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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
January 25, 1999
Date of Report (Date of earliest event reported)
ONEOK, Inc.
(Exact name of registrant as specified in its charter)
Oklahoma 1-2572 73-1520922
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
100 West Fifth Street; Tulsa, OK
(Address of principal executive offices)
74103
(Zip code)
(918) 588-7000
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
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Items 1 - 4. Not Applicable.
Item 5. Other Events.
ONEOK, Inc. (the Company) announced the retirement of its vice
president, chief financial officer, and treasurer, Jerry D. Neal, effective
March 31, 1999. Mr. Neal will be replaced by James C. Kneale, president and
chief operating officer of Oklahoma Natural Gas Company.
In the same announcement, Edmund J. Farrell, vice president of
ONEOK Gas Marketing, was named president and chief operating officer of Oklahoma
Natural Gas Company.
On January 21, 1999, the Company issued a press release, a
copy of which is attached hereto as exhibit 1.a and incorporated herein by
reference.
Item 6. Not Applicable
Item 7. Financial Statements, Pro Forma Financial Information and
Exhibits.
Exhibit
No. Description
1.a Press release issued by ONEOK, Inc. dated January 21, 1999
Item 8-9. Not Applicable
2
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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 hereunto duly authorized, on this 25th of January, 1999.
ONEOK Inc.
By: Jerry D. Neal
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Vice President, Chief Financial
Officer, and Treasurer
3
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Index to Exhibits
<TABLE>
<CAPTION>
Exhibit
Number Description
- ------- -----------
<S> <C>
1.a Press Release issued by ONEOK, Inc., dated January 21,
1999
</TABLE>
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ONEOK FINANCIAL NEWS
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ONEOK, INC. CONTACT: WELDON WATSON, 918/588-7158
P. O. BOX 871
TULSA, OK 74102-0871 FOR IMMEDIATE RELEASE JANUARY 21, 1999
ONEOK ANNOUNCES KEY OFFICER CHANGES
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TULSA, OKLAHOMA -- LARRY BRUMMETT, CHAIRMAN AND CHIEF EXECUTIVE OFFICER
OF ONEOK, INC., ANNOUNCED TODAY THAT JIM KNEALE WILL BECOME VICE PRESIDENT AND
CHIEF FINANCIAL OFFICER OF THE COMPANY EFFECTIVE APRIL 1, 1999. KNEALE REPLACES
JERRY NEAL, WHO WILL RETIRE MARCH 31, 1999.
NEAL IS A 38-YEAR VETERAN EMPLOYEE OF THE COMPANY. HE WAS NAMED
TREASURER OF ONEOK IN 1989, BECOMING VICE PRESIDENT-FINANCE IN 1990 AND CHIEF
FINANCIAL OFFICER AND TREASURER IN 1992.
JIM KNEALE, 47, HAS BEEN PRESIDENT AND CHIEF OPERATING OFFICER OF
OKLAHOMA NATURAL GAS COMPANY, ONEOK'S GAS DISTRIBUTION OPERATION SERVING 750,000
CUSTOMERS IN THE SOONER STATE. KNEALE HAS BEEN EMPLOYED BY ONEOK SINCE 1981. HE
HAS HELD SEVERAL OFFICER POSITIONS IN BOTH THE REGULATED AND NONREGULATED ENERGY
OPERATIONS AT ONEOK DURING THE LAST 18 YEARS. PRIOR TO COMING TO ONEOK HE WAS
EMPLOYED BY A NATIONAL CERTIFIED PUBLIC ACCOUNTING FIRM.
KNEALE GRADUATED FROM WEST TEXAS STATE UNIVERSITY IN 1973 WITH A
BACHELOR'S DEGREE IN ACCOUNTING. HE IS ALSO A CERTIFIED PUBLIC ACCOUNTANT.
ED FARRELL, 55, VICE PRESIDENT OF ONEOK GAS MARKETING, WILL BECOME
PRESIDENT AND CHIEF OPERATING OFFICER OF OKLAHOMA NATURAL GAS COMPANY EFFECTIVE
APRIL 1, 1999. FARRELL BECAME AN EMPLOYEE OF ONEOK IN SEPTEMBER OF 1995. HE HAS
SERVED AS A FOUNDING DIRECTOR AND PRESIDENT OF THE OKLAHOMA ALLIANCE FOR
MANUFACTURING EXCELLENCE, INC., A PRIVATE-PUBLIC PARTNERSHIP DESIGNED TO DELIVER
TECHNICAL ASSISTANCE AND MODERNIZATION SERVICES TO SMALL AND MID-SIZED
MANUFACTURERS. HE HAS ALSO BEEN CHIEF EXECUTIVE OFFICER OF STAIRMASTER, A
WELL-KNOWN FITNESS EQUIPMENT MANUFACTURING COMPANY, AND CHIEF FINANCIAL OFFICER
OF SOUTHWEST TUBE MANUFACTURING COMPANY, LOCATED IN SAND SPRINGS, OKLAHOMA.
HE EARNED A BS DEGREE FROM THE UNITED STATES NAVAL ACADEMY AT ANNAPOLIS
IN 1964 AND AN MBA FROM HARVARD BUSINESS SCHOOL IN 1972.
ONEOK, INC., (NYSE:OKE) IS ENGAGED IN NATURAL GAS INTRASTATE
DISTRIBUTION AND TRANSMISSION, GAS PROCESSING, GAS MARKETING AND OIL AND GAS
PRODUCTION. ONEOK HAS APPROXIMATELY 31.6 MILLION SHARES OF COMMON STOCK
OUTSTANDING. INFORMATION IS AVAILABLE ON THE WORLD WIDE WEB AT
HTTP://WWW.ONEOK.COM.
