SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934 Date of Report (Date of earliest event reported): July 1, 1999 JPE, INC. (d/b/a ASCET INC) (Exact name of registrant as specified in its charter) MICHIGAN (State or Other Jurisdiction of Incorporation) 0-22580 38-2958730 (Commission File No.) (IRS Employer Identification No.) 30400 Telegraph Road, Suite 401 Bingham Farms, Michigan 48025 (Address of Principal Executive Offices) (Zip Code) (248) 723-5531 (Registrant's Telephone Number, Including Area Code) Item 5 Other Events On July 1, 1999, Richard R. Chrysler was named to the position of Vice Chairman of JPE, Inc. (d/b/a ASCET INC), the "Company". Mr. Chrysler previously served as President and Chief Executive Officer of the Company. The press release of the Company announcing this management change is attached. Item 7 Financial Statements and Exhibits Press Release July 1, 1999 (Exhibit 20). 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. JPE, INC. (d/b/a ASCET INC) Date: July 13, 1999 /s/ Karen A. Radtke -------------------------------------------- Karen A. Radtke Secretary and Treasurer Exhibits Index EXHIBIT NUMBER DESCRIPTION 20 Press Release dated July 1, 1999