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): November 16, 2009

Playboy Enterprises, Inc.

 (Exact name of registrant as specified in its charter)

Delaware	001-14790	36-4249478
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

680 North Lake Shore Drive, Chicago, Illinois 60611

 (Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code:  (312) 751-8000

Not applicable.

 (Former name or former address, if changed since last report.)

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:

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

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

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

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

Section 5—Corporate Governance and Management

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

On November 16, 2009, Playboy Enterprises, Inc. (the “Company”) announced that Linda G. Havard has tendered her resignation as the Company’s Executive Vice President and Chief Financial Officer, to be effective as of December 31, 2009.

Section 7—Regulation FD

Item 7.01. Regulation FD Disclosure.

On November 16, 2009, the Company issued a press release regarding Ms. Havard’s resignation. A copy of the press release is furnished as Exhibit 99.1 to this report.

Section 9—Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits.

(d)	Exhibits
	99.1     Press Release issued by Playboy Enterprises, Inc. on November 16, 2009.

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 hereunto duly authorized.

Date:  November 16, 2009	PLAYBOY ENTERPRISES, INC.
	By:	/s/ Howard Shapiro
		Howard Shapiro
		Executive Vice President,
		Law and Administration,
		General Counsel and Secretary

EXHIBIT INDEX

Exhibit
Number	Description
99.1	Press Release issued by Playboy Enterprises, Inc. on November 16, 2009

EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE	Investor Contact:
	Martha Lindeman
	312-373-2430

PLAYBOY ENTERPRISES, INC. ANNOUNCES RESIGNATION OF LINDA HAVARD AS COMPANY’S CHIEF FINANCIAL OFFICER

CHICAGO, Monday, November 16, 2009 – Playboy Enterprises, Inc. (NYSE: PLA, PLAA) today announced Linda G. Havard’s decision to step down as executive vice president and chief financial officer effective December 31, 2009.

Chief Executive Officer Scott Flanders said:  “I respect Linda’s decision to leave, although her oversight and strategic counsel will be greatly missed.  She has done an exceptional job over the past 12 years in managing the company’s financial, treasury, accounting and technology functions.  Linda has built a solid team, and she was responsible for overseeing, negotiating and successfully completing a range of business initiatives including acquisitions, the sale of assets, outsourcing of operations and public and private equity and debt offerings.”

Havard joined Playboy in 1997 from Atlantic Richfield Co. (ARCO) where she served as vice president of corporate planning and most recently as senior vice president in ARCO’s Global Energy Ventures’ international business development division, which was created in part as a result of her planning work.  She began her career as a financial analyst with ARCO’s treasury department in 1982 and, over the course of the ensuing 15 years, rose to increasingly responsible managerial and executive positions including head of investor relations and divisional CFO.

“I have enjoyed my years at Playboy, but I am looking forward to new challenges in the next stage of my career,” Havard said.  “I am proud of what we have accomplished and wish everyone at the company continued success.”

The company said that a search for a successor will begin immediately.

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Playboy is one of the most recognized and popular consumer brands in the world. Playboy Enterprises, Inc. is a media and lifestyle company that markets the brand through a wide range of media properties and licensing initiatives. The company publishes Playboy magazine in the United States and abroad and creates content for distribution via television networks, websites, mobile platforms and radio. Through licensing agreements, the Playboy brand appears on a wide range of consumer products in more than 150 countries as well as retail stores and entertainment venues.