-----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, JKwEArsPGjO8MQHFfFEstz/waRDX2x6juvCeFEcGz0YUsm3iG0/+Brgq2DgwafKd n/tJDHIHluAKK7+ksr9g6Q== 0001047469-02-003431.txt : 20021118 0001047469-02-003431.hdr.sgml : 20021118 20021118125339 ACCESSION NUMBER: 0001047469-02-003431 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20021111 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20021118 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STEINWAY MUSICAL INSTRUMENTS INC CENTRAL INDEX KEY: 0000911583 STANDARD INDUSTRIAL CLASSIFICATION: MUSICAL INSTRUMENTS [3931] IRS NUMBER: 351910745 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11911 FILM NUMBER: 02831028 BUSINESS ADDRESS: STREET 1: 800 S ST STE 425 CITY: WALTHAM STATE: MA ZIP: 02453-1472 BUSINESS PHONE: 2195221675 MAIL ADDRESS: STREET 1: 600 INDUSTRIAL PARKWAY CITY: ELKHART STATE: IN ZIP: 46516 FORMER COMPANY: FORMER CONFORMED NAME: SELMER INDUSTRIES INC DATE OF NAME CHANGE: 19940209 8-K 1 a2094057z8-k.htm 8-K
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549


FORM 8-K

        CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES ACT OF 1934

Date of Report (Date of earliest event reported): November 11, 2002

STEINWAY MUSICAL INSTRUMENTS, INC.
(Exact name of registrant as specified in its charter)

Delaware
(State or other Jurisdiction of Incorporation)
  001-11911
(Commission File Number)
  35-1910745
(IRS Employer Identification No.)

800 South Street, Suite 305, Waltham, Massachusetts 02453
(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code:
(781) 894-9770





ITEM 5. OTHER EVENTS

        On November 11, 2002 the Registrant accepted Thomas T. Burzycki's resignation as an officer and director. See the press release attached hereto as Exhibit 99.1 for additional information. On November 14, 2002, John. M. Stoner, Jr. was appointed to the Board of Directors to fill the vacancy created by Mr. Burzycki's resignation. For additional information, see the press release attached hereto as Exhibit 99.2.

        Additionally, on November 14, 2002, Michael R. Vickrey resigned from his position as an officer for the Registrant. Mr. Vickrey remains an officer of Registrant's band segment subsidiaries.


ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

Exhibit No.

  Description

99.1   Press release dated November 11, 2002 regarding Thomas T. Burzycki

99.2

 

Press release dated November 11, 2002 regarding John M. Stoner, Jr.


SIGNATURES

        Pursuant to the requirements of the Securities and Exchange Act of 1934, as amended, the Registrant has duly cause this report to be signed on its behalf by the undersigned, thereunto duly authorized

    STEINWAY MUSICAL INSTRUMENTS, INC.
         
Date: November 15, 2002   By:   /s/  DANA D. MESSINA      
    Name:   Dana D. Messina
    Title:   President and Chief Executive Officer


EXHIBIT INDEX

Exhibit No.

  Description

99.1   Press release of Conn-Selmer dated November 11, 2002 regarding Thomas T. Burzycki

99.2

 

Press release of Conn-Selmer dated November 11, 2002 regarding John M. Stoner, Jr.



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FORM 8-K
ITEM 5. OTHER EVENTS
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
SIGNATURES
EXHIBIT INDEX
EX-99.1 3 a2094057zex-99_1.htm EXHIBIT 99.1
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Exhibit 99.1

[STEINWAY MUSICAL INSTRUMENTS, INC. LOGO]

For Immediate Release:

Thomas Burzycki Retires from Conn-Selmer

        WALTHAM, MA—November 11, 2002—Steinway Musical Instruments, Inc. (NYSE: LVB) today announced that Thomas Burzycki has retired from his position as President of the Company's band instrument division and resigned from the Company's board of directors.

        "After twenty-four incredible years with UMI and Selmer, the time has come for me to retire," commented Burzycki, who was appointed President of UMI in 1985 and became President of Selmer in 1990. "Since 1990 it was a dream of mine for Selmer and UMI to join forces. Two years ago, when Selmer acquired UMI, we took a huge step toward that goal. Recently, we initiated the process of reorganizing the two band companies into one dynamic organization, Conn-Selmer. My dream has become a reality. Having achieved all of my professional goals, I wish to now spend more time pursuing my personal interests."

        Dana Messina, CEO of Steinway Musical Instruments, noted, "Tom's contributions to the Company and the industry have been monumental. Everyone is grateful for what our band division accomplished under his direction." Messina added, "Under Tom's leadership, the company grew from a small band instrument manufacturer to a major worldwide force in the musical instrument industry. I believe Tom accomplished more than any other business leader in building a successful legacy in this business."

