-----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, A2Iy2cLtfmz82NoCxbiNinvFnTykovISnwzI8WYy2PcD8Om4D3iRaHOIPQn4hLf7 sPa2LdFri0f9T6zhtoE6cg== 0000914317-04-004263.txt : 20041130 0000914317-04-004263.hdr.sgml : 20041130 20041130094344 ACCESSION NUMBER: 0000914317-04-004263 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20041130 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20041130 DATE AS OF CHANGE: 20041130 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LAKELAND INDUSTRIES INC CENTRAL INDEX KEY: 0000798081 STANDARD INDUSTRIAL CLASSIFICATION: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES [3842] IRS NUMBER: 133115216 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-15535 FILM NUMBER: 041173275 BUSINESS ADDRESS: STREET 1: 711-2 KOEHLER AVENUE CITY: RONKONKOMA STATE: NY ZIP: 11779 BUSINESS PHONE: 5169819700 MAIL ADDRESS: STREET 1: 711- 2 KOEHLER AVENUE CITY: RONKONKOMA STATE: NY ZIP: 11779 8-K 1 form8k-64150_lakeland.htm

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) November 30, 2004

__________________________________________

Lakeland Industries, Inc.
(Exact name of registrant as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation)
0-15535
(Commission
File Number)
13-3115216
(IRS Employer
Identification No.)

711 Koehler Avenue, Suite 2, Ronkonkoma, New York 11779-7410
(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code  (631) 981-9700

 
(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:

¨   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 5.02 Departure of Director and Appointment of Principal Officer.

  On November30, 2004 Lakeland Industries, Inc. (“Lakeland”) issued a press release regarding the retirement of Walter James Raleigh, age 78, for medical and personal reasons from the Board of Directors and the hiring of Gary Pokrassa as CFO of the Company, both effective November 29, 2004.

  The information in this report shall not deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.


SIGNATURES

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.




Date November 30, 2004





LAKELAND INDUSTRIES, INC.





/s/ Christopher J. Ryan
Christopher J. Ryan
President & CEO


EXHIBIT INDEX

Exhibit
Number

 
Description

 
99.1 Lakeland's Press Release regarding the retirement of Walter James Raleigh from the Lakeland Board of Directors and the hiring of Gary Pokrassa as the CFO of Lakeland.


EX-99.1 2 ex99-1.htm

Exhibit 99.1

Company Press Release
Source Lakeland Industries, Inc.

LAKELAND INDUSTRIES ANNOUNCES
THE RETIREMENT OF WALTER JAMES RALEIGH
FROM THE BOARD OF DIRECTORS
AND
THE HIRING OF GARY POKRASSA AS CFO

Ronkonkoma, NY. On November 30, 2004, Lakeland Industries, Inc., (NASDAQ:LAKE) a leading manufacturer of industrial protective clothing, today announced that Walter James Raleigh (age 78) retired from Lakeland’s Board of Directors effective November 29, 2004 due to medical and personal reasons. “We are grateful for the many years of service that Mr. Raleigh contributed to our board,” stated Ryan. “We wish him well in his retirement.”

Lakeland also announced that it has appointed Gary Pokrassa as Lakeland’s Chief Financial Officer. Mr. James McCormick relinquished his position as CFO, but is remaining with Lakeland as its Controller and Treasurer.

Mr. Pokrassa is a CPA with 35 years experience in both public and private accounting. Mr. Pokrassa was the CFO for Gristedes Foods, Inc. (AMEX-GRI) from 2000-2003 and Syndata Technologies from 1997-2000. Mr. Pokrassa received a BS in Accounting from New York University and is a member of the American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants.

“We believe that strengthening our management team would help Lakeland to take advantage of the many opportunities that lie ahead,” stated Christopher Ryan, Chairman and CEO of Lakeland Industries. “We have recently improved our balance sheet, which will allow us to expand our product lines and allow us the opportunity to increase market share. We also expect significant margin improvement as we continue to move a portion of our manufacturing capacity to China.”

For more information concerning Lakeland, please visit us at: www.lakeland.com or call Investor Relations: Mike Frank at 201-601-9595 or e-mail mike@mikefrankassociates.com.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Forward-looking statements involve risks, uncertainties and assumptions as described from time to time in Press Releases and 8-K(s), registration statements, annual reports and other periodic reports and filings filed with the Securities and Exchange Commission. All statements, other than statements of historical facts, which address Lakeland’s expectations of sources or uses for capital or which express the Company’s expectation for the future with respect to financial performance or operating strategies can be identified as forward-looking statements. As a result, there can be no assurance that Lakeland’s future results will not be materially different from those described herein as “believed,” “anticipated,” “estimated” or “expected,” which words reflect the current view of the Company with respect to future events. We caution readers that these forward-looking statements speak only as of the date hereof. The Company hereby expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the Company’s expectations or any change in events conditions or circumstances on which such statement is based.

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