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): JUNE 19, 1998
Breed Technologies, Inc.
------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 1-11474 22-2767118
- ------------------------ ------------------------ ---------------------------------
(State of incorporation) (Commission File Number) (IRS Employer Identification No.)
5300 Old Tampa Highway 33811
Lakeland, Florida ----------
- ---------------------------------------- (Zip Code)
(Address of principal executive offices)
Registrant's telephone number, including area code: (941) 668-6000
-------------------------------------------------------------
(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS.
On June 19, 1998, Mr. Fred Musone resigned as President, Chief Operating
Officer and a member of the Board of Directors of Breed Technologies, Inc. (the
"Company"). Mr. Musone's resignation was not due to any disagreement with the
Company on any matter relating to the Company's operations, policies or
practices, but, rather, for personal reasons. Mr. Charles J. Speranzella, Jr.
was elected to succeed Mr. Musone as President and Chief Operating Officer
of the Company at a meeting of the Board of Directors of the Company held on
June 19, 1998. The vacancy left on the Company's Board of Directors as a result
of Mr. Musone's resignation has not yet been filled.
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.
Date: June 24, 1998
BREED TECHNOLOGIES, INC.
By: /s/ Frank J. Gnisci
-------------------------------
Frank J. Gnisci
Executive Vice President and
Chief Financial Officer