-----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, FYlJ7SI8z5NAkazVujlHPToCqagZA4HkvK5eZU07dtn9tytgrbt9XtBLBG0WliVj ADgJspKwLO8zDDm5RiqUjA== 0000950144-96-009186.txt : 19961219 0000950144-96-009186.hdr.sgml : 19961219 ACCESSION NUMBER: 0000950144-96-009186 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19961216 ITEM INFORMATION: Other events FILED AS OF DATE: 19961218 SROS: AMEX FILER: COMPANY DATA: COMPANY CONFORMED NAME: TRANS WORLD AIRLINES INC /NEW/ CENTRAL INDEX KEY: 0000278327 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 431145889 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07815 FILM NUMBER: 96682852 BUSINESS ADDRESS: STREET 1: ONE CITY CENTRE STREET 2: 515 N SIXTH ST CITY: ST LOUIS STATE: MO ZIP: 63101 BUSINESS PHONE: 3145893261 MAIL ADDRESS: STREET 1: ONE CITY CENTRE STREET 2: 515 N 6TH ST CITY: ST LOUIS STATE: MO ZIP: 63101 8-K 1 TWA 8-K 1 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): DECEMBER 16, 1996 TRANS WORLD AIRLINES, INC. (Exact name of Registrant as Specified in its Charter) --------- DELAWARE 1-7815 43-1145889 (State or other jurisdiction of (Commission File Number (I.R.S. Employer incorporation or organization) Identification No.)
ONE CITY CENTRE 515 N. SIXTH STREET ST. LOUIS, MISSOURI 63101 (314) 589-3000 (Address, including zip code, and telephone number, including area code, of Registrant's principal executive offices) 2 ITEM 5. OTHER EVENTS Trans World Airlines, Inc. (the "Company" or "TWA") hereby files a copy of its December 16, 1996 press release with respect to interim executive appointments. Such press release is attached as Exhibit 99.1 and forms a part of this current report. 3 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. TRANS WORLD AIRLINES, INC. Date: December 17, 1996 By: /s/ Richard P. Magurno ------------------------ Title: Senior Vice President and General Counsel 4 EXHIBIT INDEX Exhibit 99.1 Press Release Regarding Interim Executive Appointments. EX-99.1 2 PRESS RELEASE 1 EXHIBIT 99.1 NEWS FROM TWA FOR IMMEDIATE RELEASE CONTACT: John McDonald (314) 589-3214 TWA ANNOUNCES INTERIM EXECUTIVE MANAGEMENT ST. LOUIS, December 16, 1996 -- The Board of Directors of Trans World Airlines, Inc. [AMEX:TWA] today announced interim executive appointments to the airline's top management positions. Board member Gerald L. Gitner, 51, has been named vice chairman and acting chief executive officer. Gitner is chairman of Avalon Group, Ltd., a New York investment bank. He is an airline industry veteran who has held senior management positions at several major airlines, including vice chairman of Pan American World Airways and chairman and chief executive officer of Pan American World Services. Gitner was employed at TWA from 1968 until 1974. Board member David M. Kennedy, 58, has been named acting executive vice president and chief operating officer responsible for long-term marketing, planning and operation of the airline. Kennedy worked 26 years at the Irish airline Aer Lingus, where he was chief executive officer from 1974 until 1988. Board member William F. Compton, 49, has been named acting executive vice president-operations, responsible for day-to-day airline operations. Compton is the past chairman of the TWA Master Executive Council for the Airline Pilots Association (ALPA) and is an MD80 captain for TWA. Among his duties as a Board member since 1993, Captain Compton has served as coordinator of the Board's productivity task force. Captain Compton has been employed by TWA since 1968. In announcing the appointments of the interim management, Board Chairman Thomas Meagher stated that the Board is acting to assure continuity of senior management while the Board continues its search for a new president and chief executive officer. (more) 2 EXHIBIT 99.1 TWA INTERIM MANAGEMENT-FIRST ADD "We continue to seek the right candidate to succeed Jeff Erickson, and we have several qualified candidates under active consideration. However, it has become apparent that the recruitment process may continue longer than we had originally hoped. We are grateful to Jeff Erickson for agreeing to continue as CEO while the search proceeded, but we do not feel it is fair to ask Jeff to further postpone his plan to depart TWA. These appointments will allow Jeff to keep his schedule and will assure continuity of management until a new CEO can be appointed early in 1997," Meagher said. Meagher noted that Gitner, Kennedy and Compton possess more than 90 years of combined airline experience. "This is a seasoned transition team that will maintain the progress we have made to build a strong and profitable TWA. They embark on these interim duties with the full support of our Board, including the directors representing TWA's labor unions," Meagher said. The appointments are effective immediately. -----END PRIVACY-ENHANCED MESSAGE-----