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 AND EXCHANGE ACT OF 1914

December 5, 2002
(Date of Report – Date of Earliest Event Reported)

COLE NATIONAL CORPORATION
(Exact name of registrant as specified in its charter)

Delaware	1-12814	34-1453189
(State or other jurisdiction of incorporation or organization)	(Commission file number)	(I.R.S. employer identification)

5915 Landerbrook Drive, Mayfield Heights, Ohio	44124
(Address of principal executive offices)	(Zip Code)

(440) 449-4100
(Registrant’s telephone number, including area code)

Not applicable
(Former name or former address, if changed from last report)

Item 5. Other Events

     Cole National Corporation (NYSE: CNJ) announced today that Ron Eilers, President and Chief Operating Officer of Deluxe Corporation (NYSE: DLX), has been appointed to its Board of Directors.

     Cole National Corporation issued a press release on December 5, 2002 announcing this event, a copy of which is attached as Exhibit 99.1 hereto.

2

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.

	COLE NATIONAL CORPORATION
Date: December 6, 2002	By:	/s/Lawrence E. Hyatt Name: Lawrence E. Hyatt Title: Executive Vice President and Chief Financial Officer

3

EXHIBIT INDEX

Exhibit	Description of Exhibit
99.1	Press release dated December 5, 2002

4 EX-99.1 3 l97621aexv99w1.txt EXHIBIT 99.1 PRESS RELEASE EXHIBIT 99.1 RON EILERS, PRESIDENT OF DELUXE CORPORATION, JOINS COLE NATIONAL'S BOARD OF DIRECTORS CLEVELAND, Ohio, Dec. 5, 2002 -- Cole National Corporation (NYSE: CNJ) announced today that Ron Eilers, President and Chief Operating Officer of Deluxe Corporation (NYSE: DLX), has been appointed to its Board of Directors. Jeffrey A. Cole, Chairman and Chief Executive Officer, commented, "We are very pleased to have the President and Chief Operating Officer of a firm with an 87-year history of successful operations and integrity join Cole National's Board. Under Ron's leadership, Deluxe Corporation has been effectively leveraging its core competencies and developing new sources of revenue through new and expanding product offerings. We look forward to the contributions Ron can make as we continue to build Cole National's optical and gift businesses." Mr. Eilers has been President and Chief Operating Officer of Deluxe Corporation and a member of its Board of Directors since May 2000. Deluxe Corporation's three business units provide personal and business checks, business forms, labels, self-inking stamps, fraud prevention services and customer retention programs to banks, credit unions, financial services companies, consumers and small businesses. Deluxe's revenue reached $1.3 billion in 2001. Its net income totaled $185.9 million. Mr. Eilers holds a bachelor's degree in mechanical engineering from the University of Missouri and a master of management degree from Thomas Aquinas University. He joined Deluxe Corporation in 1988. With the addition of Mr. Eilers, Cole National's Board has been expanded to include nine directors. ABOUT COLE NATIONAL Cole National Corporation's vision business, together with Pearle franchisees, has 2,178 locations in the U.S., Canada, Puerto Rico and the Virgin Islands, and includes Cole Managed Vision, one of the largest managed vision care benefit providers to approximately 94 million members with multiple provider panels and 20,000 practitioners. Cole's personalized gift business, Things Remembered, serves customers through 781 locations nationwide, catalogs, and the Internet at www.thingsremembered.com. Cole also has a 21% interest in Pearle Europe, which has more than 1,145 optical stores in Austria, Belgium, Estonia, Finland, Germany, Italy, the Netherlands, Poland, Portugal, Russia and Sweden. 8-K 4 l97621ae8vkxpdfy.pdf COURTESY COPY begin 644 l97621ae8vkxpdfy.pdf M)5!$1BTQ+C(-)>+CS],-"C(R(#`@;V)J#3P\(`TO3&EN96%R:7IE9"`Q(`TO M3R`R-"`-+T@@6R`W,S0@,3@R(%T@#2],(#(S,3@P(`TO12`Q.#0Q.2`-+TX@ M-"`-+U0@,C(V,C(@#3X^(`UE;F1O8FH-("`@("`@("`@("`@("`@("`@("`@ M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("!XF4@,S@-+TEN9F\@,C$@,"!2(`TO M4F]O="`R,R`P(%(@#2]0')E9@TP#24E14]`@("`@#3(S(#`@;V)J M#3P\(`TO5'EP92`O0V%T86QO9R`-+U!A9V5S(#$P(#`@4B`-+TI4(#(P(#`@ M4B`-/CX@#65N9&]B:@TS-B`P(&]B:@T\/"`O4R`U,B`O1FEL=&5R("]&;&%T M941E8V]D92`O3&5N9W1H(#,W(#`@4B`^/B`-:"8@:&(@97Z+6!@``@P`%+9#]<-96YD'0@72`-+T9O;G0@/#P@+T8R(#(W M(#`@4B`O1C8@,C8@,"!2(#X^(`TO17AT1U-T871E(#P\("]'4S$@,S$@,"!2 M(#X^(`T^/B`-96YD;V)J#3(V(#`@;V)J#3P\(`TO5'EP92`O1F]N="`-+U-U M8G1Y<&4@+U1Y<&4Q(`TO1FER7!E("]4>7!E,2`-+T9IF5R7`UO+VHO>B]N+V]N92]!+T\O='=O+VTO<75O=&5R:6=H="]X M+W1HF5R;R]-+VXO;VYE+T$O M:R]/+UP-='=O+VTO>"]T:')E92]O+TLO4B]P87)E;FQE9G0I#2]&;VYT1FEL M93,@,S4@,"!2(`T^/B`-96YD;V)J#3,P(#`@;V)J#3P\("],96YG=&@@,C(T M,R`^/B`-F%T:6]N7"DI+3(T M,#$N."@@*5U42@HR,BXP-S,U(#$N,C,X,B!41`HH7"A#;VUM:7-S:6]N(&9I M;&4I5&H*,2XX,#DW("TQ+C$Q.3(@5$0**&YU;6)E7!E("]% M>'1'4W1A=&4@#2]302!F86QS92`-+U--(#`N,#(@#2]/4"!F86QS92`-+T)' M(#,T(#`@4B`-+U5#4B`S,R`P(%(@#2](5"`O1&5F875L="`-+U12("])9&5N M=&ET>2`-/CX@#65N9&]B:@TS,B`P(&]B:@T\/"`O1FEL=&5R("]&;&%T941E M8V]D92`O3&5N9W1H(#4V-#,@+U-U8G1Y<&4@+U1Y<&4Q0R`^/B`-9;.[$2&4+(NRL9OHU?84^?$7*6A#!06AOVTE0J@@ M$$P""0+R(P0A!#`*"&I$?HI2$5"0*CH]CZO>U?/\1>L?5>NI'3O.T9[W;OK1 M\1:YN7.FG9MOYIV==[[G^9[GW6?WPS&)"X;C.!,9\;NH9=&^*U/2M0:_>%VZ M)F.LO4!08,(47'C31>`)P4H9@KQ==L8+BY,ZH*Y8YB'%.-P;!J)S7#!_#`LP`6;ZX(% M85BP"_;^!.P#&:;#L/?$`6($1F++L&U8'_8#SN!^N`GOQ']V27)I)B1$(G%. 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EX-99.1

