UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
PURSUANTTO SECTION 13OR 15(D)OFTHE
SECURITIES EXCHANGE ACTOF 1934
DATEOF REPORT (DATEOFEARLIESTEVENTREPORTED): March 7, 2006
SUNGARD® DATA SYSTEMS INC.
(Exact Name of Registrant as Specified in Charter)
DELAWARE | 1-12989 | 51-0267091 | ||
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
680 EAST SWEDESFORD ROAD, WAYNE, PENNSYLVANIA | 19087 | |
(Address of Principal Executive Offices) | (Zip Code) |
REGISTRANT’STELEPHONENUMBER,INCLUDINGAREACODE: 484-582-2000
Not Applicable
(Former Name and 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 March 7, 2006, Andrew P. Bronstein, Vice President and Controller (principal accounting officer) of SunGard Data Systems Inc. (the “Company”), notified the Company that he is resigning from his positions with the Company effective April 1, 2006. In accordance with the terms of the change in control agreement entered into between Mr. Bronstein and the Company, dated December 15, 2004, Mr. Bronstein will receive $3,081,767 from the Company. In addition, Mr. Bronstein will receive $979,269 in connection with excise taxes payable as a result of his separation payments.
Effective April 1, 2006, Karen M. Mullane will be elected Vice President and Controller and designated as the Company’s principal accounting officer. Ms. Mullane, 41, has been Vice President and Director of SEC Reporting since November 2005, Director of SEC Reporting from 2004 to November 2005 and Manager of SEC Reporting from 1999 to 2004. From 1997 to 1999, she was Vice President of Finance at NextLink Communications of Pennsylvania and, from 1994 to 1997, she was Director of Finance at EMI Communications. From 1986 to 1994, Ms. Mullane held various positions with Price Waterhouse, including audit manager.
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.
SUNGARD DATA SYSTEMS INC. | ||||
Date: March 8, 2006 | By: | /s/ Michael J. Ruane | ||
Michael J. Ruane | ||||
Senior Vice President-Finance and | ||||
Chief Financial Officer |