Playboy Enterprises 8-K 2007
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 30, 2007
Playboy Enterprises, Inc.
(Exact name of registrant as specified in its charter)
680 North Lake Shore Drive, Chicago, Illinois 60611
(Address of principal executive offices) (Zip Code)
Registrants telephone number, including area code: (312) 751-8000
(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:
Section 5Corporate Governance and Management
On April 30, 2007, Donald G. Drapkin resigned from the Board of Directors of Playboy Enterprises, Inc. (Playboy), effective immediately, in connection with his appointment as a Vice Chairman of Lazard International and Chairman of the Investment Committee of Lazard Ltd. As a member of Playboys board since 1997 and a member of the compensation committee, Mr. Drapkin provided invaluable expertise and guidance to the company. Playboy appreciates Mr. Drapkins service and wishes him continued success in his future endeavors.
With Mr. Drapkins resignation, Playboys board now has eight members. In addition, there are now eight nominees for director at the companys 2007 Annual Meeting of Stockholders to be held on May 23, 2007. The proxy cards released with Playboys 2007 proxy statement remain effective and the shares represented by those proxy cards will be voted in accordance with the stockholders instructions with respect to these eight nominees.
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.
Finance and Operations, and
Chief Financial Officer