8-K

                                  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): October 20, 2003

                         Commission File Number 1-14959

                                BRADY CORPORATION
             (Exact name of registrant as specified in its charter)


             Wisconsin                                   39-0971239
      (State of Incorporation)                 (IRS Employer Identification No.)


                            6555 West Good Hope Road
                           Milwaukee, Wisconsin 53223
              (Address of Principal Executive Offices and Zip Code)


                                 (414) 358-6600
                         (Registrant's Telephone Number)






Item 5.  OTHER EVENTS AND REGULATION FD DISCLOSURE.

On October 20, 2003, Brady Corporation (the "Company") issued a press release
announcing that David W. Schroeder, Senior Vice President and Chief Financial
Officer, has decided to leave the Company to pursue other interests. Mr.
Schroeder plans to remain in his current role until a successor is named and
throughout an appropriate transition period, but no later than May 2004.

A copy of the press release is attached as Exhibit 99.1.

Item 7.  FINANCIAL STATEMENTS AND EXHIBITS

(c)  Exhibits:

The following Exhibits are filed with this Current Report on Form 8-K:

Exhibit No.

      99.1  Press Release dated October 20, 2003.



                                    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 hereunto duly authorized.

                                             BRADY CORPORATION
                                             (Registrant)

Date: October 20, 2003                       /s/ Frank M. Jaehnert
                                             ----------------------------------
                                             Frank M. Jaehnert
                                             President and Chief Executive
                                             Officer





                                 Exhibit Index


Exhibit No.             Description
- -----------             -----------

   99.1            Press Release dated October 20, 2003.

EX-99.1

                                                                    Exhibit 99.1


For more information contact:
Barbara Bolens (414) 438-6940


BRADY CORPORATION SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER DAVID
SCHROEDER ANNOUNCES PLANS TO LEAVE COMPANY

MILWAUKEE (October 20, 2003)--Brady Corporation (NYSE:BRC), a world leader in
identification solutions, announced today that Senior Vice President and Chief
Financial Officer David Schroeder has decided to leave Brady Corporation to
pursue other interests. He plans to remain in his current role until a successor
is named and throughout an appropriate transition period, but no later than May
2004.

            "Dave Schroeder has been a valued member of Brady's senior executive
management team, and has made many significant contributions that enhanced the
company's global positioning and competitiveness, " said Brady President and
Chief Executive Officer Frank M. Jaehnert. "We appreciate his desire to now
follow a career path outside of Brady, and wish him all the best in his future
endeavors."

            Schroeder, 48, joined Brady in June 1991 as general manager of the
then Industrial Products Division, and served as Vice President of the
Identification Solutions & Specialty Tapes Group from 1995 to 2002, when he was
appointed CFO and President of Brady Technologies. Prior to joining Brady, he
was President and CEO of Uniroyal Adhesives & Sealants in Hammond, Indiana.

            "While it is difficult to leave Brady after 12 great years, my
current interests are leading me to explore new opportunities and challenges,"
said Schroeder. "Brady has strong leadership and a great finance team in place
to facilitate a seamless transition to a new CFO."

            Brady Corporation is an international manufacturer and marketer of
complete identification solutions and specialty materials, with products
including high-performance labels and signs, printing systems and software,
label-application and data-collection systems, safety devices and precision






die-cut materials for electronics, telecommunication, manufacturing, electrical,
construction, education and a variety of other markets. Founded in 1914, Brady
is headquartered in Milwaukee and employs more than 3,000 people in operations
in the United States, Europe, Asia/Pacific, Latin America and Canada. Brady's
fiscal 2003 sales were approximately $555 million. More information is available
on the Internet at www.bradycorp.com.

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