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 1, 2007
CALTON, INC.
(Exact name of registrant as specified in its charter)
NEW JERSEY 1-8846 22-2433361
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification Number)
2050 40TH AVENUE, SUITE ONE
VERO BEACH, FLORIDA 32960
(Address of principal executive offices, including zip code)
Registrant's telephone number, including area code: (772) 794-1414
(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 (see General Instruction A.2. below):
[ ] 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))
SECTION 5 CORPORATE GOVERNANCE AND MANAGEMENT
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ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF PRINCIPAL OFFICERS
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Calton, Inc. (the "Company" or "Calton") has announced that its Board of
Directors has elected Vicky Savage as Vice President, Acting Chief Financial
Officer and Treasurer for the Company, effective March 1, 2007.
Ms. Savage will be responsible for the day-to-day financial operations of the
Company and its subsidiaries. She has served as Accounting Manager for the
Company from December 2001 through February of 2007. From June of 2000 until
November of 2001, she held the positions of Accountant, Finance Manager and
Controller of the Company's subsidiary, eCalton.com, Inc., which sold its
business in July 2006. Prior to June of 2000, Ms. Savage was Accounting
Supervisor at Central Rural Electric Cooperative in Stillwater, Oklahoma.
The Board of Directors also announced that Ms. Savage will be the Company's
principal financial and accounting officer, replacing Laura A. Camisa, whose
affiliation with the Company terminated on February 28, 2007.
SIGNATURES
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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.
Calton, Inc.
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(Registrant)
By: /s/ Anthony J. Caldarone
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Anthony J. Caldarone
Chairman, President and CEO
Dated: March 1, 2007