SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
October 13, 2000
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IFCO SYSTEMS N.V.
(Translation of registrant's name into English)
"RIVIERSTAETE" AMSTELDIJK 166
1079 LH AMSTERDAM, THE NETHERLANDS
(Address of principal executive offices)
______________
(Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.)
Form 20-F X Form 40-F _________
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(Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.)
Yes _________ No X
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(If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82- N/A.)
AD HOC DISCLOSURE
The ad hoc disclosure filed by the registrant with the Frankfurt Stock
Exchange on October 13, 2000, regarding the appointment of a new member of
management of the registrant, is attached to this report as Appendix A.
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.
IFCO SYSTEMS N.V.
(Registrant)
Date: October 24, 2000 By: /s/ Edward E. Rhyne
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Edward E. Rhyne
Executive Vice President and General Counsel
APPENDIX A
IFCO Systems N.V. appoints Michael W. Nimtsch new global Chief Financial Officer
IFCO Systems N.V. announced today that it has appointed Michael W. Nimtsch (43)
as the new global Chief Financial Officer (CFO) and as a member of the
Management Board. Mr. Nimtsch is located in IFCO Systems' Munich-Pullach offices
and is responsible for finance, financial reporting and controls and investor
relations. With that, IFCO Systems has established the central contact person
for investors and analysts in Europe.
Before joining IFCO Systems, Mr. Nimtsch served as chief financial officer of
ETG J. Froschl & Co. GmbH & Co. KG, an electrical infrastructure materials
supplier. During Mr. Nimtsch's tenure with this company, its sales increased
from $203 million (1991) to $1.1 billion (2000).
IFCO Systems' former Chief Financial Officer, Vance Maultsby, has been appointed
Senior Executive Vice President - Corporate Finance and will have responsibility
for growth financing and mergers and acquisitions. As first priority, this
ensures the best sale of the company's U.S. pallet manufacturing business, a
consequence of IFCO Systems' new strategic alignment to a pure service provider.
Mr. Nimtsch's appointment completes IFCO Systems' management team and concludes
six months of successful integration following the acquisition of PalEx. The
company's management will now be entirely focused on operational growth.
Munich/Houston, on 13 October 2000
Executive Management
Please direct your questions/queries to:
german communications dbk AG IFCO Systems
Jorg Bretschneider Michael W. Nimtsch
Holzdamm 28-32, 20099 Hamburg, Zugspitzstr. 15, 82049 Pullach
Tel.: 040/46 88 33-0, Fax: 040/47 81 80 Tel.: 089/74491-201. Fax: -299