UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 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): MARCH 24, 2003 PRIVATEBANCORP, INC. (Exact Name of Registrant as Specified in its Charter) ____________________________ DELAWARE 000-25887 36-3681151 (State or other jurisdiction (Commission file number) (I.R.S. employer of incorporation) identification no.) TEN NORTH DEARBORN CHICAGO, ILLINOIS 60602 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (312) 683-7100 NOT APPLICABLE (Former name or former address, if changed since last report) ITEM 5. OTHER EVENTS. ------------ On March 24, 2003, PrivateBancorp, Inc. (the "Company") announced that Dennis Klaeser has been named Chief Financial Officer of the Company, and CFO and Managing Director of The PrivateBank and Trust Company, the Company's banking subsidiary, effective April 7, 2003. Attached as Exhibit 99.1 is a copy of the press release, which is incorporated herein by reference. ITEM 7(c). EXHIBITS. -------- Exhibit 99.1 Press Release dated March 24, 2003. 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. PRIVATEBANCORP, INC. Date: March 24, 2003 By: /s/ Ralph B. Mandell ------------------------------------ Ralph B. Mandell Chairman of the Board, President and Chief Executive Officer INDEX TO EXHIBITS ----------------- Exhibit ------- 99.1 Press Release dated March 24, 2003.