-----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, Sf2CwEls204EOy4mtCJeN/8QzvVcVOFZCGWMo0xFqnU2iffVViYt3/5YnF4lywnV dhaL/iffobKl+3UjdDzkjA== 0000897101-06-000843.txt : 20060421 0000897101-06-000843.hdr.sgml : 20060421 20060421171520 ACCESSION NUMBER: 0000897101-06-000843 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20060417 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060421 DATE AS OF CHANGE: 20060421 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DELUXE CORP CENTRAL INDEX KEY: 0000027996 STANDARD INDUSTRIAL CLASSIFICATION: BLANKBOOKS, LOOSELEAF BINDERS & BOOKBINDING & RELATED WORK [2780] IRS NUMBER: 410216800 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07945 FILM NUMBER: 06773427 BUSINESS ADDRESS: STREET 1: 3680 VICTORIA STREET NORTH CITY: SHOREVIEW STATE: MN ZIP: 55126 BUSINESS PHONE: 6514837111 MAIL ADDRESS: STREET 1: 3680 VICOTRIA STREET NORTH CITY: SHOREVIEW STATE: MN ZIP: 55126 FORMER COMPANY: FORMER CONFORMED NAME: DELUXE CHECK PRINTERS INC DATE OF NAME CHANGE: 19880608 8-K 1 deluxe061727_8k.htm FORM 8-K DATED APRIL 17, 2006 Deluxe Corporation Form 8-K Dated April 17, 2006

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 17, 2006



DELUXE CORPORATION

(Exact name of registrant as specified in its charter)




Minnesota

1-7945

41-0216800

(State or Other Jurisdiction
of Incorporation)

(Commission
File Number)

(I.R.S. Employer
Identification No.)



3680 Victoria St. North, Shoreview, Minnesota

55126-2966

(Address of Principal Executive Offices)

(Zip Code)

 

 

Registrant’s telephone number, including area code:  (651) 483-7111


N/A

(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 communication 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))





Item 5.02     Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

(b)     On April 17, 2006, Deluxe’s current Chief Financial Officer, Douglas J. Treff (“Mr. Treff”), informed the Company’s Chief Executive Officer that he had decided to resign from the Company to accept another employment position, such resignation to be effective as of the close of business on May 5, 2006.

(c)     On April 21, 2006, Deluxe announced that Terry D. Peterson (“Mr. Peterson”), age 41, would succeed Mr. Treff as Chief Financial Officer of the Company, effective as of the close of business on May 5, 2006. Mr. Peterson is currently serving as the Company’s Vice President, Controller and Chief Accounting Officer, and will retain such positions while he assumes the Chief Financial Officer role. Mr. Peterson will hold the Chief Financial Officer position on an interim basis.

        In connection with assuming the additional duties of Chief Financial Officer, Mr. Peterson’s base salary will be increased to an annualized amount of $262,000. Other than this salary increase, Mr. Peterson has not been awarded any additional compensation by the Company. In addition, Mr. Peterson and the Company acknowledge that his service as Chief Financial Officer is on an interim basis and that, if such position is later assigned to another individual, with the result that Mr. Peterson would return to his existing positions and base salary, such action would not constitute “Good Reason” for him to terminate his employment and receive benefits under his existing executive severance agreement with the Company.

        Mr. Peterson was named Chief Accounting Officer of the Company in March 2005. Mr. Peterson joined the Company in September 2004 and served as director of internal audit until March 2005. From August 2002 until August 2004, Mr. Peterson was Vice President and Controller of the GCS Services Division of Ecolab, Inc., a worldwide developer and marketer of premium cleaning and sanitation products. Before joining Ecolab, Inc., Mr. Peterson held executive finance positions with Provell, Inc. (formerly Damark International, Inc.), a developer of customized marketing programs and services, including Corporate Controller from March 1999 to September 2001 and acting Chief Financial Officer and Controller from September 2001 to August 2002.

        Mr. Peterson has no family relationships with any other director or executive officer of the Company. Mr. Peterson and the Company are parties to standard executive severance and equity award agreements to which all senior executives of the Company are parties. Other than those agreements, he is not a party to any transaction with the Company or any subsidiary of the Company. The material terms of those agreements are set forth in forms on file with the SEC.

Item 7.01    Regulation FD Disclosure

        Press release announcing naming of interim Chief Financial Officer of Deluxe Corporation, dated April 21, 2006


2



Item 9.01    Financial Statements and Exhibits.

(c)    Exhibits

  99.1   Press Release, dated April 21, 2006, of Deluxe Corporation announcing naming of Terry D. Peterson as interim Chief Financial Officer, which shall be deemed furnished in connection with Item 7.01 hereof















3



        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 thereunto duly authorized.

Date:   April 21, 2006

  DELUXE CORPORATION
 
    /s/   Anthony C. Scarfone
  Anthony C. Scarfone
Senior Vice President,
General Counsel and Secretary
















4



INDEX TO EXHIBITS


Exhibits       Page No.
 
99.1   Press Release, dated April 21, 2006, of Deluxe Corporation announcing naming of Terry D. Peterson as interim Chief Financial Officer, which shall be deemed furnished in connection with Item 7.01 hereof    
















5


EX-99.1 2 deluxe061727_ex99-1.htm NEWS RELEASE DATED APRIL 21, 2006. Exhibit 99.1 to Deluxe Corporation Form 8-K dated April 21, 2006

EXHIBIT 99.1

Deluxe Corporation
P.O. Box 64235
St. Paul, MN 55164-0235
(651) 483-7111
 

N   E   W   S           R   E   L   E   A   S   E

April 21, 2006

For additional information:
Raj Agrawal
Treasurer
Vice President,
Investor Relations
(651) 787-1068
DELUXE ANNOUNCES NEW
CHIEF FINANCIAL OFFICER

St. Paul, Minn.— Deluxe Corporation (NYSE: DLX) announced today that Terry Peterson, 41, will assume the role of chief financial officer on an interim basis effective with the departure of Douglas J. Treff, who has resigned to take a position at another company.

Peterson has been vice president, controller and chief accounting officer of Deluxe since March 2005, a position he will continue to hold. He joined Deluxe in September 2004 as director of internal audit. Prior to coming to Deluxe, Peterson held positions with Ecolab, Provell, and PricewaterhouseCoopers. Peterson received an accounting degree from the University of Northern Iowa and he is a certified public accountant.

“We are very pleased to have someone with Terry’s qualifications on board to assume the interim role and ensure a smooth transition,” said Ron Eilers, chief executive officer. He added, “We also appreciate Doug’s contributions to Deluxe during his five years of service and wish him the very best in his new endeavors.”

About Deluxe
Deluxe Corporation, through its industry-leading businesses and brands, helps financial institutions and small businesses better manage, promote, and grow their businesses. The Company uses direct marketing, distributors, and a North American sales force to provide a wide range of customized products and services: personalized printed items (checks, forms, business cards, stationery, greeting cards, labels, and shipping/packaging supplies), promotional products and merchandising materials, fraud prevention services, and customer retention programs. The Company also sells personalized checks and accessories directly to consumers. For more information about Deluxe, visit www.deluxe.com.



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