-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GTOaaKvyXCAaWXWHzvqjbXJddF2OscqR3P4eUOqZDrhmNX5+sllWnJOyNq2KFvWM Q3WgOWsilf4ZWrHsauH3pA== 0000732713-05-000196.txt : 20050929 0000732713-05-000196.hdr.sgml : 20050929 20050929160427 ACCESSION NUMBER: 0000732713-05-000196 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050926 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050929 DATE AS OF CHANGE: 20050929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BELLSOUTH CORP CENTRAL INDEX KEY: 0000732713 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 581533433 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08607 FILM NUMBER: 051111442 BUSINESS ADDRESS: STREET 1: 1155 PEACHTREE ST NE STREET 2: ROOM 15G03 CITY: ATLANTA STATE: GA ZIP: 30309-3610 BUSINESS PHONE: 4042492000 MAIL ADDRESS: STREET 1: 1155 PEACHTREE STREET NE CITY: ATLANTA STATE: GA ZIP: 30309-3610 8-K 1 form8k092605.txt UNITED STATES 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): September 26, 2005 BellSouth Corporation - -------------------------------------------------------------------------------- (Exact Name of Registrant as Specified in Its Charter) Georgia - -------------------------------------------------------------------------------- (State or Other Jurisdiction of Incorporation) 1-8607 58-1533433 - -------------------------------------------------------------------------------- (Commission File Number) (IRS Employer Identification No.) Room 15G03, 1155 Peachtree Street, N. E., Atlanta, Georgia 30309-3610 - -------------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) (404) 249-2000 - -------------------------------------------------------------------------------- (Registrant's Telephone Number, Including Area Code) - -------------------------------------------------------------------------------- (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)) Item 1.01. Entry Into a Material Definitive Agreement As described below, Mr. Ronald M. Dykes, BellSouth Corporation's Chief Financial Officer, will retire from the Company effective at the end of 2005. The Executive Nominating and Compensation Committee (the "Committee") of the BellSouth Board of Directors, which has been engaged in succession planning, concluded that Mr. Dykes' successor was ready to assume the duties of Chief Financial Officer and that Mr. Dykes' retirement at the end of 2005 would facilitate a smooth succession process. Therefore, the Committee and the Board of Directors determined that Mr. Dykes should receive the retirement benefits to which he would have been entitled under his May 19, 2003 agreement as if he had remained with the Company through 2006. Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers On September 26, 2005, Mr. Ronald M. Dykes, the Company's chief financial officer, announced his retirement from BellSouth Corporation, effective at the end of 2005. The Committee and the Board expressed appreciation for Mr. Dykes' 34 years of service and the positive impact he has had on BellSouth. On September 26, 2005, BellSouth's Board of Directors elected Mr. Pat Shannon as BellSouth's Chief Financial Officer effective January 1, 2006. Mr. Shannon, age 42, has served as BellSouth's Senior Vice President - Finance and Controller since January 1, 2005. He has financial responsibility for the corporation's wireline and advertising & publishing businesses, as well as corporate-wide responsibility for financial planning and accounting. He has served as the corporation's principal accounting officer since joining the company in 1997. From January 2002 to December 2003, he had additional responsibilities as chief financial officer of our domestic operations and, from September 2000 to December 2001, he had additional responsibilities overseeing supply chain management. Item 9.01. Financial Statements and Exhibits (c) Exhibits Exhibit No. 99a Press Release dated September 27, 2005. SIGNATURE 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 thereunto duly authorized. BELLSOUTH CORPORATION By: /s/ Pat Shannon --------------- Pat Shannon Senior Vice President - Finance and Controller September 29, 2005 EX-99 2 form8k092605ex99a.txt EXHIBIT 99A MEDIA CONTACT: Jeff Battcher BellSouth Corporation 404-249-2793 Jeff.Battcher@BellSouth.com Dykes Announces Retirement Shannon Named Chief Financial Officer ATLANTA - September 27, 2005 - BellSouth's (NYSE: BLS) Chief Financial Officer, Ron Dykes, announced today that he will retire at the end of this year, concluding a career at the communications company that has spanned 34 years. After completing his service with the U.S. Army as an officer in the Signal Corps, Dykes joined Southern Bell, where he held a series of positions of increasing responsibility in network operations and network planning and engineering. He was elected a corporate officer in 1988 when he became vice president of finance for BellSouth Enterprises. He was named chief financial officer of BellSouth Corporation in 1995. "Ron's unique combination of operations experience and financial acumen gave him insight and expertise that were key to BellSouth's financial strength," said Duane Ackerman, chairman and chief executive officer. "If you were going to define the quintessential CFO, it would be Ron Dykes." Among his many contributions, Dykes played a major role in the formation of Cingular Wireless, the nation's largest wireless company. He is chairman of Cingular's board of directors. He has also been active in the Atlanta community, serving on the board of trustees of St. Joseph's Health System. Dykes, 58, earned his bachelor's degree in electrical engineering from Auburn University and an MBA in management from Emory University. He also earned an MS in management from Stanford University, where he was a Sloan Fellow. His honors include induction into the Alabama Engineering Hall of Fame. He is also a member of the Auburn University Electrical Engineering Industrial Advisory Board. Well respected in the financial community, Dykes created a top-flight finance organization which has successfully navigated the changing world of telecom. Pat Shannon will succeed Dykes as BellSouth's chief financial officer. Shannon, 42, began his career at Bellsouth in 1997 as vice president-finance and controller. Most recently he has served as senior vice president of finance. Shannon, a certified public accountant, earned his bachelor of science degree in business administration from the University of Georgia. "We are fortunate to have someone with Pat's qualifications ready to step into this role," Ackerman said. "He has had an active role in all of BellSouth's major activities over the last few years." About BellSouth Corporation BellSouth Corporation is a Fortune 100 communications company headquartered in Atlanta, Georgia. BellSouth has joint control and 40 percent ownership of Cingular Wireless, the nation's largest wireless voice and data provider with 51.6 million customers. Backed by award winning customer service, BellSouth offers the most comprehensive and innovative package of voice and data services available in the market. Through BellSouth Answers(R), residential and small business customers can bundle their local and long distance service with dial-up and high-speed DSL Internet access, satellite television and Cingular(R) Wireless service. For businesses, BellSouth provides secure, reliable local and long distance voice and data networking solutions. BellSouth also offers online and directory advertising through BellSouth(R) RealPages.com(R) and The Real Yellow Pages(R). BellSouth believes that diversity and fostering an inclusive environment are critical in maintaining a competitive advantage in today's global marketplace. More information about BellSouth can be found at http://www.bellsouth.com. -----END PRIVACY-ENHANCED MESSAGE-----