Item
5.02 Departure
of Certain Officers.
On
Thursday, November 30, 2006, Howard Becker ceased serving as our vice president
of operations. The terms of Mr. Becker’s severance have not been finalized. Mr.
Becker may provide part time consulting services for the Company in the future,
provided the parties can mutually agree to the terms of such services.
Mr.
Becker was appointed as our vice president of operations in September 2006.
For
approximately one year prior to his appointment, he served as our consultant.
Before joining us, Mr. Becker served as a business consultant to a variety
of
companies through his private consulting firm. Mr. Becker is also a licensed
attorney and practiced law for eighteen years in New York City, specializing
in
business reorganizations and corporate restructuring, including ten years at
Kaye, Scholer, Fierman, Hays & Handler, LLP. He was also associated with
Skadden, Arps, Slate, Meagher & Flom, LLP and Milbank, Tweed, Hadley &
McCloy, LLP.
Item
9.01 Exhibits.
(c) Exhibits.
None.
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.
| XECHEM INTERNATIONAL, INC. | ||
| |
|
|
| Dated: December 6, 2006 | By: | /s/ Ramesh C. Pandey |
|
Ramesh
C. Pandey, Ph.D.
|
||
