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 Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): May 10, 2006

General Cable Corporation
__________________________________________
(Exact name of registrant as specified in its charter)

Delaware	001-12983	06-1398235
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)
4 Tesseneer Drive, Highland Heights, Kentucky		41076
_________________________________ (Address of principal executive offices)		___________ (Zip Code)

Registrant’s telephone number, including area code: (859) 572-8891

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:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  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 May 15, 2006, the registrant issued a press release, a copy of which is filed herewith as Exhibit 99.1 and incorporated here by reference, announcing that Christopher F. Virgulak, Executive Vice President and Chief Financial Officer, has informed the Company that he has decided to leave the Company at the end of the year 2006. The date of notification of the event for this report is Wednesday, May 10, 2006.

Item 9.01 Financial Statements and Exhibits.

List below the financial statements, pro forma financial information and exhibits, if any, filed as part of this report.

(c) The Exhibits accompanying this Report are listed in the Index to Exhibits.

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 hereunto duly authorized.

	General Cable Corporation
May 15, 2006	By:	Robert J. Siverd
		Name: Robert J. Siverd
		Title: Executive Vice President & General Counsel

Exhibit Index

Exhibit No.	Description
99.1	May 15, 2006 Press Release

EX-99.1

CONTACT:	Michael P. Dickerson	FOR IMMEDIATE RELEASE
	Vice President of Finance and	May 15, 2006

Investor Relations

(859) 572-8684

General Cable Announces Management Changes; Updates Second Quarter EPS Guidance

HIGHLAND HEIGHTS, KENTUCKY, May 15, 2006 - General Cable Corporation (NYSE: BGC) announced today that Christopher F. Virgulak, Executive Vice President and Chief Financial Officer, has informed the Company that he has decided to leave the Company at the end of the year. Mr. Virgulak has agreed to continue in his role through year end to ensure an orderly transition while General Cable seeks a new Chief Financial Officer.

“Over the course of nearly 20 years with the Company, Chris has been a great business partner to me and a key contributor to the overall strength of the Company. He leaves having built a highly capable global finance organization and I thank him on behalf of all our shareholders and associates,” said Gregory B. Kenny, President and Chief Executive Officer of General Cable. “I have had many opportunities to contribute and grow professionally at General Cable and I will leave knowing that the Company has a deeper finance organization, a stronger balance sheet, and is well positioned for the future,” said Virgulak.

The Company also announced that the Board of Directors has elected Brian J. Robinson, Senior Vice President, Controller to the additional position of Treasurer. Robinson has been Controller of General Cable since 2000. “Brian has been key to the successful financial re-engineering of the Company’s balance sheet that has been accomplished over the last several years. He was also instrumental in the implementation and remediation of the Company’s SOX compliance efforts, and the overall development of the Company’s global finance staff, and we are pleased that he has accepted this additional responsibility,” said Kenny.

Separately, the Company announced that it was updating its earnings per share guidance. “Despite the continuing sharp rise in copper and aluminum prices since our first quarter earnings release on May 1, we are now expecting to achieve earnings per share at the high end or perhaps a bit above our previous guidance for the second quarter of $0.40 to $0.45, ” Kenny concluded.

With over $3.0 billion of annualized revenues and 7,000 employees, General Cable (NYSE:BGC) is a global leader in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products for the energy, industrial, specialty and communications markets. Visit our website at www.generalcable.com.

Certain statements in this press release, including without limitation, statements regarding future financial results and performance, plans and objectives, capital expenditures, and the Company’s or management’s beliefs, expectations or opinions, are forward-looking statements. Actual results may differ materially from those statements as a result of factors, risks and uncertainties over which the Company has no control. Such risk factors are discussed in the Company’s Report on Form 10-K filed with the Securities and Exchange Commission on March 15, 2006, as well as in periodic reports filed with the Commission.

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Release No.0508
5/15/2006