UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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): OCTOBER 1, 2004
CHYRON CORPORATION
(Exact Name of Registrant as Specified in its Charter)
NEW YORK 1-9014 11-2117385
(State or Other (Commission File Number) (I.R.S. Employer
Jurisdiction Identification
of Incorporation) No.)
5 HUB DRIVE
MELVILLE, NEW YORK 11747
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (631) 845-2000
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ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF
DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS
Effective October 1, 2004, Chyron Corporation (the "Company") has promoted Kevin
Prince, age 49, to the position of Senior Vice President, Operations, with
responsibility for Engineering, Manufacturing, Quality Control, Test, Technology
Strategy and New Product Development. The VP of Manufacturing and Engineering,
Chief Technology Officer and Chief Product Officer will report to Mr. Prince.
Mr. Prince joined the Company on July 27, 2004 as VP, Strategic Marketing. Prior
to joining the Company, he was employed by Pinnacle Systems, Inc., where during
the past five years he held the following positions. From March 2003 to July
2004, he was Director of Product Planning (Graphics), and was responsible for
graphics product planning and marketing. From July 2001 to March 2003 he was
Business Manager of the Vortex Group, and was responsible for development,
quality assurance, systems installations, service support and sales support for
the Vortex product. From April 1997 to June 2001 he was Business Manager of the
Deko Group and was responsible for the Deko Group revenues, product marketing,
product specification and release plan, presentation and training.
In his new role as SVP, Operations, Mr. Prince's compensation will be increased
to an annual base salary of $150,000 and he will continue to receive full
participation in the Company's standard benefit plans. He does not have an
employment agreement with the Company.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report on Form 8-K to be signed on its
behalf by the undersigned hereunto duly authorized.
CHYRON CORPORATION
By: /s/ Jerry Kieliszak
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Name: Jerry Kieliszak
Title: Senior Vice President and
Chief Financial Officer
Date: October 1, 2004