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 26, 2004



                        FINANCIAL INDUSTRIES CORPORATION
               (Exact name of Registrant as specified in charter)




           Texas                      0-4690                   74-2126975
(State or other jurisdiction  (Commission file number)      (I.R.S. employer
 of incorporation)                                           identification no.)





                      6500 River Place Blvd., Building One
                               Austin, Texas 78730
                    (Address of principal executive offices)

       Registrant's telephone number, including area code: (512) 404-5000


                         ______________________________




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Item 5 - Other Events and Regulation FD Disclosure.

Vincent  L.  Kasch has  assumed  the  position  of Chief  Financial  Officer  of
Financial  Industries  Corporation  ("FIC").  Mr. Kasch, who joined FIC in March
2004,  succeeds George M. Wise, who had served as Chief Financial  Officer since
December 2002. Mr. Wise (who had previously  agreed to continue as CFO until the
completion of the Form 10-K filing) and the Company  mutually  agreed to release
Mr. Wise from his commitment,  in order to enable Mr. Wise to devote his time to
his  role as  president  of  Actuarial  Risk  Consultants,  Inc.,  an  actuarial
consulting firm that he purchased from FIC in December 2003.

As a result of this change, the executive officers of FIC are as follows:

J. Bruce Boisture - President and Chief Executive Officer

     Mr.  Boisture has been President and Chief  Executive  Officer of FIC since
     January 7, 2004, and a director of FIC since August 2003. He also serves on
     the Executive  Committee of the Board. From June 2001 until his election as
     President  and CEO of FIC,  Mr.  Boisture  served as CEO of EDsmart,  Inc.,
     which  provides data warehouse and analysis  services to school  districts.
     Since 1992,  he also has served as president of Trinity  Capital  Alliance,
     Inc., an investment  banking company he founded in 1992 that specializes in
     leveraged buy-outs,  start-up investments,  and turnarounds.  From May 1999
     until  April 2001,  Mr.  Boisture  was the  president  and chief  executive
     officer of  Paradigm4,  Inc., a wireless data service  provider.  Paradigm4
     filed a voluntary  bankruptcy  petition in April 2001. From 1986 until 1991
     he was a partner  and chief  operating  officer  of  Rosecliff  Inc./Acadia
     Partners,  L.P., an investment  fund.  Mr. Boisture  has a B.A.degree  from
     Princeton University,  a B. Phil. degree from Oxford University,  and a law
     degree from Yale Law School.


Charles B. Cooper - Chief Operating Officer

     Mr. Cooper has been Chief Operating  Officer of FIC since February 2004. He
     served as a consultant  to FIC from  November  2003 to February  2004.  Mr.
     Cooper has over 33 years of  management  experience  in the life  insurance
     industry.  From  July 2002 to  February  2004,  he  operated  a  consulting
     business,  providing  consulting  services  to  insurance  companies.  From
     February  2000 to July 2002,  he served as  President  and CEO of  American
     Amicable Group.  He was President and Chief  Operating  Officer of American
     Income Life from 1975 to 1999.  Mr.  Cooper has also served as a management
     consultant to several  insurance  companies.  His  consulting  practice has
     involved a wide range of operational  matters,  including product analysis,
     systems  conversions,  and operations  audit. Mr. Cooper received a B.A. in
     Economics from the  University of Washington and a J.D. from  University of
     Washington School of Law.




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Vincent L. Kasch - Chief Financial Officer

     Mr.  Kasch  joined  FIC in  March  2004.  Previously,  he was  Senior  Vice
     President-Financial  Services  for  Texas  Mutual  Insurance  Company  from
     February  2002 to March 2004.  From  January 1991 to January  2002,  he was
     associated with National Western Life Insurance Company, where he served as
     Vice  President-Controller  and  Assistant  Treasurer  from  August 1992 to
     January  2002.  From  August  1985 to  January  1991,  he served in various
     capacities  with KPMG Peat  Marwick,  where he held the  position  of Audit
     Manager at the time that he left to join National  Western Life.  Mr. Kasch
     received  a  B.B.A.  in  Accounting  from  Texas  A&M  University.  He is a
     Certified Public Accountant.


Theodore A. Fleron - General Counsel

     Mr. Fleron  has been Vice  President,  General  Counsel of FIC since  1996,
     Secretary  of FIC  since  December 2002,  and was a  director  from 1996 to
     August 2003. He is a director of the life insurance subsidiaries of FIC and
     serves as Senior Vice President,  General  Counsel,  and Secretary of those
     companies.  Mr. Fleron has been associated with FIC since December 1989 and
     has  been  involved  in all  aspects  of  FIC's  legal  matters,  including
     corporate and federal  securities,  insurance  regulation,  and litigation.
     Previously,  he was associated with CIGNA  Corporation and its predecessor,
     INA  Corporation,  from 1974 to 1989,  where he served as Senior Counsel in
     the Law  Department.  Mr. Fleron  received a B.A.  degree in Economics from
     Brown University and an L.L.B. from University of Pennsylvania Law School.


                                   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.


                                      FINANCIAL INDUSTRIES CORPORATION



Date: May 4, 2004                     By:  ___/s/_J. Bruce Boisture____________
                                           President and Chief Executive Officer




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