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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): FEBRUARY 10, 2006
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PRG-SCHULTZ INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
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GEORGIA 000-28000 58-2213805
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(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
600 GALLERIA PARKWAY, SUITE 100, ATLANTA, GEORGIA 30339-5949
(Address of principal executive office) (zip code)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (770) 779-3900
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(Former name or former address, if changed since last report)
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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))
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ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS: ELECTION OF DIRECTORS;
APPOINTMENT OF PRINCIPAL OFFICERS.
1. On February 10, 2006, James E. Moylan, Jr., tendered his immediate
resignation as the Company's Chief Financial Officer and Treasurer.
2. In accordance with Mr. Limeri's employment agreement, as previously
reported on the Company's 8-K filed November 11, 2005, the Board of
Directors of PRG-Schultz International, Inc. (the "Company") has appointed
Peter Limeri to serve as Chief Financial Officer and Treasurer of the
Company, effective upon the resignation of Mr. Moylan.
Prior to joining the Company in November 2005, Mr. Limeri served since May
2004 as Chief Financial Officer and Chief Operating Officer of Nationwide
Furniture Inc., a furniture retailer. Prior to his employment with
Nationwide Furniture, Mr. Limeri was the Chief Financial Officer of
Anderson Press, Inc., a global manufacturer and distributor of published
products. Before going to Anderson Press in December 1999, he was Vice
President-Finance of Cluett American, a global manufacturer and distributor
of apparel. Mr. Limeri is 40.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
PRG-Schultz International, Inc. has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
PRG-SCHULTZ INTERNATIONAL, INC.
Date: February 10, 2006 By: /s/ Clinton McKellar, Jr.
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Clinton McKellar, Jr.
General Counsel and Secretary
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