        In addition, while at Steinway Musical Instruments, Burzycki played a key role in the Company's acquisition of Steinway & Sons in 1995. It was that acquisition that led to the Company's initial public offering in 1996. Burzycki is currently President of the National Council of Music Importers & Exporters. He is past president of the National Association of Band Instrument Manufacturers and the American Music Conference. Burzycki is a past board member of the National Association of Music Merchants and an advisory board member of the Music Teachers National Association, Mr. Holland's Opus Foundation, Fischoff Chamber Music, Interlochen Music Camps and the Indiana Coalition for Music Education

        Burzycki has agreed to remain in a consulting role with Conn-Selmer to ensure a smooth transition of his position. Burzycki noted, "Although I am leaving Conn-Selmer, I am proud that I've positioned the company for a great future. I have every confidence that the strong management team we have assembled will lead Conn-Selmer to great achievements in the coming years."

About Steinway Musical Instruments

        Steinway Musical Instruments, Inc., through its Steinway and Conn-Selmer subsidiaries, is one of the world's leading manufacturers of musical instruments. Its notable products include Selmer Paris saxophones, Bach Stradivarius trumpets, C.G. Conn French horns, King trombones, Ludwig snare drums and Steinway & Sons pianos. Additional information can be obtained by visiting our web site: www.steinwaymusical.com

"Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995

        This release contains "forward-looking statements" which represent the Company's present expectations or beliefs concerning future events. The Company cautions that such statements are necessarily based on certain assumptions which are subject to risks and uncertainties which could cause actual results to differ materially from those indicated herein. These risk factors include the following: changes in general economic conditions; increased competition; work stoppages and slowdowns; exchange rate fluctuations; variations in the mix of products sold; fluctuations in effective tax rates resulting from shifts in sources of income; and the ability to successfully integrate and operate acquired businesses. Further information on these risk factors is included in the Company's filings with the Securities and Exchange Commission.

Contact:   Julie A. Theriault
Telephone: 781-894-9770
E-mail: ir@steinwaymusical.com



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Exhibit 99.1
EX-99.2 4 a2094057zex-99_2.htm EXHIBIT 99.2
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Exhibit 99.2

[STEINWAY MUSICAL INSTRUMENTS, INC. LOGO]

For Immediate Release:

Steinway Appoints John Stoner as President of Conn-Selmer

        WALTHAM, MA—November 11, 2002—Steinway Musical Instruments, Inc. (NYSE: LVB), one of the world's leading manufacturers of musical instruments, today announced the appointment of John M. Stoner, Jr. as President of its band instrument division. The division, recently renamed Conn-Selmer, is the largest band instrument manufacturer in the United States. Stoner will also serve as a director on the board.

        Stoner has 24 years of relevant experience in consumer goods. He joins Conn-Selmer from Ames True Temper, Inc., the world's largest manufacturer of non-powered lawn and garden tools, where he held the position of President and CEO.

        Dana Messina, CEO of Steinway Musical Instruments, commented, "John's appointment underscores our commitment to the future of Conn-Selmer. He is a dynamic leader with a proven track record of combining manufacturing businesses and increasing market share. I am confident in John's ability to build the Conn-Selmer team and to capitalize on available market share and profit opportunities within the industry."

        "Conn-Selmer is a company with a great history, legendary brands and a strong market position," noted Stoner. "I believe my background in growing market share, lowering costs and improving a company's operating performance will help enable Conn-Selmer to realize its full market potential. I am extremely excited about joining the Conn-Selmer team and contributing to the company's success."

About Steinway Musical Instruments

        Steinway Musical Instruments, Inc., through its Steinway and Conn-Selmer subsidiaries, is one of the world's leading manufacturers of musical instruments. Its notable products include Selmer Paris saxophones, Bach Stradivarius trumpets, C.G. Conn French horns, King trombones, Ludwig snare drums and Steinway & Sons pianos. Additional information can be obtained by visiting our web site: www.steinwaymusical.com

"Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995

        This release contains "forward-looking statements" which represent the Company's present expectations or beliefs concerning future events. The Company cautions that such statements are necessarily based on certain assumptions which are subject to risks and uncertainties which could cause actual results to differ materially from those indicated herein. These risk factors include the following: changes in general economic conditions; increased competition; work stoppages and slowdowns; exchange rate fluctuations; variations in the mix of products sold; fluctuations in effective tax rates resulting from shifts in sources of income; and the ability to successfully integrate and operate acquired businesses. Further information on these risk factors is included in the Company's filings with the Securities and Exchange Commission.

Contact:   Julie A. Theriault
Telephone: 781-894-9770
E-mail: ir@steinwaymusical.com



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Exhibit 99.2
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