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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):
September 16, 2004 (September 13, 2004)
IMPROVENET, INC.
(Exact name of registrant as specified in its charter)
Delaware 000-29927 77-0452868
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
10799 N. 90th Street, Suite 200
Scottsdale, Arizona 85260
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 480-346-0000
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 (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
o 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
Effective September 13, 2004, the Board of Directors of ImproveNet, Inc. (the
"Company" or "ImproveNet") named James R. Schroepfer as the Company's Chief
Financial Officer replacing Homayoon J. Farsi who resigned as the Acting Chief
Financial Officer to allow for Mr. Schroepfer's appointment. Mr. Farsi will
continue his duties as President and Co-Chairman. Prior to joining ImproveNet,
Mr. Schroepfer managed the external financial reporting function for Waste
Services, Inc., a NASDAQ listed company, where he was primarily responsible for
the reporting process relative to financial filings made with the Securities and
Exchange Commission. From September of 1998 to January of 2004, Mr. Schroepfer
was employed by BDO Seidman, LLP and Semple & Cooper, LLP (the Phoenix alliance
firm of BDO Seidman, LLP), where prior to leaving Semple & Cooper, LLP, he
served as a Manager in the firm's assurance practice. Mr. Schroepfer, age 30, is
a Certified Public Accountant, a Certified Managerial Accountant and holds a
masters of business administration (accounting emphasis) and a bachelors of
business administration (finance) from the University of Wisconsin - Whitewater.
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.
ImproveNet, Inc.
Date: September 16, 2004
By: /s/ Jeffrey Rassas
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Name: Jeffrey Rassas
Title: Chief Executive Officer
END OF FILING