8-K

UNITED STATES
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): April 10, 2015

TALON INTERNATIONAL, INC.

(Exact Name of Registrant as Specified in Charter)

Delaware	1-13669	95-4654481
(State or Other Jurisdiction	(Commission	(I.R.S. Employer
of Incorporation)	File Number)	Identification No.)
	21900 Burbank Blvd., Suite 270
	Woodland Hills, California	91367
	(Address of Principal Executive Offices)	(Zip Code)

(818) 444-4100

(Registrant’s Telephone Number, Including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange ct (17 CFR 240.14d-2(B))

☐ Pre-commencement communications pursuant to Rule 13e-4(c)) under the Exchange Act (17 CFR 240.13e-4c))

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Resignation of Chief Executive and Director

On April 10, 2015, Lonnie D. Schnell resigned both as Chief Executive Officer of Talon International, Inc. (“Talon” or the “Company”), and as a member of Talon’s Board of Directors. As a condition to Mr. Schnell’s resignations, the Company agreed to pay Mr. Schnell the compensation under his executive employment agreement that he would be entitled to receive if the Company had terminated his employment without cause.

Appointment of new Chief Executive Officer and Director

Talon has appointed Larry Dyne as its new Chief Executive Officer, effective April 13, 2015. The Talon Board of Directors also appointed Larry Dyne, effective April 13, 2015, to the Board of Directors to fill the vacancy on the Board resulting from Mr. Schnell’s resignation.

Larry Dyne (age 42) has served as Talon’s President since May 2009. He has been our employee since 1992, and was formerly Executive Vice President of Sales as well as Vice President of Product Development and Global Sourcing, and Vice President of Trim Sales including responsibility for all domestic print production. Through these positions, Mr. Dyne has established extensive and long-term relationships with the world’s top brands and clothing retailers. Mr. Dyne was appointed to the Board of Directors for his extensive knowledge of industry practices and trends and domestic and international management experience.

Mr. Dyne is the brother of Mark Dyne, the Chairman of Talon’s Board of Directors. Mark Dyne recused himself from the Board decisions relating to the appointment of Larry Dyne as CEO and to the Board.

Other than with respect to his employment, Mr. Dyne does not have a direct or indirect material interest in any transaction with the Company involving an amount exceeding $120,000, and no such transaction is currently proposed.

Item 7.01 Regulation FD Disclosure.

On April 14, 2015, Talon issued a press release regarding the resignation of Mr. Schnell and the appointment of Mr. Dyne as Chief Executive Officer. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by this reference.

Item 9.01 Financial Statements and Exhibits.

Exhibits.

99.1 Press release issued by Talon International, Inc. dated April 14, 2015.

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.

	TALON INTERNATIONAL, INC.
Date:     April 14, 2015	By:  /s/ Nancy Agger-Nielsen
	Nancy Agger-Nielsen, Chief Financial Officer

EX-99.1

Exhibit 99.1

Talon International Announces Leadership Change

LOS ANGELES – April 14, 2015 – Talon International, Inc. (OTCQB:TALN), a leading global supplier of zippers, apparel fasteners, trim and stretch technology products, announced today that Lonnie D. Schnell, Chief Executive Offer and Board Member, has resigned from his positions and that the Board of Directors has named Larry Dyne, Talon’s current President to the Chief Executive Officer position and appointed him to the Board to fill the vacancy. All of these changes were effective immediately.

"The entire Talon organization is grateful to Mr. Schnell for his nine years of leadership," stated Larry Dyne, Talon's newly named Chief Executive Officer. "Mr. Schnell was instrumental in creating a strong foundation to build upon. We have a leadership team in place that has the experience and capabilities of accelerating our growth and I look forward to working closely with them to help execute the next phase of the company's transformation. Our goal is to leverage this strong foundation to expand our global footprint and continue providing innovative and exciting products across all our divisions."

Larry Dyne, Talon’s newly appointed Chief Executive Officer, had previously served as its President since 2009 and with the company since 1992. His wide variety of roles with the company have included Executive Vice President of Sales, Vice President of Product Development and Global Sourcing, and Vice President of Trim Sales, which included responsibility for all domestic print production. Mr. Dyne has established extensive, long-term relationships with the world’s top brands and clothing retailers.

“On behalf of the Talon Board of Directors, we are pleased to have someone with Larry’s corporate knowledge, experience and relationships taking over at the helm,” commented David Ellis, a member of the Board. “Larry shares the Board’s vision for growth and for Talon to remain an industry leader in Trim, Zippers and Tekfit. Along with Talon’s talented employees, we look forward to the opportunities ahead for the Company.”

About Talon International, Inc.

Talon International, Inc. is a major supplier of custom zippers, complete trim solutions and Tekfit stretch technology products to manufacturers of fashion apparel, specialty retailers, mass merchandisers, brand licensees and major retailers worldwide. Talon develops, manufactures and distributes custom zippers exclusively under its Talon® brand (“The World’s Original Zipper Since 1893”); designs, develops, manufactures, and distributes complete apparel trim solutions and products; and provides stretch technology for specialty waistbands, shirt collars, and other items all under its trademark and world renowned brands, Talon®, and Tekfit® to major apparel brands and retailers. Leading retailers worldwide recognize and use Talon products including VF Corporation, American Eagle, Abercrombie and Fitch, Polo Ralph Lauren, Kohl’s, JC Penney, FatFace, Victoria’s Secret, Wal-Mart, Phillips-Van Heusen, Levi Strauss & Co., Express and many others. The company is headquartered in the greater Los Angeles area, and has offices and facilities throughout the United States, United Kingdom, Hong Kong, China, Taiwan, Vietnam, India, Indonesia and Bangladesh.

Contact:

Talon International, Inc.
Rayna Hernandez
Tel (818) 444-4128
raynah@talonzippers.com