-----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, IDmbPi0WJCM0H9wiChhdSRqR/lOi1b4C274PlJ877dBbUHyB9GBMQ/yP6SUixExk h1YtOWX/j6RxvBCRf9VIew== 0000950159-02-000163.txt : 20020415 0000950159-02-000163.hdr.sgml : 20020415 ACCESSION NUMBER: 0000950159-02-000163 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020313 ITEM INFORMATION: Other events FILED AS OF DATE: 20020315 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IOS CAPITAL LLC CENTRAL INDEX KEY: 0000922255 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-PAPER AND PAPER PRODUCTS [5110] IRS NUMBER: 232493042 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-20405 FILM NUMBER: 02576691 BUSINESS ADDRESS: STREET 1: 1738 BASS RD CITY: MACON STATE: GA ZIP: 31210 BUSINESS PHONE: 9124712300 MAIL ADDRESS: STREET 1: 1738 BASS RD CITY: MACON STATE: GA ZIP: 31210 FORMER COMPANY: FORMER CONFORMED NAME: IOS CAPITAL INC DATE OF NAME CHANGE: 19980212 FORMER COMPANY: FORMER CONFORMED NAME: IKON CAPITAL INC DATE OF NAME CHANGE: 19980113 FORMER COMPANY: FORMER CONFORMED NAME: ALCO CAPITAL RESOURCE INC DATE OF NAME CHANGE: 19940425 8-K 1 ios8k.txt 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) March 13, 2002 IOS Capital, LLC (Exact name of registrant as specified in its charter) DELAWARE File No. 0-20405 23-2493042 ------------ --------------------- ------------------ (State or other (Commission File (IRS Employer jurisdiction of Number) Identification incorporation) Number) 1738 Bass Road, Macon, Georgia 31210 ---------------------------------- ----------- Registrant's telephone number, including area code: (912) 471-2300 -------------- Not Applicable ---------------------------------------------------------------- (Former name or former address, if changed since last report) Item 5. Other Events On March 13, 2002, the Registrant's parent, IKON Office Solutions, Inc., issued a press release regarding the initiation of a transition plan to new leadership. c. The following exhibits are furnished in accordance with the provisions of Item 601 of Regulation S-K: (99.1) Press Release dated March 13, 2002. 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 thereunto duly authorized. IOS Capital, Inc. By: /s/ HARRY KOZEE -------------------------- Harry Kozee Vice President - Finance Dated: March 14, 2002 EX-99 3 exhibit99-1.txt EXHIBIT 99.1 Exhibit 99.1 Contacts: Veronica Rosa Steven Eck IKON Office Solutions IKON Office Solutions 610-408-7196 610-408-7295 vrosa@ikon.com seck@ikon.com - -------------- ------------- JAMES J. FORESE, IKON CHAIRMAN AND CEO, INITIATES TRANSITION PLAN TO NEW LEADERSHIP Valley Forge, Pennsylvania - March 13, 2002 - IKON Office Solutions (NYSE:IKN), a leading provider of business communications solutions, today announced that James J. Forese, the Company's Chairman and Chief Executive Officer, plans to step down as CEO by the end of its fiscal year in September 2002, and will continue in his role as Chairman of the Board until the Company's next annual meeting in February 2003. This planned retirement will provide for a smooth transition to new leadership as IKON's Board of Directors begins a comprehensive search both internally and externally to identify a successor to Mr. Forese. Mr. Forese said, "I am proud of what our outstanding management team has accomplished in positioning IKON for sustained growth, and of what our employees have worked so hard to build. We have aligned our sales and service organizations to focus on new technologies and market opportunities, and we continue to improve our operational infrastructure to ensure we have a profitable and customer-focused business model. The Company has strong fundamentals, a solid balance sheet, and the right structure for the current competitive environment. "Given the accomplishments of the past several years and the strength of our management team, I believe it is now time to begin the process of identifying a new CEO for IKON. When I took over as President and CEO in 1998, I stated my intention to remain with the company until 2003, and this transition plan will allow me to fulfill that commitment, while at the same time providing a clear succession plan for the leadership of the Company," Mr. Forese continued. Richard A. Jalkut, Lead Independent Director of IKON's Board, said, "Jim took over the company during an extremely challenging period, both for IKON and for the industry. During his tenure, he successfully transformed IKON from a holding company of many separate businesses to the profitable and integrated operating company that it is today. He set clear strategies to leverage new market opportunities and substantially improve operations. The consistency of IKON's strategic direction and solid execution has gained recognition with customers, the industry and investment community. Under his direction, IKON reduced its cost structure, established financial discipline, and invested in new market opportunities. We look forward to Jim's continued leadership and to working with him through what we are sure will be a smooth, stable transition." Mr. Forese, 66, joined IKON in January 1996 as Executive Vice President and Chief Operating Officer after a successful 36-year career at IBM Corporation. In January 1997, he became Executive Vice President and President of International Operations and was appointed President and CEO in July 1998. Mr. Forese was elected to the additional position of Chairman in May 2000. IKON Office Solutions is one of the world's leading providers of products and services that help businesses communicate. IKON provides customers with total business solutions for every office, production and outsourcing need, including copiers and printers, color solutions, distributed printing, facilities management, imaging and legal document solutions, as well as network design and consulting, and e-business development. IOS Capital, LLC, a wholly owned subsidiary of IKON, provides lease financing to customers and is one of the largest captive finance companies in North America. With Fiscal 2001 revenues of $5.3 billion, IKON has approximately 600 locations worldwide including the United States, Canada, Mexico, the United Kingdom, France, Germany, Ireland and Denmark. # # # -----END PRIVACY-ENHANCED MESSAGE-----