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): NOVEMBER 22, 2006
DHB INDUSTRIES, INC.
______________________________________________________
(Exact name of registrant as specified in its charter)
DELAWARE 001-13112 11-3129361
________________________ ________________________ ______________________
(State of Incorporation) (Commission File Number) (IRS Employer
Identification Number)
2102 SW 2ND STREET, POMPANO BEACH, FLORIDA 33069
__________________________________________ __________
(Address of principal executive office) (Zip Code)
(954) 630-0900
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(Registrant's telephone number, including area code)
NOT APPLICABLE
______________________________________________
(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.
(d)
On November 22, 2006, the Board of Directors of DHB Industries, Inc.
(the "Company") elected David Bell and Maurice J. Hannigan as directors.
Mr. Bell is Chairman Emeritus of the Interpublic Group, a public
company and one of the world's leading organizations of advertising agencies and
marketing services companies, a position he has held since January 2005. Mr.
Bell was Chief Executive Officer of Interpublic from 2003 to 2005 and joined the
Company as Vice Chairman in 2001. Previously, Mr. Bell was Chairman and Chief
Executive Officer of True North Communications Inc., a public company, and prior
to that was President and CEO of Bozell Worldwide. He came to Bozell in 1975
when the agency acquired Knox Reeves Advertising, where he had been President
since 1972.
A member of the Ad Council's Board of Directors since 1997, Bell served
as its Chairman from June 2002 until May 2003. Bell also served as Chairman of
the American Association of Advertising Agencies in 1996-1997 and was a two-time
Chairman of the American Advertising Federation. He is currently Chairman of the
Advertising Educational Foundation and of PRO-AD PAC, the industry's Political
Action Committee. Additionally, Mr. Bell serves on the Board of Directors of
Primedia Inc. and as an independent director for Warnaco Group, Inc., both
public companies. Mr. Bell is a graduate of Macalester College in St. Paul,
Minnesota and went on to become the college's youngest trustee. He received both
the Macalester College Distinguished Alumni Award and its Charter Centennial
Medallion.
Mr. Hannigan enjoyed a thirty-one year career with the California
Highway Patrol, holding a variety of positions, including the last 7 years as
Commissioner, before retiring in 1995. Since his retirement, Mr. Hannigan has
been involved in a number of academic and advisory programs and currently sits
on the Board of Directors of the National Executive Institute Associates of the
Federal Bureau of Investigation Academy in Quantico, Virginia. He is a member of
the Advocates for Highway Safety Committee, California Peace Officer's
Association and the State and Provincial Division of the International
Association of Chiefs of Police, where he served as Chairman from 1993-1995.
Mr. Hannigan also was Chairman of the NAFTA Law Enforcement
Sub-Committee of the U.S. Department of Transportation from 1993-1995, Chairman
of the 1988 U.S. Surgeon General's Workshop on Driving Under the Influence, Law
Enforcement Group and Chairman of the Occupant Restraint Committee, a Traffic
Safety Summit sponsored by the U.S. Secretary of Transportation. He holds a
Bachelor of Arts from Golden Gate University in the Administration of Justice
program, in addition to several other educational honors.
Concurrent with these two appointments, DHB Industries elected to
increase the Board of Directors from six to eight members, of which seven are
independent Directors.
Also on November 22, 2006, each of Messrs. Bell and Hannigan received,
in connection with his election to the Board of Directors, warrants to acquire
5,342 shares of the Company's common stock, which represents a pro rata portion
of the 2006 directors' compensation for the remainder of the year 2006. The
warrants are exercisable at $2.25, the closing price of the common stock on
November 22, 2006.
The press release issued by the Company on November 28, 2006 with
respect to the election of Messrs. Bell and Hannigan is filed herewith as
Exhibit 99.1.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
99.1 Press Release, dated November 28, 2006
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.
DHB INDUSTRIES, INC.
By: /s/ THOMAS C. CANFIELD
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Name: Thomas C. Canfield
Title: General Counsel & Secretary
Dated: November 28, 2006
EXHIBIT INDEX
99.1 Press Release, dated November 28, 2006.