SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
FORM 8-K
AMENDMENT TO 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 21, 2002
Checkpoint Systems, Inc.
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(Exact name of registrant as specified in its charter)
Pennsylvania
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(State or other jurisdiction of incorporation or organization)
1-11257 22-1895850
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(Commission File Number) (I.R.S. Employer Identification No.)
101 Wolf Drive, P.O. Box 188, Thorofare, New Jersey 08086
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(Address of principal executive offices)
(856) 848-1800
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(Registrant's telephone number, including area code)
N/A
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(Former name or address, if changed since last report)
Item 5. Other Events
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On November 21, 2002, the Company elected Robert O. Aders,
John E. Davies, Jr., and Sally Pearson to the Company's Board of Directors.
Item 7. Financial Statements and Exhibits
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1. Exhibits
Press release dated November 25, 2002.
Signature
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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.
Date: November 25, 2002
Checkpoint Systems, Inc.
/s/ George W. Off
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George W. Off
Chairman and Chief Executive Officer
EXHIBIT INDEX
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EXHIBIT NO. DESCRIPTION OF EXHIBITS
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99.1 Press release dated November 25, 2002.
COMPANY CONTACT:
Checkpoint Systems, Inc.
Neil D. Austin
Vice President, General Counsel
and Secretary
(856) 384-2412
INVESTOR RELATIONS CONTACT:
Christine Mohrmann, Marco Lima,
Lindsay Hatton
FD Morgen-Walke
(212) 850-5600
PRESS CONTACT:
Scott Hoffman, Jason Rando
FOR IMMEDIATE RELEASE FD Morgen-Walke
(212) 850-5600
CHECKPOINT SYSTEMS, INC. APPOINTS THREE NEW DIRECTORS
TO THE COMPANY'S BOARD OF DIRECTORS
THOROFARE, NJ, November 25, 2002 - Checkpoint Systems, Inc., (NYSE:CKP), today
announced the appointment of Sally Pearson, Robert O. Aders and John E. Davies
to its Board of Directors. With these additions, Checkpoint Systems' Board of
Directors now has nine members, and is comprised of six outside independent
directors and three inside directors.
Ms. Pearson is Vice President and General Manager of Merchandise and Retail for
the Metropolitan Museum of Art in New York. Ms. Pearson previously was President
of Liz Claiborne Specialty Stores and also served as Executive Vice President of
Merchandising at a division of Limited, Inc. and Senior Vice President and
General Manager of Women's Apparel at Saks Fifth Avenue. She also held various
management positions with Federated Department Stores over a twenty-four year
period. Ms. Pearson serves on the Advisory Board for Kent State Fashion Council,
Kent State University.
Mr. Aders is Chairman of The Advisory Board, Inc., an international consulting
organization. He is also a member of the Board and President Emeritus of the
Food Marketing Institute where he served as CEO from its founding in 1976
until 1993. Mr. Aders was Acting Secretary of Labor under President Ford
during 1975 and 1976. From 1957 to 1974 Mr. Aders held a number of executive
positions in the Kroger Co. serving as Chairman of the Board from 1970 to 1974.
He is a director of Source -Interlink, Spar Marketing, Inc., SureBeam
Corporation and Telepanel Systems. Mr. Aders previously served on the
Checkpoint Board from 1994 until his retirement in 1999.
Mr. Davies is Executive Vice President of Checkpoint with responsibility for
sales and marketing in the United States, International Americas and Asia
Pacific. Mr. Davies has held a number of senior positions with the Company since
1992, including Executive Vice President, Worldwide Operations and Vice
President Research and Development.
"These appointments bring added expertise and experience to our Board of
Directors," commented George W. Off, Chairman and Chief Executive Officer. "Ms.
Pearson's extensive background in apparel retailing is a welcome addition to our
continuing focus in this area. I am pleased to welcome back Bob Aders who served
on the Board for five years. Bob's broad experience in international retailing
will be invaluable. John Davies, with his technical capabilities and new
responsibilities, provides the Board with an insightful perspective on
Checkpoint's operations."
Checkpoint Systems, Inc. is a multinational company that manufactures and
markets labeling systems designed to improve efficiency, reduce costs and
provide value-added label solutions for customers across many markets and
industries. Checkpoint is a leading provider of EAS and RFID systems, source
tagging, barcode labeling systems, hand-held labeling systems and retail
merchandising systems. Applications include automatic identification, retail
security and pricing and promotional labels. Operating directly in 30 countries,
Checkpoint has a global network of subsidiaries and provides professional
customer service and technical support around the world. Checkpoint Systems,
Inc.'s web site is located at www.checkpointsystems.com.
Safe Harbor Statement
This press release may include information that could constitute forward-looking
statements made pursuant to the safe harbor provision of the Private Securities
Litigation Reform Act of 1995. Any such forward-looking statements may involve
risk and uncertainties that could cause actual results to differ materially from
any future results encompassed within the forward-looking statements. Factors
that could cause or contribute to such differences include those matters
disclosed in the Company's Security and Exchange Commission filings.
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