-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KOIFUpVKZ5IXq8vOIsfoc6s7PYXP4Ey0++b3N+TL7edmUm/WMmK5nO5aA3QSzOhS 4ty1t9dschroukCw63okkw== 0001013816-05-000409.txt : 20050831 0001013816-05-000409.hdr.sgml : 20050831 20050831170423 ACCESSION NUMBER: 0001013816-05-000409 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050830 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050831 DATE AS OF CHANGE: 20050831 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PLIANT CORP CENTRAL INDEX KEY: 0001049442 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS, FOIL & COATED PAPER BAGS [2673] IRS NUMBER: 870496065 STATE OF INCORPORATION: UT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-40067 FILM NUMBER: 051062443 BUSINESS ADDRESS: STREET 1: 1475 WOODFIELD ROAD CITY: SCHAUMBURG STATE: IL ZIP: 60173 BUSINESS PHONE: 8479693300 MAIL ADDRESS: STREET 1: 1475 WOODFIELD ROAD CITY: SCHAUMBURG STATE: IL ZIP: 60173 FORMER COMPANY: FORMER CONFORMED NAME: HUNTSMAN PACKAGING CORP DATE OF NAME CHANGE: 19971110 8-K 1 form8k_83105.txt FORM 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): August 25, 2005 PLIANT CORPORATION -------------------------------------------------- (Exact name of company as specified in its charter) Utah 333-40067 87-0496065 - --------------- ------------------------ ---------------------- (State or other (Commission file number) (IRS Employer jurisdiction of incorporation) Identification Number) 1475 Woodfield Road, Suite 700 Schaumburg, IL 60173 (Address of principal executive offices) (Zip Code) (847) 969-3300 (Company's telephone number, including area code) N.A. (Former name or former address if changed since last report) ITEM 5.02. DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS Pliant Corporation announced on August 31, 2005 that Joseph J. Kwederis, 59, was appointed Chief Financial Officer. Mr. Kwederis will receive an annual base salary of $225,000 and will participate in all bonus and incentive plans or arrangements which may be provided by Pliant Corporation from time to time to its senior executives, with award opportunities commensurate with this position. Mr. Kwederis joined Pliant Corporation in February, 2005 as Senior Vice President, Finance and has distinguished himself in that role by providing leadership to the financial organization and to Pliant. Most recently, Mr. Kwederis was Senior Vice President/Chief Financial Officer of Dura-Line Corporation from 1999 to 2004, and Vice President of Finance for International Wire Group from 1996 to 1999. From 1974 until 1996, Mr. Kwederis held positions of increasing responsibility in Accounting and Finance at General Cable Corporation. Mr. Kwederis holds a BS in Accounting from Rutgers University and an MBA from the University of Connecticut. ITEM 9.01. FINANCIAL STATEMENT AND EXHIBITS (c) The following items are included as Exhibits to this report 99.1 Press Release dated August 31, 2005. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant had duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. PLIANT CORPORATION Date: August 31, 2005 By: /s/ Harold C. Bevis ------------------------------------- Harold C. Bevis President and Chief Executive Officer EX-99 2 form8k_83105ex991.txt EXH. 99.1 PRESS RELEASE DATED AUGUST 30, 2005 Exhibit 99.1 [GRAPHIC OMITTED] August 31, 2005 FOR IMMEDIATE RELEASE PLIANT ANNOUNCES CHIEF FINANCIAL OFFICER SCHAUMBURG, IL - Harold Bevis, President and CEO of Pliant Corporation, announced the appointment of JOE Kwederis as CHIEF FINANCIAL OFFICER. Joe joined Pliant earlier this year as Senior Vice President-Finance and has distinguished himself in that role by providing leadership to the financial organization and to Pliant. Before joining Pliant, Joe was CFO of Dura-Line Corporation, a manufacturer of plastic extrusion products. Prior to that assignment, Joe was VP-Finance at International Wire Group. He had joined them after spending over 20 years with General Cable Corporation where he held financial management positions. Joe received his BS in Accounting from Rutgers University and holds an MBA from the University of Connecticut. Pliant Corporation is a leading producer of value-added film and flexible packaging products for personal care, medical, food, industrial and agricultural markets. The Company operates 23 manufacturing and research and development facilities around the world, and employs approximately 2,950 people. For more information, please contact Trisha Feely, Vice President of Human Resources, at (847) 969-3351 or visit WWW.PLIANTCORP.COM. THIS PRESS RELEASE MAY CONTAIN FORWARD-LOOKING STATEMENTS, WHICH ARE MADE PURSUANT TO THE SAFE HARBOR PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. SUCH FORWARD-LOOKING STATEMENTS INVOLVE RISKS AND UNCERTAINTIES, INCLUDING, BUT NOT LIMITED TO, THE COMPANY'S ABILITY TO FULFILL ITS OBLIGATIONS UNDER THE AGREEMENTS AND MEET MILESTONES THEREUNDER, SUCCESSFUL COMPLETION OF PRODUCT RESEARCH AND DEVELOPMENT, THE SUCCESS OF PRODUCT TESTS AND COMMERCIALIZATION RISKS. FURTHER INFORMATION REGARDING THESE AND OTHER RISKS IS DESCRIBED FROM TIME TO TIME IN THE COMPANY'S FILINGS WITH THE SEC. # # # -----END PRIVACY-ENHANCED MESSAGE-----