UNITED STATES OF AMERICA

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549
FORM 8-K
CURRENT REPORT

Pursuant to Section 13 of 15(d) of The Securities Exchange Act of 1934
Date of Report (Date
of earliest event reported): March 24, 2011
CAPITAL FINANCIAL HOLDINGS, INC.
(Exact name of
registrant and specified in its charger)

 
  
  
North Dakota
  
  
  
 
  
  
  
0-25958
  
  
  
 
  
  
  
45-0404061
  
 
 
  
  
(State or other
  jurisdiction of incorporation)
  
  
  
 
  
  
  
(Commission File
  Number)
  
  
  
 
  
  
  
(IRS Employer
  Identification No.)
  
 

 
 

 
  
  
1 Main Street
  North, Minot, North Dakota
  
  
  
 
  
  
  
58703
  
 
 
  
  
(Address of
  principal executive offices)
  
  
  
 
  
  
  
(Zip Code)
  
 

Registrant's
telephone number, including area code: (701) 837-9600
(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:
 

 
  
  
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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)
  
 
 
  
  
 
  
  
  
 
  
 
 
  
  
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Pre-commencement communications pursuant to Rule 14d-2(b)
  under the Exchange Act (17 CFR 240.14d-2(b))
  
 
 
  
  
 
  
  
  
 
  
 
 
  
  
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Pre-commencement communications pursuant to Rule 13e-4(c)
  under the Exchange Act (17 CFR 240.13e-4(c))
  
 



Item 5.02(c) Appointment of Directors or Certain Officers
Effective April 1, 2011, John Carlson has been appointed as
the Company's interim Chief Executive Officer, to replace Jacqueline L. Case
who was previously named interim Chief Executive Officer in October of 2010.
Jacqueline L. Case will continue her position as interim President with the
Company. Mr. Carlson has been appointed to serve in that position on a
temporary basis until the next annual meeting of the Board of Directors of the
Company or until his successor has been duly elected and qualified, or until
his earlier resignation, removal from office or death, all in accordance with
the Articles of Incorporation and Bylaws of this Corporation.
Mr. Carlson, age 47, has been employed by the Company since
2022. Since that time, Mr. Carlson has served as the Chief Compliance Officer
of the Company's wholly owned subsidiary Capital Financial Services, Inc., and
is currently serving as the President of that subsidiary as well.
There is no family relationship between Mr. Carlson and any
other officer or member of the Company's board of directors. There is no
written contract with respect to the employment of Mr. Carlson.


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.
CAPITAL FINANCIAL HOLDINGS, INC.
By: /s/ Jacqueline L. Case
Jacqueline L. Case
Interim President & Executive Officer
Dated: March 30, 2011