-----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, RuD/pUZ4Nt3PzGeaMaC9R7cXFoS1ZLkqzROyIYc0L0kD7v7jSlJUau4q1gfOOaYc xcDnI8IlAiJjXtR8e9lxWg== 0000950124-07-002303.txt : 20070420 0000950124-07-002303.hdr.sgml : 20070420 20070420160127 ACCESSION NUMBER: 0000950124-07-002303 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070416 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20070420 DATE AS OF CHANGE: 20070420 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CITIZENS BANKING CORP CENTRAL INDEX KEY: 0000351077 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 382378932 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33063 FILM NUMBER: 07779055 BUSINESS ADDRESS: STREET 1: 328 SOUTH SAGINAW STREET CITY: FLINT STATE: MI ZIP: 48502 BUSINESS PHONE: 810-766-7500 MAIL ADDRESS: STREET 1: 328 SOUTH SAGINAW STREET CITY: FLINT STATE: MI ZIP: 48502 FORMER COMPANY: FORMER CONFORMED NAME: CB WEALTH MANAGEMENT N A DATE OF NAME CHANGE: 20020502 FORMER COMPANY: FORMER CONFORMED NAME: CITIZENS BANKING CORP DATE OF NAME CHANGE: 19920703 8-K 1 k14347e8vk.htm CURRENT REPORT DATED APRIL 16, 2007 e8vk
 

 
 
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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 16, 2007
Citizens Banking Corporation
(Exact Name of Registrant as Specified in Its Charter)
Michigan
(State or Other Jurisdiction of Incorporation)
     
000-10535   38-2378932
(Commission File Number)   (IRS Employer Identification No.)
     
328 South Saginaw Street, Flint, Michigan   48502
(Address of Principal Executive Offices)   (Zip Code)
(810) 766-7500
(Registrant’s Telephone Number, Including Area Code)
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))
 
 

 

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 16, 2007, the Compensation and Human Resources Committee (the “Committee”) of the Board of Directors of Citizens Banking Corporation (the “Company”) approved the following base salaries to be paid for 2007, effective April 13, 2007, to the individuals who have been included as the “named executive officers” in the Company’s proxy statement for the 2007 annual meeting of shareholders:
                     
Name   Title   2006 Salary   2007 Salary
William R. Hartman
   Chairman, President and Chief   $ 739,950     $ 780,000  
 
   Executive Officer                
 
                  
Charles D. Christy
   Executive Vice President and Chief   $ 321,000     $ 350,000  
 
   Financal Officer                
 
                    
Cathleen H. Nash
   Executive Vice President and Head   $ 425,000     $ 442,000  
 
   of Consumer Banking                
 
                  
John D. Schwab
   Executive Vice President and Chief   $ 253,172     $ 295,000  
 
   Credit Officer                
 
                    
Clinton A. Sampson
   Executive Vice President and   $ 247,997     $ 270,000  
 
   Regional Chairman                
Additional information regarding the compensation of the Company’s named executive officers is provided in the Company’s proxy statement for the 2007 annual meeting of shareholders, which was filed with the Securities and Exchange Commission on March 20, 2007.

 

 

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 thereunto duly authorized.
             
    CITIZENS BANKING CORPORATION
 
            
 
  By:   /s/ Thomas W. Gallagher    
 
     
 
Thomas W. Gallagher 		   
 
  Its:   General Counsel and Secretary    
Date: April 20, 2007

 

-----END PRIVACY-ENHANCED MESSAGE-----