-----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, Wj8ztn4tQhR/kdzqaE+XDsHq5OObF7dgTPC77YrqY69R02+fM4TowALG7gXKI4Z2 /9dOlpxjV/kj2p2MafCrxg== 0000950138-08-000592.txt : 20080812 0000950138-08-000592.hdr.sgml : 20080812 20080812161715 ACCESSION NUMBER: 0000950138-08-000592 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20080812 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: 20080812 DATE AS OF CHANGE: 20080812 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HEARUSA INC CENTRAL INDEX KEY: 0000821536 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RETAIL STORES, NEC [5990] IRS NUMBER: 222748248 STATE OF INCORPORATION: DE FISCAL YEAR END: 1225 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11655 FILM NUMBER: 081009958 BUSINESS ADDRESS: STREET 1: 1250 NORTHPOINT PARKWAY CITY: WEST PALM BEACH STATE: FL ZIP: 33407 BUSINESS PHONE: 5614788770 MAIL ADDRESS: STREET 1: 1250 NORTHPOINT PARKWAY CITY: WEST PALM BEACH STATE: FL ZIP: 33407 FORMER COMPANY: FORMER CONFORMED NAME: HEARX LTD DATE OF NAME CHANGE: 19950808 8-K 1 form8k.htm

 


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): August 12, 2008

HearUSA, Inc.

(Exact Name of Registrant as Specified in Charter)

Delaware

 

001-11655

 

22-2748248

(State or Other
Jurisdiction of
Incorporation)

 

(Commission
File Number)

 

(I.R.S. Employer
Identification No.)

 

1250 Northpoint Parkway

 

 

West Palm Beach, Florida

 

33407

(Address of Principal Executive Offices)

 

(Zip Code)

 

 

 

Registrant’s telephone number, including area code:

(561) 478-8770

 

 

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 (see General Instruction A.2. below):

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 Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective August 12, 2008, Gino Chouinard assumed the role of President and Chief Financial Officer. Mr. Chouinard, 40, has most recently served as the Company’s Executive Vice President and Chief Financial Officer. Mr. Chouinard joined the Company in July 2002 with the Company’s acquisition of Helix Hearing Care of America Corp. Mr. Chouinard served as Helix’s Chief Financial Officer from November 1999 until its acquisition by the Company. Mr. Chouinard is a Chartered Accountant who previously worked for Ernst & Young LLP, an international accounting firm, as Manager from 1996 until 1999 and as Senior Accountant from 1994 until 1996. The Company issued a press release announcing the appointment on August 12, 2008, a copy of which is furnished with this Form 8-K as Exhibit 99.1.

Item 9.01.     Financial Statements and Exhibits.

 

(d)  Exhibits

 

 

Exhibit No.

Description

 

 

 

 

99.1

Press release issued August 12, 2008.

.

 


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.

 

 

HearUSA, Inc.

(Registrant)

 

 

 

Date:  August 12, 2008

By:

/s/ Stephen J. Hansbrough

 

 

Name:  Stephen J. Hansbrough

 

 

Title:    Chairman and Chief Executive Officer

 

 


EXHIBIT INDEX

Exhibit No.

Description of Exhibit

 

 

99.1

Press release issued August 12, 2008.

 

 

 

EX-99.1 2 exh99-1.htm PRESS RELEASE

Exhibit 99.1

 


 

FOR IMMEDIATE RELEASE

 

Company Contact:

Investor Relations

HearUSA Inc.

Scott Liolios or Ron Both

Stephen J. Hansbrough

Liolios Group, Inc.

Chairman & CEO

email: info@liolios.com

Tel 561-478-8770, ext 132

Tel 949-574-3860

 

 

HearUSA Appoints Gino Chouinard as President

 

West Palm Beach, Fla. – August 12, 2008 -- HearUSA, Inc. (AMEX: EAR), a leading provider of hearing care through a fully integrated and professionally accredited system of hearing care centers, has appointed executive vice president and CFO Gino Chouinard as the company president, assuming the position from Stephen J. Hansbrough, who will continue as chairman and CEO. Chouinard will also continue in his capacity as CFO.

 

Chouinard became CFO of HearUSA following HearUSA’s merger with Helix Hearing Care of America Corp. in July 2002, where he had served as Helix’s CFO since 1999. Later he was given the additional role of executive vice president of HearUSA. Before joining Helix, he served as an audit manager at Ernst & Young from 1992 to 1999.

 

“Gino is a rare combination of a real ’numbers man’ and an individual with strong leadership capabilities,” said Hansbrough. “His expertise, insight and leadership abilities led our company through a dramatic turnaround since the merging of HEARx and Helix, and he has positioned the company well for continued record growth. I am honored to announce his promotion to president and have the greatest confidence in his ability to lead us into an exciting new era at HearUSA.”

 

Chouinard was instrumental in bringing Helix and HearUSA together and leading the integration process. He subsequently led cost reduction programs and revenue growth initiatives that helped drive revenues from $49 million in 2001 to more than $100 million by 2007, and improved operating margin from negative 17% in 2001 to positive 7% in 2007. The company recently reported its seventh consecutive quarter of record revenue growth.

 

Chouinard received his bachelor’s degree in accounting from the University of Quebec in 1992, and became a charted accountant in 1994.

 

About HearUSA

HearUSA, Inc. provides hearing care to patients primarily through more than 190 company-owned hearing care centers, which offer a complete range of quality hearing aids with an emphasis on the latest digital technology. HearUSA Centers are located in California, Florida, New York, New Jersey, Massachusetts, Ohio, Michigan, Missouri, North Carolina, and the province of Ontario, Canada. The company also derives revenues from its HearUSA Hearing Care Network, comprised of 1,900 affiliated audiologists in 49 states, as well as its website that enables online purchases of hearing related products, such as batteries, hearing aid accessories and assistive listening devices. For further information, visit the HearUSA website: www.hearusa.com.

 

###

 

 

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