SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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, 2004
AVALON HOLDINGS CORPORATION
(Exact Name of Registrant as Specified in its Charter)
Ohio | 1-14105 | 34-1863889 | ||
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
One American Way, Warren, Ohio 44484
(Address of Principal Executive Offices) (Zip Code)
Registrants telephone number, including area code: (330) 856-8800
(Former name and address, if changed since last report)
There are no exhibits
AVALON HOLDINGS CORPORATION
Cross Reference Sheet showing location in Current Report of Information Required Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Current Report Item |
Caption in Current Report | |||
Item 1. |
Changes in Control of Registrant |
Not Applicable | ||
Item 2. |
Acquisition or Disposition of Assets |
Not Applicable | ||
Item 3. |
Bankruptcy or Receivership |
Not Applicable | ||
Item 4. |
Changes in Registrants Certifying Accountant |
Not Applicable | ||
Item 5. |
Other Events |
Ted Wesolowskis resignation as President and Chief Executive Officer | ||
Item 6. |
Resignations of Registrants Directors |
Not Applicable | ||
Item 7. |
Financial Statements and Exhibits |
Not Applicable | ||
Item 8. |
Change in Fiscal Year |
Not Applicable |
2
ITEM 5. Other Events
Ted Wesolowski, President and Chief Executive Officer of Avalon Holdings Corporation (the Company) announced today that he would be resigning his position effective March 15, 2004 stating: I was brought on board to assist with the strategic evaluation of our businesses. We have since divested our environmental consulting and remediation operations, and we have realigned our credit and collection policies to minimize exposure to bankruptcies and other payment concerns. We have also taken advantage of market opportunities to expand our involvement in the golf business. The Company is now in a much better position to focus its efforts on continued improvement of its remaining lines of business. I intend to stay actively involved with the Company after my departure, will continue to serve as a member of Avalons Board of Directors, and will be available to consult with management on an as needed basis. I am extremely grateful to Ron Klingle, our Chairman, and the members of our Board of Directors for having given me the opportunity to participate in shaping the future direction of the Company. Mr. Klingle stated: I want to thank Ted for his tremendous assistance to the Company. We will continue to rely on his advice as a member of the Board and wish him the best of luck in his future endeavors. Mr. Klingle will assume the position of Chief Executive Officer upon Mr. Wesolowskis departure.
3
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
AVALON HOLDINGS CORPORATION | ||
(Registrant) | ||
By: |
/s/ Timothy C. Coxson | |
Timothy C. Coxson | ||
Chief Financial Officer and Treasurer |
DATED: March 1, 2004
4