Compensation for Sr. Vice President

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): April 24, 2007

BUCKEYE TECHNOLOGIES INC.
(Exact name of registrant as specified in its charter)

         
DELAWARE
 
33-60032
 
62-1518973
(State or other
 
(Commission
 
(IRS Employer
jurisdiction of incorporation)
 
File Number)
 
Identification Number)


1001 Tillman Street, Memphis, Tennessee
 
38112
(Address of principal executive offices)
 
(Zip Code)


Registrant's telephone number, including area code: (901) 320-8100

N/A
(Former name or former address, if changed 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))


 
 

 


Section 5 - Corporate Governance and Management

Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On April 24, 2007, Buckeye Technologies Inc.’s Compensation Committee approved a salary increase of $25,000 per year, effective May 1, 2007, for Mr. Paul N. Horne, Senior Vice President, Product & Market Development. Mr. Horne’s last salary increase was in April 2005. Following the salary increase, Mr. Horne’s base salary is $350,000.
 

 
 

 

SIGNATURE

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,

             
BUCKEYE TECHNOLOGIES INC.
               
               
               
             
/S/ Steven G. Dean
             
Steven G. Dean
             
Vice President and Chief Financial Officer
             
May 2, 2007