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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): December 11, 2006
Euronet Worldwide, Inc.
(Exact name of registrant as specified in its charter)
Delaware 001-31648 74-2806888
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
4601 College Boulevard, Suite 300
Leawood, Kansas 66211
(Address of principal executive office)(Zip Code)
(913) 327-4200
(Registrant's telephone number, including area code)
Not Applicable
(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))
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
(c) (1) On December 11, 2006, the Board of Directors of Euronet
Worldwide, Inc. (the "Company") elected Michael J. Brown to the additional
position of President of the Company, effective December 31, 2006. Mr. Brown
currently serves as Chairman and Chief Executive Officer of the Company and
will continue in those positions.
(2) The information required by Items 401(b), (d) and (e) and
404(a) of Regulation S-K regarding Mr. Brown is incorporated herein by
reference to the information under "Executive Officers of the Registrant" in
Part I of the Company's Annual Report on Form 10-K for the fiscal year ended
December 31, 2005 filed with the Securities and Exchange Commission on March
10, 2006 and the information under "Proposal 1 - Election of Directors" in
the Company's proxy statement filed with the Securities and Exchange
Commission on April 10, 2006.
(3) Mr. Brown did not enter into any material plan, contract or
arrangement or any material amendment thereto, or receive any grant or award
under any such plan, contract or arrangement, in connection with his election
as President of the Company. The existing employment agreement between Mr.
Brown and the Company is incorporated herein by reference to Exhibit 10.1 to
the Company's Annual Report on Form 10-K for the fiscal year ended December
31, 2003 filed with the Securities and Exchange Commission on March 15, 2004.
The existing employment agreement is described under "Executive Compensation
- Employment Agreements" in the Company's proxy statement filed with the
Securities and Exchange Commission on April 10, 2006 and such description is
incorporated herein by reference.
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.
EURONET WORLDWIDE, INC.
By: /s/ Jeffrey B. Newman
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Jeffrey B. Newman, General Counsel
Date: December 12, 2006