                                                                    EXHIBIT 99.1





               RON EILERS, PRESIDENT OF DELUXE CORPORATION, JOINS
                       COLE NATIONAL'S BOARD OF DIRECTORS

         CLEVELAND, Ohio, Dec. 5, 2002 -- Cole National Corporation (NYSE: CNJ)
announced today that Ron Eilers, President and Chief Operating Officer of Deluxe
Corporation (NYSE: DLX), has been appointed to its Board of Directors.

         Jeffrey A. Cole, Chairman and Chief Executive Officer, commented, "We
are very pleased to have the President and Chief Operating Officer of a firm
with an 87-year history of successful operations and integrity join Cole
National's Board. Under Ron's leadership, Deluxe Corporation has been
effectively leveraging its core competencies and developing new sources of
revenue through new and expanding product offerings. We look forward to the
contributions Ron can make as we continue to build Cole National's optical and
gift businesses."

         Mr. Eilers has been President and Chief Operating Officer of Deluxe
Corporation and a member of its Board of Directors since May 2000. Deluxe
Corporation's three business units provide personal and business checks,
business forms, labels, self-inking stamps, fraud prevention services and
customer retention programs to banks, credit unions, financial services
companies, consumers and small businesses. Deluxe's revenue reached $1.3 billion
in 2001. Its net income totaled $185.9 million.

         Mr. Eilers holds a bachelor's degree in mechanical engineering from the
University of Missouri and a master of management degree from Thomas Aquinas
University. He joined Deluxe Corporation in 1988.

         With the addition of Mr. Eilers, Cole National's Board has been
expanded to include nine directors.

ABOUT COLE NATIONAL

         Cole National Corporation's vision business, together with Pearle
franchisees, has 2,178 locations in the U.S., Canada, Puerto Rico and the Virgin
Islands, and includes Cole Managed Vision, one of the largest managed vision
care benefit providers to approximately 94 million members with multiple
provider panels and 20,000 practitioners. Cole's personalized gift business,
Things Remembered, serves customers through 781 locations nationwide, catalogs,
and the Internet at www.thingsremembered.com. Cole also has a 21% interest in
Pearle Europe, which has more than 1,145 optical stores in Austria, Belgium,
Estonia, Finland, Germany, Italy, the Netherlands, Poland, Portugal, Russia and
Sweden.