SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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 19, 2003
FLEETWOOD ENTERPRISES, INC.
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(Exact Name of Registrant as Specified in its Charter)
Delaware 1-07699 95-1948322
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(State or Other (Commission File (IRS Employer
Jurisdiction of Number) Identification
Incorporation) Number)
3125 Myers Street, Riverside, California 92503-5527
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (909) 351-3500
N/A
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(Former Name or Former Address, if Changed Since Last Report)
Item 5. Other Items.
On November 19, 2003, Fleetwood Enterprises, Inc. issued a press release
relating to a change in senior management. The text of the press release is
reproduced immediately below.
FLEETWOOD ANNOUNCES SENIOR MANAGEMENT CHANGE
Riverside, Calif., November 19, 2003 - Fleetwood Enterprises, Inc.
(NYSE:FLE), the nation's leader in recreational vehicle sales and a leading
producer and retailer of manufactured housing, announced today that Charles
A. Wilkinson, 62, formerly executive vice president - chief operating
officer, is no longer with the Company. There are no plans to fill this
position, and the senior vice presidents who lead the RV, Manufactured
Housing and Supply Subsidiary groups will now report directly to Edward B.
Caudill, president and chief executive officer.
"We are grateful to Chuck for his many contributions that helped to bring
Fleetwood to this point in its progress toward financial health and sustained
profitability," said Caudill. "During his 17-year tenure, Chuck was
instrumental in improving manufactured housing operations and, more recently,
implementing change throughout the RV Group after assuming that additional
responsibility in 2001.
"The pace of change at Fleetwood continues to accelerate," Caudill continued.
"We feel confident that Fleetwood's exceptionally strong management team will
work together to build on Chuck's efforts and drive our strategic growth
initiatives."
This press release contains certain forward-looking statements and
information based on the beliefs of Fleetwood's management as well as
assumptions made by, and information currently available to, Fleetwood's
management. Such statements reflect the current views of Fleetwood with
respect to future events and are subject to certain risks, uncertainties,
and assumptions, including risk factors identified in Fleetwood's 10-K and
other SEC filings. These risk factors include, without limitation, the
cyclical nature of both the manufactured housing and recreational vehicle
industries; ongoing weakness in the manufactured housing market; the
potential impact on demand for our products as a result of weak consumer
confidence; the effect of global tensions on consumer confidence; continued
acceptance of the Company's products; expenses and uncertainties associated
with the introduction of new products; the future availability of
manufactured housing retail financing, as well as housing and RV wholesale
financing; changes in retail inventory levels in the manufactured housing
and recreational vehicle industries; competitive pricing pressures; the
ability to attract and retain quality dealers, executive officers and other
personnel; and the ability to obtain the financing we need in order to
execute our business strategies. Actual results, events and performance may
differ materially. Readers are cautioned not to place undue reliance on
these forward-looking statements, which speak only as of the date hereof.
Fleetwood undertakes no obligation to release publicly the result of any
revisions to these forward-looking statements that may be made to reflect
events or circumstances after the date hereof or to reflect the occurrence
of unanticipated events.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this current report to be signed on its behalf by
the undersigned hereunto duly authorized.
FLEETWOOD ENTERPRISES, INC.
Date: November 20, 2003 By: /s/ Leonard J. McGill
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Leonard J. McGill
Senior Vice President-Corporate Finance,
Chief Governance Officer