPEARS HERE] PRESS
RELEASE
FOR IMMEDIATE RELEASE, August 12, 1996
Contacts: Stacy Thomas, 205-971-8488
Carol Nobles, 205-971-8211
ADTRAN, INC. ANNOUNCES NEW CHIEF FINANCIAL OFFICER
Huntsville, AL - ADTRAN, Inc. (NASDAQ: ADTN), a leading designer, developer and
manufacturer of high-speed digital networking equipment, announced the
appointment of John R. Cooper as Vice President and Chief Financial Officer.
Prior to joining ADTRAN, Cooper ran Sauty Group, Inc., a strategic advisory
consulting firm located in Birmingham, AL. His background includes over 20
years in public accounting including serving as Managing Partner of the Coopers
& Lybrand offices in Knoxville, TN and Birmingham. His experience includes
serving a number of technology companies through all phases of development. In
addition, Mr. Cooper, who served as Kern's Chief Executive Officer, was a member
of a group of investors which owned and operated Kern's Bakeries, Inc. in
Knoxville from 1988 to 1991.
A native of the Guntersville, AL area, Cooper holds B.S. and M.A. degrees in
accounting from the University of Alabama. He was a member of the Class VI of
Leadership Alabama and has served in a number of leadership roles in the
Birmingham community, including the American Red Cross and serving as Chairman
of a business incubator.
In announcing Cooper's role, Mark C. Smith, Chairman of ADTRAN, noted that,
"Irwin O. Goldstein, Vice President of Administration, and I are most pleased
that John Cooper has agreed to join ADTRAN in this most critical role. The
combination of Mr. Goldstein and Mr. Cooper will provide the Finance and
Administration Management team to support our rapidly growing business."
ADTRAN, Inc. designs, develops, and markets a broad range of high speed digital
transmission products utilized by TELCOs, corporate end users, and OEMs to
implement digital service over existing telephone networks.
<PAGE>
EXHIBIT 99.2
Press Release dated August 29, 1996, Announcing the
Appointment of Dr. Bruce as Vice President of Engineering
of ADTRAN, Inc.
<PAGE>
[LETTERHEAD OF ADTRAN APPEARS HERE]
For Immediate Release, August 29, 1996
Contracts: Stacy Thomas, 205-971-8488
Carol Nobles, 205-971-8211
ADTRAN ANNOUNCES NEW VICE PRESIDENT OF ENGINEERING
Huntsville, AL - Lonnie S. McMillian, co-founder and senior vice president of
ADTRAN, Inc. (NASDAQ: ADTN), announced today the appointment of Dr. Melvin Bruce
as vice president of engineering.
Bruce was most recently the vice president of research and design for TCI, a
designer of telephone related electronic systems. His extensive background in
the telecommunications industry includes more than 30 years of product design
and development. Previous endeavors include the formation of his own digital
consulting firm, Digital Analytics, and serving as engineering manager with SCI
Systems in Huntsville, AL.
Bruce received a bachelor's of science in electrical engineering from Clemson
University, and a master's of science and a doctorate in electrical engineering,
both from the University of Virginia.
Lonnie S. McMillian, ADTRAN's vice president of engineering and a director of
the company since its inception in 1986, will continue at ADTRAN in an active
role in strategic planning and product development as senior vice president.
ADTRAN, Inc. designs, develops, and markets a broad range of high speed digital
transmission products utilized by TELCO's, corporate end users, and OEMs to
implement digital service over existing telephone networks.
* * *
<PAGE>
EXHIBIT 99.3
Press Release dated September 9, 1996, Announcing the
Appointment of Dr. Brackett as Vice President of Technology
of ADTRAN, Inc.
<PAGE>
[ADTRAN LETTERHEAD]
PRESS
RELEASE
For Immediate Release, September 9, 1996
Contacts: Stacy Thomas, 205-971-8488
Carol Nobles, 205-971-8211
ADTRAN ANNOUNCES NEW VICE PRESIDENT OF TECHNOLOGY
Huntsville, AL - ADTRAN, Inc. (NASDAQ: ADTN), a leading designer, developer and
manufacturer of high-speed digital networking equipment, announced today the
appointment of Dr. Peter O. Brackett as vice president of technology. Brackett
succeeds Dr. Jerry Moore, who has served in this capacity since 1989 and will
remain a part of the executive team as vice president emeritus.
Prior to joining ADTRAN, Brackett was research manager for advanced data
networking at BellSouth in Atlanta, GA. With more than 20 years' experience in
telecommunications technology and product design and development, Brackett has
held numerous key management positions, including division vice president and
product line director for Racal-Datacom, vice president of engineering for
Motorola Information Systems Limited, and associate professor and technology
management consultant for Queens University in Kingston, Ontario. His credits
include co-authoring a graduate-level electrical engineering text book, more
than 20 technical papers and journal articles and key participation in the
Telecommunications Industry Association and IEEE.
Brackett received a bachelor's degree in electrical engineering from the
Technical University of Nova Scotia, and his master's and doctorate degrees from
the University of Toronto.
ADTRAN, Inc. designs, develops, and markets a broad range of high-speed digital
transmission products utilized by TELCOs, corporate end users, and OEMs to
implement digital service over existing telephone networks.
