-----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, EKLpVYqu2IYnEX8Yx2Z0xQ7BWq+2dRRls86fT23HczF7RYR0EOb6nQyhElVSrIF4 b0YHk67cdL20jY4tu3uW8A== 0000814068-06-000011.txt : 20060313 0000814068-06-000011.hdr.sgml : 20060313 20060313161630 ACCESSION NUMBER: 0000814068-06-000011 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20060309 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060313 DATE AS OF CHANGE: 20060313 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHAMPION ENTERPRISES INC CENTRAL INDEX KEY: 0000814068 STANDARD INDUSTRIAL CLASSIFICATION: MOBILE HOMES [2451] IRS NUMBER: 382743168 STATE OF INCORPORATION: MI FISCAL YEAR END: 1225 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09751 FILM NUMBER: 06682315 BUSINESS ADDRESS: STREET 1: 2701 CAMBRIDGE COURT STREET 2: STE 300 CITY: AUBURN HILLS STATE: MI ZIP: 48326 BUSINESS PHONE: 2483409090 MAIL ADDRESS: STREET 1: 2701 UNIVERSITY DRIVE STREET 2: STE 300 CITY: AUBURN HILLS STATE: MI ZIP: 48326 8-K 1 form8-k20060309.htm CURRENT REPORT ON FORM 8-K DATED MARCH 9, 2006

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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):

March 9, 2006

 

Champion Enterprises, Inc.

(Exact Name of Registrant as Specified in Its Charter)

 

Michigan

(State or Other Jurisdiction of Incorporation)

 

 

1-9751

38-2743168

 

 

(Commission File Number)

(IRS Employer Identification No.)

 

 

 

2701 Cambridge Court, Suite 300, Auburn Hills, Michigan

48326

 

 

(Address of Principal Executive Offices)

(Zip Code)

 

(248) 340-9090

(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.        Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

On March 9, 2006, the Board of Directors of Champion Enterprises, Inc. (the “Company”) elected Thomas A. Madden, retired executive vice president and chief financial officer of Ingram Micro Inc., and David S. Weiss, former executive vice president and chief financial officer of Beazer Homes USA, Inc., as new directors, effective on March 17, 2006. Messrs. Madden and Weiss will each be proposed to the shareholders at the 2006 Annual Meeting of Shareholders for election as a director. Mr. Madden has been appointed to the Audit and Financial Resources Committee and Mr. Weiss has been appointed to the Compensation and Human Resources Committee. There were no arrangements or understandings between either Mr. Madden or Mr. Weiss and any other persons pursuant to which either Mr. Madden or Mr. Weiss was selected as a director and there are no related party transactions between either Mr. Madden or Mr. Weiss and the Company. A copy of the press release announcing the elections of Messrs. Madden and Weiss is attached hereto as Exhibit 99.1 and is incorporated in this Item 5.02 by reference.

 

Item 9.01.

Financial Statements and Exhibits

 

(d) Exhibits.

 

Exhibit 99.1

Press Release dated March 9, 2006.

 

 

 

 



 

 

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 thereunto duly authorized.

 

CHAMPION ENTERPRISES, INC.

 

 

By:

/s/ John J. Collins, Jr.

 

John J. Collins, Jr., Senior Vice President,
General Counsel and Secretary

 

 

 

Date: March 13, 2006

 

 

 



 

 

Index to Exhibits

 

 

Exhibit No.

Description

 

 

Exhibit 99.1

Press Release dated March 9, 2006.

 

 

 

 

 



EX-99 2 pressrelease20060309.htm PRESS RELEASE DATED MARCH 9, 2006

EXHIBIT 99.1

 

 

Investor Contact:

Lisa D. Lettieri

Vice President of Investor Relations

Champion Enterprises

(248) 340-7731

llettieri@championhomes.net

 

OR

 

Media Contacts:

Tim Hanson or Paul Kesman

Identity Investor Relations

(248) 258-2333

chb@identitypr.com

 

Champion Enterprises Names William C. Griffiths Chairman

And Adds Two Directors To Its Board

 

New Directors Thomas Madden and David Weiss Add International, Homebuilding

and Further Financial Expertise

 

AUBURN HILLS, Mich., March 9, 2006 – Champion Enterprises, Inc. (NYSE: CHB), a leader in factory-built construction, announced that it has added two new directors to its board, Thomas A. Madden and David S. Weiss. In addition, it has elected William C. Griffiths, Champion’s president and chief executive officer, to the additional position of chairman of the board. In connection with this change Selwyn Isakow, the Company’s previous non-executive chairman, will now serve as Lead Independent Director. Champion noted that it intends to add one more non-executive director to its board sometime in 2006.

 

Griffiths joined Champion Enterprises in August of 2004 as president and CEO. “Bill has led the Company through a major turnaround, transforming it into the largest modular homebuilder in the United States. Griffiths has guided the Company’s return to profitability, closed or sold unprofitable operations, and developed a successful long-term strategy for future growth,” said Selwyn Isakow.

 

The appointment of Messrs. Madden and Weiss adds further financial experience to the Board, as each has held chief financial officer positions at multi-billion dollar companies. In addition, the international experience of Mr. Madden and the homebuilding experience of Mr. Weiss will be valuable in the execution of Champion’s growth strategy.

 

Madden is the retired executive vice president and chief financial officer of Ingram Micro Inc., the world’s largest technology distributor. As CFO, Madden directed Ingram Micro’s global financial operations, supervising the company’s treasury, finance and accounting departments as well as serving in the Office of the Chairman to help determine corporate policies, strategies and growth initiatives. He currently serves on the board of directors of Mindspeed Technologies, Freightcar America and City of Hope cancer institute. Madden has been named to Champion’s Audit and Financial Resources Committee.

 

2701 Cambridge Court, Suite 300 | Auburn Hills, Michigan 48326

(248) 340-9090 | www.championhomes.net

 



Champion Enterprises Names William C. Griffiths Chairman And Adds Two Directors To Its Board

Page 2 ~

 

 

 

Weiss worked in the homebuilding industry for a decade, beginning first in 1993 with Hanson Industries, and then Beazer Homes after its spin-off by Hanson. Weiss was executive vice president and chief financial officer of Beazer, one of the largest single-family homebuilders in the nation currently with $5 billion in revenues. He was a key contributor to Beazer’s successful initial public offering and later developed its “Value Created” system for financial performance evaluation that is still used today. Weiss will sit on Champion’s Compensation and Human Resources Committee.

 

“I would like to thank Selwyn for his service as Board Chairman and I look forward to working with him closely in the future,” said William Griffiths, chairman, president and CEO of Champion Enterprises, Inc. “I also want to welcome Tom and Dave, who will be valuable additions to the board.”

 

About Champion

Champion Enterprises, headquartered in Auburn Hills, Mich., a leader in factory-built construction, has produced more than 1.6 million homes through its family of homebuilders since 1953. Today, Champion operates 32 manufacturing facilities in North America and partners with nearly 3,000 independent retailers, builders and developers. For more information, please visit www.championhomes.net.

 

 

 

 

 

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