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<TITLE>UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D</TITLE>
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<p ALIGN="CENTER">UNITED&nbsp;STATES<br>
SECURITIES&nbsp;AND&nbsp;EXCHANGE&nbsp;COMMISSION<br>
Washington&nbsp;D.C.&nbsp;20549</p>
<p ALIGN="CENTER"><font SIZE="4">FORM&nbsp;8-K</p>
<p ALIGN="CENTER">CURRENT&nbsp;REPORT</p>
</font></b><font SIZE="2">
<p ALIGN="CENTER">Pursuant&nbsp;to&nbsp;Section&nbsp;13&nbsp;or&nbsp;15(d)&nbsp;of&nbsp;the&nbsp;Securities&nbsp;Exchange&nbsp;Act&nbsp;of&nbsp;1934</p>
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<p ALIGN="CENTER">Report&nbsp;as&nbsp;of&nbsp;May&nbsp;30,&nbsp;2001</p>
<p ALIGN="CENTER"><font SIZE="5"><b>GENERAL&nbsp;BINDING&nbsp;CORPORATION<br>
</b></font><font SIZE="2">(Exact&nbsp;name&nbsp;of&nbsp;registrant&nbsp;as&nbsp;specified&nbsp;in&nbsp;its&nbsp;charter)</font></p>
<p ALIGN="CENTER"><b>Delaware<br>
</b><font SIZE="2">(State&nbsp;or&nbsp;other&nbsp;jurisdiction&nbsp;of&nbsp;incorporation&nbsp;or&nbsp;organization)</p>
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<p ALIGN="CENTER">Commission&nbsp;File&nbsp;Number&nbsp;0-2604</p>
<p ALIGN="CENTER"><b>36-0887470<br>
</b><font SIZE="2">(I.R.S.&nbsp;employer&nbsp;identification&nbsp;No.)</font></p>
<p ALIGN="CENTER"><b>One&nbsp;GBC&nbsp;Plaza,</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>
&nbsp;&nbsp;<b>Northbrook,&nbsp;Illinois&nbsp;&nbsp;60062</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>
<font SIZE="2">(Address&nbsp;of&nbsp;principal&nbsp;executive&nbsp;offices,&nbsp;including&nbsp;zip&nbsp;code)</font></p>
<p ALIGN="CENTER"><b>(847)&nbsp;&nbsp;272-3700<br>
</b>(<font SIZE="2">Registrant's&nbsp;telephone&nbsp;number,&nbsp;including&nbsp;area&nbsp;code)</p>
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<p><b><font size="3">Item&nbsp;5.&nbsp; Other&nbsp;Events</font></b></p>
<p><font size="3">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Effective&nbsp;May&nbsp;30,&nbsp;2001,&nbsp;Mr.&nbsp;Terry&nbsp;G.&nbsp;Westbrook,&nbsp;Senior&nbsp;Vice&nbsp;President&nbsp;and&nbsp;Chief&nbsp;Financial<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Officer&nbsp;of&nbsp;General&nbsp;Binding&nbsp;Corporation&nbsp;(&quot;GBC&quot;)&nbsp;resigned&nbsp;from&nbsp;the&nbsp;company.&nbsp;&nbsp;GBC&nbsp;has<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
initiated&nbsp;a&nbsp;search&nbsp;to&nbsp;fill&nbsp;this&nbsp;position.</font></p>
<p><b><font size="3">Item&nbsp;7. Financial&nbsp;Statements&nbsp;and&nbsp;Exhibits</font></b></p>
<p><font size="3">&nbsp;&nbsp; <b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</b>(a)
Exhibit&nbsp;20&nbsp;-&nbsp;Other&nbsp;Documents&nbsp;or&nbsp;Statements&nbsp;to&nbsp;Security&nbsp;Holders:</font></p>
<blockquote>
  <blockquote>
    <font SIZE="3">
    <p>GBC&nbsp;press&nbsp;release&nbsp;dated&nbsp;May&nbsp;30,&nbsp;2001.</p>
    </blockquote>
  </blockquote>
  <b><u>
  <p>SIGNATURES</p>
  </u></b>
  <p>Pursuant&nbsp;to&nbsp;the&nbsp;requirements&nbsp;of&nbsp;the&nbsp;Securities&nbsp;Exchange&nbsp;Act&nbsp;of&nbsp;1934,&nbsp;the&nbsp;registrant&nbsp;has&nbsp;duly&nbsp;caused&nbsp;this<br>
  report&nbsp;to&nbsp;be&nbsp;signed&nbsp;on&nbsp;its&nbsp;behalf&nbsp;by&nbsp;the&nbsp;undersigned,&nbsp;hereunto&nbsp;duly&nbsp;authorized.</p>
  <p><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;
  GENERAL&nbsp;BINDING&nbsp;CORPORATION</b></p>
 </font>
  <p><font size="3">&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
  By:&nbsp;<u>&nbsp;/s/&nbsp;Dennis&nbsp;J.&nbsp;Martin<br>
  </u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
  Dennis&nbsp;J.&nbsp;Martin<br>
  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
  &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chairman,&nbsp;President&nbsp;and<br>
  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
  &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief&nbsp;Executive&nbsp;Officer</font></p>
<p><font size="3">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;June&nbsp;1,&nbsp;2001</font></p>

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{"company-data": {"conformed-name": "GENERAL BINDING CORP", "cik": "0000040461", "assigned-sic": "3579", "irs-number": "360887470", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-02604", "film-number": "1652784"}, "business-address": {"street1": "ONE GBC PLZ", "city": "NORTHBROOK", "state": "IL", "zip": "60062", "phone": "8472723700"}, "mail-address": {"street1": "ONE GBC PLZ", "city": "NORHBROOK", "state": "IL", "zip": "60062"}}
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D
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
Report as of May 30, 2001
GENERAL BINDING CORPORATION
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation or organization)
Commission File Number 0-2604
36-0887470
(I.R.S. employer identification No.)
One GBC Plaza,
Northbrook, Illinois  60062
(Address of principal executive offices, including zip code)
(847)  272-3700
(
Registrant's telephone number, including area code)
Item 5.  Other Events
Effective May 30, 2001, Mr. Terry G. Westbrook, Senior Vice President and Chief Financial
Officer of General Binding Corporation ("GBC") resigned from the company.  GBC has
initiated a search to fill this position.
Item 7. Financial Statements and Exhibits
(a)
Exhibit 20 - Other Documents or Statements to Security Holders:
GBC press release dated May 30, 2001.
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.
GENERAL BINDING CORPORATION
By:
/s/ Dennis J. Martin
Dennis J. Martin
Chairman, President and
Chief Executive Officer
June 1, 2001