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): November 14, 2006
Paxar Corporation
(Exact name of registrant as specified in its charter)
New York 1-9493 13-5670050
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
105 Corporate Park Drive
White Plains, New York 10604
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (914) 697-6800
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; Compensatory Arrangements of
Certain Officers.
On November 14, 2006, Paxar Corporation appointed James Wrigley, 52, the current
President of our EMEA (Europe, Middle East and Africa) business unit, as Group
President of our newly created Global Apparel Solutions Division. In addition,
we appointed James L. Martin, 59, the current President of our Bar Code Pricing
Solutions Group, as President of our newly created Global Supply Chain Solutions
Division.
Messrs. Wrigley and Martin will continue to be employed as at-will employees of
Paxar under their existing compensation arrangements until such time as
compensation and benefits are adjusted for other similarly situated executives.
Information about Mr. Wrigley's and Mr. Martin's positions with Paxar and prior
employment experience that is required by this Form 8-K is set forth in Item 1
of our Annual Report on Form 10-K for 2005 and is hereby incorporated herein by
reference.
Item 7.01. Regulation FD Disclosure.
On November 15, 2006, we issued a press release announcing our financial goals
for 2008 and the reorganization of our management structure into the Global
Apparel Solutions and the Global Supply Chain Solutions divisions in early 2007.
We also announced expanded roles for two of our officers, discussed above under
Item 5.02.
A copy of the press release in connection with the above disclosures is
furnished as Exhibit 99.1 to this Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits
Exhibit No. Description
----------- -----------
99.1 Press Release issued by Paxar Corporation on November
15, 2006.
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.
PAXAR CORPORATION
(Registrant)
Date: November 17, 2006 By: /s/ Robert S. Stone
----------------------------------
Robert S. Stone
Vice President, General Counsel
and Secretary
Exhibit Index
Exhibit No. Description
----------- -----------
99.1 Press Release issued by Paxar Corporation on November
15, 2006.