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 13, 2013
COURIER
CORPORATION
(Exact
name of registrant as specified in its charter)
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Massachusetts |
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(State or other jurisdiction of incorporation) |
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Commission File Number: 0-7597 |
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IRS Employer Identification Number: 04-2502514 |
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15 Wellman Avenue, North Chelmsford, MA |
01863 |
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(Address of principal executive offices) |
(Zip Code) |
(978) 251-6000
(Registrant’s
telephone number, including area code)
No
Change
(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:
⃞ 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 Act (17 CFR 240.14d-2(b))
⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Election of Directors:
At a regular meeting of the Board of
Directors of the Registrant held on Wednesday, November 13, 2013, the
Board, upon the recommendation of the Board's Nominating and Corporate
Governance Committee, voted, effective as of November 13, 2013, to elect
John J. Kilcullen as a new Class A Director, to serve until the 2014
Annual Meeting of Shareholders of the Registrant and until his successor
is elected and qualified.
Mr. Kilcullen has more than 20 years of executive and operational experience in the publishing industry. He is expected to serve on the Board’s Nominating and Corporate Governance Committee and its Compensation and Management Development Committee. In his capacity as Director of the Registrant, Mr. Kilcullen will be compensated in a manner consistent with the other non-employee Directors. He will receive an annual retainer of $25,000 (prorated for 2013) and meeting fees of $2,200 per meeting of the Board of Directors and $1,250 for any committee meetings of the Board of Directors attended. The full text of the press release is furnished as Exhibit 99.1 hereto.
Item 8.01 Other Events.
On November 13, 2013, Courier Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.21 per share on its Common Stock. The full text of the press release is furnished as Exhibit 99.2 hereto.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| 99.1 | Press release of Courier Corporation dated November 13, 2013 announcing the election of a director. | |
| 99.2 | Press release of Courier Corporation dated November 13, 2013 announcing declaration of cash dividend. |
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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.
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COURIER CORPORATION |
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By: |
/s/ Peter M. Folger |
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Peter M. Folger |
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Senior Vice President and |
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Chief Financial Officer |
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Date: November 13, 2013 |
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EXHIBIT INDEX
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Exhibit No. |
Description |
| 99.1 | Press release of Courier Corporation dated November 13, 2013 announcing the election of a director. |
| 99.2 | Press release of Courier Corporation dated November 13, 2013 announcing declaration of cash dividend. |
Exhibit 99.1
Courier Corporation Elects New Director
NORTH CHELMSFORD, Mass.--(BUSINESS WIRE)--November 13, 2013--Courier Corporation (Nasdaq: CRRC), one of America’s leading innovators in book manufacturing, publishing and content management, today announced the election of John J. Kilcullen to its Board of Directors.
Mr. Kilcullen was elected to serve as a Class A Director until the 2014 Annual Meeting. He is expected to serve on the Board’s Nominating and Corporate Governance Committee and its Compensation and Management Development Committee.
Mr. Kilcullen has more than 20 years of executive and operational experience in publishing and digital media. He is currently President, Strategic Partnerships/Ancillary Products at Hearst for The Bible Series, charged with creating new digital, brand and content licensing businesses based on the hit cable TV series The Bible, seen by more than 100 million viewers.
Previously, he was President and Publisher of Billboard magazine and Senior Vice President and Group Publisher at Nielsen Business Media responsible for a variety of media brands including The Hollywood Reporter, the Bookseller and Kirkus Reviews in addition to Billboard. He is probably best known as the creator of the well-known ...For Dummies brand, which has achieved retail sales of more than $2 billion from products in 37 languages. He is also the former Executive Chairman of Fast Pencil, which was acquired by Courier in April 2013.
He currently sits on the Boards of Copyright Clearance Center and Vook.
He is a lecturer on entrepreneurship and innovation at the Naval Postgraduate School, and has appeared on CNBC and CNN as well as popular talk shows in Australia, Canada, Malaysia, Singapore and the United Kingdom.
In welcoming Mr. Kilcullen to Courier’s Board, James F. Conway III, Chairman, President and CEO of Courier stated, “We are very pleased to have John join us as a Director. His wide-ranging business and media experience will add valuable perspective to the work of our Board.”
About Courier Corporation
Courier Corporation is America’s third largest book manufacturer and a leader in content management and customization in new and traditional media. It also publishes books under three brands offering award-winning content and thousands of titles. Founded in 1824, Courier is headquartered in North Chelmsford, Massachusetts. For more information, visit www.courier.com.
CONTACT:
Courier Corporation
James F. Conway III, 978-251-6000
Chairman,
President and Chief Executive Officer
or
Peter M. Folger,
978-251-6000
Senior Vice President and Chief Financial Officer
www.courier.com
Exhibit 99.2
Courier Corporation Declares Quarterly Dividend
NORTH CHELMSFORD, Mass.--(BUSINESS WIRE)--November 13, 2013--The Board of Directors of Courier Corporation (Nasdaq: CRRC) has declared a dividend of 21 cents per common share, payable December 6, 2013, to stockholders of record on November 25, 2013. The amount of the dividend is the same as declared in the previous quarter.
Courier Corporation will host a fourth quarter and year end fiscal 2013 conference call on Thursday, November 21, 2013, at 2:30 p.m. ET. A news release with the company’s fourth quarter and year end fiscal 2013 financial results will be issued on Thursday morning, November 21, 2013 prior to the call. Details about the call are available on Courier’s website.
About Courier Corporation
Courier Corporation is among America’s leading book manufacturers and a leader in content management and customization in new and traditional media. It also publishes books under three brands offering award-winning content and thousands of titles. Founded in 1824, Courier is headquartered in North Chelmsford, Massachusetts. For more information, visit www.courier.com.
CONTACT:
Courier Corporation
James F. Conway III, 978-251-6000
Chairman,
President and Chief Executive Officer
or
Peter M. Folger,
978-251-6000
Senior Vice President and Chief Financial Officer
www.courier.com