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) - May 28, 2010

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 Department of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

(b) Effective May 28, 2010, Michael Schlehr resigned as Vice President and Chief Financial Officer of IEC Electronics Corp. (the "Company).

(c) Susan E. Topel-Samek was appointed Vice President and Chief Financial Officer of the Company effective May 31, 2010.  Mrs. Topel-Samek, age 52, served as Vice President and Treasurer for Bausch & Lomb, Inc. from February, 2008 to June, 2009.  In that capacity, she managed all aspects of traditional treasury areas and the global risk management/insurance, real estate and environment/health/safety operations reported to her.  She began her career at Bausch & Lomb in June, 1978 in MIS department and then held a variety of positions of increasing responsibility as Vice President of global risk management and environment/health/safety and assistant treasurer.  She holds an M.B.A. from the William E. Simon Graduate School of Business Administration at the University of Rochester and is a member of Beta Gamma Sigma Society.

Under the terms of a Letter Agreement with the Company, Mrs. Topel-Samek will receive an annual base salary of $175,000 and incentive stock options for 40,000 shares of stock, at an exercise price of $4.42 per share, the closing price of the Company's stock on the date of grant (the first day of her employment).  The option has a seven year term and will vest as follows: 50% on June 1, 2013 and 50% on June 1, 2014.  In addition, Mrs. Topel-Samek will receive 10,000 shares of restricted stock.  The restrictions will lapse after one year from the date the restricted stock is awarded.  In the event of Mrs. Topel-Samek's termination of employment for any reason other than cause she will be entitled to six months of severance compensation.  She is entitled to participate in the Company's Annual Management Incentive Plan with a guaranteed first year's payment of $30,625.  The Letter Agreement also contains provisions relating to confidentiality and non-competition.

(e) Pursuant to the terms of his original offer letter, Mr. Schlehr will receive salary continuation for a period of six months ($80,500) and medical insurance for six months (estimated at $2,700) each of which may be reduced if Mr. Schlehr receives compensation or medical coverage from another employer during the six-month period.

Item 9.01 Financial Statements and Exhibits

(d)	Exhibits
99.1	Press Release issued by IEC Electronics Corp. dated June 3, 2010.

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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:  June 3, 2010	By:
		W. Barry Gilbert
		Chairman, Chief Executive Officer

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EX-99.1

Exhibit 99.1

IEC Electronics Corp. (IEC: NYSE Amex) has announced the appointment of Susan E. Topel-Samek as Vice President and Chief Financial Officer, effective immediately.  She will report directly to W. Barry Gilbert, Chief Executive Officer of IEC Electronics.  Ms. Topel-Samek replaces Mike Schlehr, who has resigned to pursue other endeavors.

Ms. Topel-Samek enjoyed a successful career at Bausch & Lomb where she held a variety of positions of increasing responsibility in the company’s corporate real estate, risk management, tax and treasury departments.  Most recently she served as Vice President and Treasurer of Bausch & Lomb, before leaving that position in June 2009 to spend time with her family.  Prior to her appointment as Vice President and Treasurer, Ms. Topel-Samek was Vice President, with global oversight for Bausch & Lomb’s risk management/insurance and real estate.  She was also responsible for implementing the company’s global restructuring plan.  Ms. Topel-Samek earned an MBA from the Simon School at the University of Rochester and is a member of the Beta Gamma Sigma Society.

W. Barry Gilbert, CEO of IEC stated “We are excited that Sue has agreed to join us.  She brings a vast level of experience from a world class company and that can only help as we continue to grow. We believe she is a valuable addition to our management team and we look forward to our combined future success.  We respect Mike Schlehr’s decision to leave the Company to spend more time with his family and appreciate his contributions.  We wish him the greatest of success going forward.  To facilitate the transition, Mike has accepted a consulting role with IEC for the next six months.”

About IEC

IEC Electronics Corporation provides contract electronic manufacturing services to advanced technology companies primarily in the military and aerospace, medical, industrial and computing sectors.  The Company’s ultra high reliability capabilities include:  design, prototype and volume circuit board assembly, material procurement and control, manufacturing and test engineering support, systems build, final packaging and distribution.   As a full service EMS provider, IEC is AS9100 and ISO-9001:2000 registered, and a NSA approved supplier under the COMSEC standard.  The Company is located outside of Rochester, New York and also has operations in Victor, New York and Albuquerque, New Mexico.  Additional information about IEC can be found on its web site at www.iec-electronics.com.

Contact:	Heather Keenan	John Nesbett/Jennifer Belodeau
	IEC Electronics Corp.	Institutional Marketing Services
	(315) 332-4262	(203) 972-9200
	hkeenan@iec-electronics.com	jnesbett@institutionalms.com