SECURITIES AND EXCHANGE COMMISSION

                                Washington, D.C.


                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15 (d) OF THE

                       SECURITIES AND EXCHANGE ACT OF 1934

                                November 22, 2000
                     ---------------------------------------
                Date of report (Date of Earliest Event Reported)

                          DYNAMIC MATERIALS CORPORATION
                   ------------------------------------------
               (Exact Name of Registrant as Specified in Charter)

DELAWARE                              08328                   84-0608431
(State or Other                   (Commission                 (IRS Employer
Jurisdiction of                   File Number)                Identification
Incorporation)                                                Number)

                551 Aspen Ridge Drive, Lafayette, Colorado 80026
                 ----------------------------------------------
              (Address of Principal Executive Offices and Zip Code)


                                 (303) 665-5700
                   ------------------------------------------
               Registrant's telephone number, including area code

                                 Not Applicable

             -------------------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)



Item 5. OTHER EVENTS

     On November 21, 2000, the Registrant  issued a press release with regard to
the  election  of Yvon Pierre  Cariou to the  position  of  President  and Chief
Executive Officer of the Registrant, and the resignation of Bernard Fontana from
that position, attached hereto as Exhibit 99.1.

Item 7. FINANCIAL STATEMENTS AND EXHIBITS

     (c)  Exhibits

EXHIBIT NO.                  DESCRIPTION

    99.1        Press release dated November 21, 2000



                                   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, thereunto duly authorized.

                                  DYNAMIC MATERIALS CORPORATION

                                  By:     /s/ Richard A. Santa
                                       -----------------------
                                  Name:    Richard A. Santa
                                  Title:   Vice President - Chief Operating and
                                           Chief Financial Officer

November 22, 2000



                                Index to Exhibits

NUMBER                       DESCRIPTION

    99.1        Press release dated November 21, 2000