Key Technology Inc Form 8-K 03-07-05
 
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): March 7, 2005


KEY TECHNOLOGY, INC.
(Exact name of registrant as specified in its charter)

OREGON
0-21820
93-0822509
(State or other jurisdiction
of incorporation)
(Commission File Number)
(IRS Employer
Identification No.)

150 Avery Street
Walla Walla, Washington 99362
(Address of principal executive offices) (Zip Code)

(509) 529-2161
(Registrant’s telephone number, including area code)


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.
DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS

Key Technology, Inc. (the "Company") announced on March 7, 2005 the appointment of Ronald W. Burgess, 56, to the position of Senior Vice President and Chief Financial Officer, effective March 7, 2005. Phyllis C. Best, the Company's former Chief Financial Officer, has resigned and will leave the Company in late March to pursue other career opportunities.

Prior to joining the Company, Mr. Burgess served from 1999 until 2004 as Vice President Finance and Chief Financial Officer of Roseburg Forest Products in Roseburg, Oregon, a privately-held forest products company unrelated to the Company. From 1998 to 1999, he served as the Corporate Controller for Roseburg Forest Products.

The full text of the press release disclosing these management changes is attached hereto as Exhibit 99.1.



Item 9.01.
FINANCIAL STATEMENTS AND EXHIBITS
   
 
(c)
Exhibits
   
 
99.1
Press release of Key Technology, Inc. dated March 7, 2005


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 thereunto duly authorized.


 
KEY TECHNOLOGY, INC.
   
 
/s/ KIRK W. MORTON
 
Kirk W. Morton
 
President and Chief Executive Officer


Dated: March 7, 2005
 


 
EXHIBIT INDEX


Exhibit No.
  
Description
     
99.1
  
Press release of Key Technology, Inc. dated March 7, 2005