-----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, B41tVLtiQMcePNRwmSGhbrFGtHvvIcaH8unBpuVZTxPwTTmOD2UkTaHsOh5TYnfz ex8af5jq/Qs0vuUbKhUP+Q== 0000950135-98-002573.txt : 19980424 0000950135-98-002573.hdr.sgml : 19980424 ACCESSION NUMBER: 0000950135-98-002573 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19980413 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980422 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: CML GROUP INC CENTRAL INDEX KEY: 0000729576 STANDARD INDUSTRIAL CLASSIFICATION: [3949] IRS NUMBER: 042451745 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-09630 FILM NUMBER: 98598909 BUSINESS ADDRESS: STREET 1: 524 MAIN ST CITY: ACTON STATE: MA ZIP: 01720 BUSINESS PHONE: (978) 264-4155 MAIL ADDRESS: STREET 1: 524 MAIN STREET CITY: ACTON STATE: MA ZIP: 01720 8-K 1 CML GROUP, INC. 1 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 13, 1998 CML Group, Inc. ----------------------------------------------------------------- (Exact Name of Registrant as Specified in its Charter) Delaware ------------------------------------------------------- (State or Other Jurisdiction of Incorporation) 001-09630 04-2451745 - ---------------------------------- ------------------------------------ (Commission File Number) (I.R.S. Employer Identification No.) 524 Main Street Acton, Massachusetts 01720 - ----------------------------------------- ---------- (Address of Principal Executive Offices) (Zip Code) (978) 264-4155 ------------------------------------------------------------------- (Registrant's Telephone Number, Including Area Code) Not Applicable ------------------------------------------------------------------------------- (Former Name or Former Address, if Changed Since Last Report) 2 ITEM 5. OTHER EVENTS On April 14, 1998, CML Group, Inc. (the "Company") announced certain organizational changes. The Board of Directors elected John A. C. Pound as Chairman of the Board and Chief Executive Officer and G. Robert Tod as Vice Chairman, and announced the resignation of Charles M. Leighton as director on April 13, 1998. Mr. Pound previously served as Chairman and Acting Chief Executive Officer. Mr. Tod formerly served as President and Chief Operating Officer. In submitting his resignation, Mr. Leighton noted the different leadership style of the present Chief Executive Officer and that there were conflicting opinions among Board members as to whether, as former Chief Executive Officer, he should remain as a director. The foregoing description of the announcement is qualified in its entirety by reference to the full text of the Company's press release which is filed as Exhibit 99 to this Current Report on Form 8-K and incorporated herein by reference. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS (a) FINANCIAL STATEMENTS OF BUSINESSES ACQUIRED. Not applicable. (b) PRO FORMA FINANCIAL INFORMATION Not applicable. (c) EXHIBITS. The exhibit following the Exhibit Index is incorporated herein by reference. 2 3 SIGNATURE 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. Date: April 22, 1998 CML GROUP, INC. --------------------------------------------- (Registrant) By: /s/ Paul J. Bailey --------------------------------------------- Paul J. Bailey Controller and Principal Accounting Officer 3 4 EXHIBIT INDEX Exhibit Number Description - ------ ----------- 99 Press Release dated April 14, 1998 4 EX-99 2 NEWS RELEASE DATED APRIL 14, 1998 1 EXHIBIT 99 ---------- CML NEWS RELEASE - -------------------------------------------------------------------------------- 524 Main Street Acton, Massachusetts 01720 Telephone: (978) 264-4155 CONTACT: Lynn Harrison Director of Investor Relations 978-264-4155 FOR IMMEDIATE RELEASE - --------------------- April 14, 1998 CML ANNOUNCES ORGANIZATIONAL CHANGES ------------------------------------ Acton, Mass., April 14, 1998 -- CML Group, Inc. (NYSE: CML), announced today certain organizational changes. The Board of Directors today elected John A.C. Pound as Chairman of the Board and Chief Executive Officer of the Company. Mr. Pound previously served as Chairman and Acting Chief Executive Officer. The Board of Directors also appointed G. Robert Tod, a co-founder of the Company, as Vice Chairman of the Company. Mr. Tod formerly served as President and Chief Operating Officer. In addition, the Company announced that Charles M. Leighton, co-founder of the Company, resigned as director on April 13, 1998. Mr. Leighton was succeeded by Mr. Pound as Chief Executive Officer on February 20, 1998. In submitting his resignation, Mr. Leighton noted the different leadership style of the present Chief Executive Officer and that there were conflicting opinions among Board members as to whether, as former Chief Executive Officer, he should remain as a director. CML is a leading marketer of products for consumers that enhance healthy, active lifestyles. Its products are sold under the trade names NordicTrack, Nordic Advantage and Smith & Hawken. ### 5 -----END PRIVACY-ENHANCED MESSAGE-----