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
May 9, 2005 (Date of earliest event reported)
MAGNETEK, INC.
(Exact Name of Registrant as Specified in its Charter)
DELAWARE 1-10233 95-3917584
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
10900 Wilshire Boulevard, Suite 850
Los Angeles, California 90024
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (310) 689-1610
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.
Resignation of Andrew G. Galef as President/CEO and Election of Thomas G. Boren
as President/CEO
On May 9, 2005, Andrew G. Galef stepped down as President and Chief Executive
Officer of Magnetek. Mr. Galef will continue to serve as Chairman of Magnetek's
Board of Directors, and will stand for reelection at the Company's 2005 annual
stockholders' meeting.
On May 9, 2005, the Board of Directors of Magnetek selected Thomas G. Boren, age
55, to serve as President and Chief Executive Officer of the Company. Mr. Boren
has been a Director of Magnetek since 1997 and will continue to serve as a
member of the Board of Directors. He has stepped down as Chairman of the
Nominating and Governance Committee and as a member of the Audit Committee. He
will stand for re-election to the Board at the Company's 2005 annual
stockholders' meeting.
Mr. Boren has held executive positions in the energy products and services
sector since 1980, most recently as Executive Vice President of PG&E Corporation
from August 1999 until December 2002. Prior to joining PG&E Corporation, Mr.
Boren was an Executive Vice President with Southern Company.
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.
MAGNETEK, INC.
By: /s/ David Reiland
-----------------------------
David Reiland
Executive Vice President
& Chief Financial Officer
May 12, 2005