UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): May 18, 2005
IDS LIFE INSURANCE COMPANY
(Exact name of registrant as specified in its charter)
Minnesota 333-114888 41-0823832
- ---------------------------- ------------------------ -------------------
(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation or Identification No.)
organization)
829 AXP Financial Center
Minneapolis, Minnesota 55474
---------------------------------------- ----------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (612) 671-3131
None
---------------------------------------------------
(Former name or 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 (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 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.
On May 18, Arthur H. Berman resigned his position as Executive Vice President -
Finance of the Company. Mr. Berman resigned to assume the role of Senior Vice
President and Treasurer of American Express Financial Advisors, Inc. and
American Express Financial Corporation and not due to any disagreements with the
Board, auditors or officers of the Company. In the interim period, Jeryl A.
Millner will assume the role of Executive Vice President - Finance of the
company until the board of the Company can appoint a new Executive Vice
President - Finance. Mr. Berman will continue to serve upon the board of the
Company.
Ms. Millner, 46, has served as Vice President and Controller of the Company from
2003-2004 and as Vice President and Lead Financial Officer, Insurance, Annuities
and Certificates, of American Express Financial Corporation from 2003-2005. Ms.
Millner worked for ING Group as Second Vice President and Controller - U.S. Life
Group from 2000-2002 and for ReliaStar Financial Corp as Second Vice President
and Controller-ReliaStar Life and Annuity from 1999-2000.
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 hereunto duly authorized.
IDS LIFE INSURANCE COMPANY
(REGISTRANT)
By /s/ Timothy V. Bechtold
--------------------------
Name: Timothy V. Bechtold
Title: Director and President
DATE: May 23, 2005