<DOCUMENT> <TYPE>8-K <SEQUENCE>1 <FILENAME>c13616e8vk.txt <DESCRIPTION>CURRENT REPORT <TEXT> <PAGE> 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 22, 2007 SOURCE INTERLINK COMPANIES, INC. (Exact name of registrant as specified in this charter) Delaware 001-13437 20-2428299 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 27500 Riverview Center Blvd., Suite 400, Bonita Springs, FL 34134 (Address of Principal Executive Offices and Zip Code) Registrant's Telephone Number, including area code: (239) 949-4450 Not applicable (Former Name or Former Address, if Changes 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)) <PAGE> ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. (e) As previously reported on Form 8-K filed on November 13, 2006, effective November 10, 2006, the Board of Directors of the Company appointed Michael R. Duckworth as the Company's Chairman of the Board. In electing Mr. Duckworth as Chairman, the Board granted Mr. Duckworth the power as the Company's principal executive officer to exercise direct general supervision, direction and control over the business and affairs of the Company and its officers. At a meeting held on March 22, 2007, in consideration of such service, the Compensation Committee approved a base salary for Mr. Duckworth of $75,000 per month effective as of November 1, 2006 and ending on the date his successor has been identified and elected. Mr. Duckworth will not participate in any of the Company's employee benefit plans and will continue to receive his compensation as a director. 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. Date: March 23, 2007 SOURCE INTERLINK COMPANIES, INC. By: /s/ Marc Fierman ----------------------------------- Marc Fierman Executive Vice President and Chief Financial Officer </TEXT> </DOCUMENT>