-----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, CU6IuTineFGqWLoijpVAsJV9JwCkED08/g69mU0h4cGP4sE+g86U/d+rG9K0VHHe VdTJ9YdX2hPvZPLG4osqwQ== 0000898430-96-002224.txt : 19960524 0000898430-96-002224.hdr.sgml : 19960524 ACCESSION NUMBER: 0000898430-96-002224 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19960520 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19960523 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: PAC RIM HOLDING CORP CENTRAL INDEX KEY: 0000837942 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 954105740 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-18779 FILM NUMBER: 96571544 BUSINESS ADDRESS: STREET 1: 6200 CANOGA AVE CITY: WOODLAND HILLS STATE: CA ZIP: 91367 BUSINESS PHONE: 8182266200 8-K 1 FORM 8-K DATED 5/20/96 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 20, 1996 ----------------------------- PAC RIM HOLDING CORPORATION - ------------------------------------------------------------------------------ DELAWARE 0-18779 95-4105740 - ------------------------------------------------------------------------------ (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 6200 Canoga Avenue, Woodland Hills, California 91367-2402 - ------------------------------------------------------------------------------ (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (818) 226-6200 --------------------------- - ------------------------------------------------------------------------------ (Former name or former address, if changed since last report.) ITEM 5. OTHER EVENTS. Mr. Robert M. Anderson, Chairman of the Board of Directors of Registrant, a director of Registrant, and a director of Registrant's wholly-owned subsidiary, The Pacific Rim Assurance Company, tendered his resignation as Chairman of the Registrant and its subsidiary, The Pacific Rim Assurance Company, on May 20, 1996, which resignation was accepted by the Boards of Directors of Registrant and its subsidiary on May 20, 1996. Mr. Timothy R. Busch, an existing member of the Board of Directors of Registrant (and a Director of The Pacific Rim Assurance Company) was elected as "Interim Chairman" of the Board of Directors of Registrant effective May 20, 1996. The vacancy created by Mr. Anderson's resignation upon the Boards of Directors of Registrant and its subsidiary, The Pacific Rim Assurance Company, is anticipated to be filled in connection with the Registrant's annual meeting of stockholders, to be held on July 10, 1996. Mr. Anderson advised Registrant that the reason for his resignation was a requirement to devote his full time and attention to his other business endeavors. Mr. Anderson has neither expressed nor stated any form of disagreement with Registrant relating to its operations, policies, or practices as the reason for his resignation in writing or otherwise, and Registrant has no reason to believe any form of disagreement exists. The Registrant has provided notification of this event by means of a press release, a copy of which is attached hereto as Exhibit 5.1. 2 ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. EXHIBITS 5.1 Press Release dated May 23, 1996 3 SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PAC RIM HOLDING CORPORATION, a Delaware Corporation Dated May 23, 1996 By: /s/ Paul W. Craig ---------------------------------------- Paul W. Craig, Executive Vice President Chief Financial Officer 4 EXHIBIT INDEX
EXHIBIT DESCRIPTION SEQUENTIALLY NUMBERED NUMBER PAGE 5.1 Press Release dated May 23, 1996
5 EX-5.1 2 PRESS RELEASE DATED 5/23/96 [LETTERHEAD OF PAC RIM HOLDING CORPORATION] EXHIBIT 5.1 FOR IMMEDIATE RELEASE: CONTACT: STANLEY BRAUN CHAIRMAN, PRESIDENT AND CHIEF EXECUTIVE OFFICER (818) 593-8258 JAMES K. WHITE KEHOE, WHITE, SAVAGE & CO. (310) 437-0655 PAC RIM ANNOUNCES CHANGE ON BOARD OF DIRECTORS ---------------------------------------------- WOODLAND HILLS, CALIFORNIA, MAY 23, 1996 -- Pac Rim Holding Corporation (NASDAQ: PRIM), today announced that Mr. Robert M. Anderson had tendered his resignation as Chairman of Pac Rim Holding and its wholly-owned subsidiary, The Pacific Rim Assurance Company, effective May 20, 1996. Mr. Timothy R. Busch, an existing member of the Board of Directors of Pac Rim Holding and The Pacific Rim Assurance Company, was elected as "Interim Chairman" of the Board of Directors of Pac Rim Holding, effective May 20, 1996. The vacancy created by Mr. Anderson's resignation is anticipated to be filled at the Company's annual meeting of stockholders, to be held on July 10, 1996. Mr. Anderson, who has served as a member of the Company's Board of Directors since 1994, stated that the reason for his resignation was directly related to a requirement to devote full time and attention to his other business endeavors. [LETTERHEAD OF PAC RIM HOLDING CORPORATION] Pac Rim Holding, through its wholly-owned subsidiary, The Pacific Rim Assurance Company, is engaged in the writing of workers' compensation insurance in California, Arizona, Texas and Georgia. Through a multi-state workers' compensation insurance managed care program with MetraComp, Inc.; a subsidiary- of the MetraHealth Companies, Inc., it provides a full range of managed care services to Pacific Rim's workers' compensation insurance employer policyholders in California, as well as other states. ### - 2 - -----END PRIVACY-ENHANCED MESSAGE-----