8-K

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) - February 15, 2008

IEC ELECTRONICS CORP.

(Exact Name of Registrant as Specified in its Charter)

Delaware

(State or Other Jurisdiction of Incorporation)

0-6508	13-3458955
(Commission File Number)	(IRS Employer Identification No.)

105 Norton Street, Newark, New York 14513

(Address of principal executive offices)(Zipcode)

(315) 331-7742

(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

Effective February 15, 2008 Brian Davis retired as Vice President and Chief Financial Officer of IEC Electronics Corp. (the “Company”) and Michael Schlehr was appointed to that position effective February 18, 2008.

Mr. Schlehr, age 46, has served as Vice President of Finance and Administration for the Process Solutions Group of Robbins & Myers, Inc from 2005 until 2008 and as Director of Operations Accounting for Birdseye Foods Inc from 2000 until 2005.

Under the terms of a Letter Agreement with the Company, Mr. Schlehr, will receive an annual base salary of $155,000, a hiring bonus of $5,000 and incentive stock options for 50,000 shares of stock, at an exercise price of $1.70, the closing price of the Company’s stock on the date of grant. The option has a seven year term and will vest as follows: 50% on February 18, 2011 and 50% on February 18, 2012. In the event of Mr. Schlehr’s termination of employment for any reason other than cause he will be entitled to six months of severance compensation and six months of health insurance provided by the Company. He is entitled to participate in the Company's Senior Management Incentive Plan with a guaranteed first year's payment of $35,000.

The information in this Form 8-K and Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such filing.

Neither the filing of any exhibit to this report nor the inclusion in such exhibits of a reference to IEC Electronics Corp.’s Internet address shall, under any circumstances, be deemed to incorporate the information available at such address into this report. The information available at IEC Electronics Corp.’s Internet address is not part of this report.

Item 9.01Financial Statements and Exhibits

(d)Exhibits

99.1 Press Release issued by IEC Electronics Corp. dated February 19, 2008.

2

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.

		IEC Electronics Corp. (Registrant)
Date: February 19, 2008	By:	/s/ W. Barry Gilbert
		W. Barry Gilbert
		Chairman, Chief Executive Officer

3

EX-99.1

Exhibit 99.1

Newark, NY - February 19, 2008 - IEC Electronics Corp. (IECE.OB) announced today that Michael Schlehr has joined the Company as Corporate Vice President and Chief Financial Officer. Mr. Schlehr brings more than 20 years of experience in various manufacturing industries to IEC.

“We are pleased to welcome Mike to IEC,” said W. Barry Gilbert, IEC’s CEO and Chairman. “Mike brings a wealth of experience and proven results to the company and we look forward to his contribution. We believe that Mike’s background and experience will be instrumental in further strengthening our finance efforts.”

Mr. Schlehr most recently was Vice President of Finance and Administration for the Process Solutions Group of Robbins & Myers, Inc. (RBN). Prior to that he worked as Director of Operations Accounting for Birdseye Foods Inc.

Mr. Schlehr replaces Brian Davis, Vice President of Finance, who is retiring. Mr. Davis will still be involved with the Company through a consulting arrangement.

CEO and Chairman Barry Gilbert stated, “When I asked Brian to join the IEC team I asked for a three year commitment. He gave us four years and has brought a great deal of value to the Company. We thank him for his contributions and all that he has accomplished. While there is a loss with Mr. Davis leaving, Mike is joining us during an exciting time. Mike’s extensive experience and fresh insights will be of particular value as we continue to grow the company. We are most appreciative that Mr. Davis has agreed to continue to assist the Company and everyone at IEC wishes Mr. Davis all the very best.”

As a full service EMS provider, IEC is AS9100 registered, ISO-9001:2000 registered, and a NSA approved supplier under the COMSEC standard. The Company offers its customers a wide range of services including design, prototype and volume printed circuit board assembly, material procurement and control, manufacturing and test engineering support, systems build, final packaging and distribution. Information regarding IEC can be found on its web site at www.iec-electronics.com

Contact: Heather Keenan

IEC Electronics Corp.

(315) 332-4262

hkeenan@iec-electronics.com