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)
April 12, 2005
Continental Global Group, Inc.
(Exact name of Registrant as specified in its charter)
Delaware 333-27665 31-1506889
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(State or other jurisdiction of (Commission (IRS Employer
incorporation or organization) File Number) Identification No.)
Co-Registrants and Subsidiary Guarantors
Continental Global Group, Inc. Delaware 34-1603197
Goodman Conveyor Company Delaware 34-1603196
Continental Global Continental Conveyor & Goodman Conveyor
Group, Inc. Equipment Company Company
438 Industrial Drive 438 Industrial Drive Route 178 South
Winfield, Alabama 35594 Winfield, Alabama 35594 Belton, South Carolina 29627
(205) 487-6492 (205) 487-6492 (864) 338-7793
(Address of Registrant's and Co-Registrant's principal executive offices)
Registrant's telephone number, including area code: (205) 487-6492
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.
On April 8, 2005, Robert W. Hale, the President and Chief Executive Officer of
the Company delivered notice of resignation to the Board of Directors effective
April 30, 2005. Continental Global Group's Board of Directors has appointed Wes
McDonald, Vice Chairman of Continental Global Group as the interim President and
Chief Executive Officer beginning May 1, 2005, until a successor candidate is
identified.
Item 7.01 Regulation FD Disclosure.
On April 12, 2005, Continental Global Group, Inc. announced the resignation of
Robert W. Hale from the offices of President and Chief Executive Officer of the
Company effective April 30, 2005. Continental Global Group's Board of Directors
has appointed Wes McDonald, Vice Chairman of Continental Global Group as the
interim President and Chief Executive Officer beginning May 1, 2005, until a
successor candidate is identified. Please see Exhibit attached.
Exhibit No. Exhibit
99 Press Release dated April 12, 2003, from Continental
Global Group, Inc. announcing the President/CEO Resignation
SIGNATURE
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.
Continental Global Group, Inc.
-----------------------------
(Registrant)
Date: April 12, 2005 /s/ J. L. Dickinson
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J. L. Dickinson
Vice President and Chief Financial Officer
Exhibit 99
PRESS RELEASE
FOR IMMEDIATE RELEASE
Continental Global Group's President/CEO Announces Resignation
Winfield, Alabama, April 12, 2005
Continental Global Group, Inc. announced today that Mr. Robert W. Hale
will resign his position as President and CEO of the Company effective April 30,
2005. Mr. Hale plans to establish a housing development venture to build
numerous new home sites beginning with tracts of land currently owned by Mr.
Hale.
Mr. Hale commented, "I have enjoyed working with the Board of
Directors, the Senior Management Team and the Company's employees."
Continental Global Group's Board of Directors has appointed Wes
McDonald, Vice Chairman of the Company. Wes McDonald will also serve as interim
President and CEO beginning May 1, 2005, until a successor candidate is
identified.
Mr. McDonald served as Executive Vice President of Operations for
Consolidated Coal from 1985 through 1999. Mr. McDonald retired in 1999 and has
served on the Continental Global Board since August, 2000. Robert Tomsich,
Chairman of Continental Global commented, "We appreciate Bob Hale's contribution
to Continental's success and wish him well in his future endeavors. Wes McDonald
is very familiar with Continental's global businesses and brings a wealth of
management experience to his new role from his many years with Consolidated
Coal."
Continental Global Group, Inc. is a leading international company which
designs, manufactures and distributes bulk materials handling conveyor systems
and components and provides services to the mining industry from operations in
Alabama, Kentucky, Georgia, South Carolina, Colorado, Australia, The U.K. and
South Africa.