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): September 13, 2002

                          BUCKHEAD AMERICA CORPORATION
               (Exact name of registrant as specified in charter)

                         Commission File Number 0-22132

            Delaware                                      58-2023732
 (State or other jurisdiction of               (IRS Employer Identification No.)

              7000 Central Parkway
                    Suite 850                              30328
                Atlanta, Georgia                         (Zip Code)
    (Address of principal executive offices)

        Registrant's telephone number including area code (770) 393-2662

          (Former name or former address, if changed since last report)

Item 5.  Other Events.

     On September 13, 2002,  Robert Lee resigned as the Chief Financial  Officer
of Buckhead America Corporation (the "Company").  The Company and Mr. Lee agreed
on this action in light of the recent  budget cuts and staff  reductions  by the
Company. Douglas Collins, President of the Company, stated that "Bob Lee has had
a long and distinguished  career with, and has provided  outstanding service to,
the Company. We regret the unfortunate  economic  circumstances that have led to
this  action,  and this  change is  certainly  no  reflection  on the  Company's
assessment  of Mr.  Lee.  We  wish  Bob  the  best  in his  future  professional
endeavors."  The work  previously  performed  by Mr. Lee for the Company will be
reassigned to other staff members and to outside service providers.  The Company
will  appoint  William  Bausser,  currently  its Vice  President  of Finance and
Administration, as its Chief Accounting Officer for reporting purposes.



     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.

                                       BUCKHEAD AMERICA CORPORATION

Date:  September 24, 2002              By: /s/ Douglas Collins
                                          Douglas Collins, President and Chief
                                          Executive Officer