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): May 28, 2002 GENESIS HEALTH VENTURES, INC. (Exact name of registrant as specified in its charter) Pennsylvania 0-33217 06-1132947 ---------------------------- ------------------------ ------------------- (State or other jurisdiction (Commission File Number) (I.R.S. Employer of incorporation) Identification No.) 101 East State Street, Kennett Square, Pennsylvania 19348 (Address of principal executive offices/Zip Code) Registrant's telephone number, including area code: (610) 444-6350 Former name, former address, and former fiscal year, if changed since last report: N/A --- Item 5. OTHER EVENTS On May 28, 2002, Genesis Health Ventures, Inc. (the "Company") announced that Michael R. Walker resigned as Chief Executive Officer of the Company. The Company's Board of Directors appointed Robert H. Fish as interim Chief Executive Officer. On June 21, 2002, the Company announced that David C. Barr resigned as our Vice Chairman. Mr. Barr will continue with the Company as a consultant. The Company will take a charge of approximately $13 million in its fiscal quarter ended June 30, 2002 relating to the transition agreement with Mr. Walker and the transition agreement with Mr. Barr. Item 7. FINANCIAL STATEMENT, PRO FORMA, FINANCIAL STATEMENTS AND EXHIBITS C. Exhibits 10.1 Transition Agreement by and between Genesis Health Ventures, Inc. and Michael R. Walker dated as of May 28, 2002. 10.2 Transition Agreement by and between Genesis Health Ventures, Inc. and David C. Barr dated as of June 18, 2002. 99.1 Press Release of Genesis Health Ventures, Inc. dated May 28, 2002. 99.2 Press Release of Genesis Health Ventures, Inc. dated June 21, 2002. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, GENESIS HEALTH VENTURES, INC., Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GENESIS HEALTH VENTURES, INC. Date: June 28, 2002 By: /s/ George V. Hager, Jr. -------------------------- George V. Hager, Jr. Executive Vice President and Chief Financial Officer