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 8, 2006
BOWATER INCORPORATED
(Exact name of registrant as specified in its charter)
Delaware 1-8712 62-0721803
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
55 East Camperdown Way
P.O. Box 1028
Greenville, South Carolina 29602
(Address of principal executive offices) (Zip Code)
(864) 271-7733
(Registrant's telephone number, including area code)
(Former name or former address, if changed since last report): Not applicable
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.
(b)On November 8, 2006, the Board of Directors of Bowater elected David J.
Paterson as Chairman, effective January 1, 2007. Mr. Paterson will assume the
duties of Chairman from Arnold M. Nemirow, who has held the position since 1996
and, as previously announced and as confirmed by Mr. Nemirow on November 8, is
retiring from Bowater' Board of Directors as of December 31, 2006. A copy of the
news release confirming Mr. Nemirow's retirement is attached as Exhibit 99.1.
On November 8, 2006, R. Donald Newman announced his retirement as Executive
Vice President and Chief Operating Officer of Bowater, effective December 1,
2006. A copy of the news release announcing Mr. Newman's retirement is attached
as Exhibit 99.1.
Item 8. Other Events
On November 8, 2006, the Board of Directors of Bowater approved the
reduction of the number of directors constituting the Board of Directors of
Bowater from eleven to ten, effective January 1, 2007.
Item 9.01. Financial Statements And Exhibits
(c) Exhibits.
99.1 News Release of Bowater Incorporated dated October 26, 2006
On November 9, 2006, Bowater Incorporated issued a news release confirming
the retirement of Arnold M. Nemirow and announcing the retirement of R. Donald
Newman. A copy of the news release is attached hereto as Exhibit 99.1.
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.
BOWATER INCORPORATED
(Registrant)
November 15, 2006 By: /s/ Ronald T. Lindsay
-----------------------------------------
Name: Ronald T. Lindsay
Title: Executive Vice President-
General Counsel and Secretary
EXHIBITS
99.1 News release issued by Bowater Incorporated on November 9, 2006