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 27, 2007)

 


CARAUSTAR INDUSTRIES, INC.

(Exact name of registrant as specified in its charter)

 


 

North Carolina   0-20646   58-1388387
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

5000 Austell Powder Springs Road, Suite 300

Austell, Georgia

  30106-3227
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code (770) 948-3101

 

(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 5.02(e) Director Compensation Plan.

On November 27, 2007 Eric Zarnikow was named the Associate Administrator for the U.S. Small Business Administration’s Office of Capital Access, a federal government appointment. Mr. Zarnikow’s new position permits him to continue to serve as a member of our Board of Directors, but precludes him from accepting any compensation for such Board service. Mr. Zarnikow intends to continue his service on our Board of Directors and will continue to Chair its Audit Committee, without receiving compensation from us during the duration of his government appointed position.


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, 2007

 

CARAUSTAR INDUSTRIES, INC.

By:

 

/s/ Ronald J. Domanico

  Ronald J. Domanico
  Senior Vice President and Chief Financial Officer