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):August 20, 2007
PSS WORLD MEDICAL, INC.
(Exact name of Registrant as specified in its charter)
Commission File Number: 0-23832
| Florida | 59-2280364 | |
| (State or other jurisdiction | (IRS Employer | |
| of incorporation or organization) | Identification Number) | |
| 4345 Southpoint Blvd. | ||
| Jacksonville, Florida | 32216 | |
| (Address of principal executive offices) | (Zip code) | |
| Registrant’s telephone number, including area code | (904) 332-3000 | |
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 (see General Instruction A.2. below):
¨ 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 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Compensation of Executive Officers
On August 20, 2007, the Compensation Committee of the Board of Directors approved the following increases in annual base salary for certain of the executive officers as described in the table below:
Name | Executive Position | Fiscal Year 2008 Base Salary | |||
David A. Smith | Chairman and Chief Executive Officer | $ | 755,000 | ||
David M. Bronson | Executive Vice President and Chief Financial Officer | $ | 360,000 | ||
Gary A. Corless | Executive Vice President and Chief Operating Officer | $ | 422,000 | ||
John F. Sasen, Sr. | Executive Vice President and Chief Marketing Officer | $ | 333,000 | ||
Bradley J. Hilton | Senior Vice President of Operations | $ | 250,000 | ||
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.
Date: August 20, 2007
| PSS WORLD MEDICAL, INC. | ||
| By: | /s/ David M. Bronson | |
Name: David M. Bronson Title: Executive Vice President and Chief Financial Officer | ||