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): October 2, 1997
_______________
AMETECH, INC.
________________________________________________________________
(Exact name of registrant as specified in Charter)
Oklahoma 0-19009 73-0766924
_________________ ___________ ___________________
(State or Other (Commission (I.R.S. Employer
Jurisdiction of File No.) Identification No.)
Incorporation)
1813 Southeast 25th Street, Oklahoma City, Oklahoma 73129
________________________________________________________________
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (405) 677-8781
______________
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Item 5. Other Events
________________________________
At the meeting of the Board of Directors of the Registrant on
October 2, 1997, the Board filled two vacancies in the Board by
electing Michael R. D'Appolonia and Pierre Benoit as Directors of
the Registrant. In addition, Michael R. D'Appolonia was elected as
Chief Executive Officer and President of the Registrant to serve
until the next Annual Meeting of the Board. Mr. D'Appolonia
succeeds Carl B. Anderson, Jr., who served in such positions until
his resignation on October 2, 1997.
On October 2, 1997, Carl B. Anderson, Jr. resigned as the
Registrant's Chairman of the Board, and James E. Brown resigned as
a Director of the Registrant. On October 3, 1997, Allen G. Poppino
also resigned as a Director of the Registrant. Messrs. Anderson,
Brown and Poppino each resigned to allow new leadership the
opportunity to improve the Registrant's operations, and none of
them resigned as a result of any dispute or disagreement with the
Registrant. The Board determined that the vacancies created by the
resignations would not be filled at the present time. Jay T.
Edwards continues to serve as a Director of the Registrant.
A copy of the related press release, dated October 2, 1997,
is attached as Exhibit 1 hereto.
Item 7. Exhibits
________________________________
1. Press Release, dated October 2, 1997.
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<PAGE>
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.
AMETECH, INC.
________________________________
(Registrant)
October 10, 1997 By /s/ Michael R. D'Appolonia
______________________________
Michael R. D'Appolonia
Chairman of the Board, Chief
Executive Officer and President
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AMETECH, INC.
For Immediate Release OTC-Bulletin Board
October 2, 1997 Symbol: AMET
For Additional Information
Contact: David Bennett
(405) 677-8781
AMETECH, INC. ANNOUNCES
NEW PRESIDENT & CEO; NEW BOARD MEMBERS;
RESIGNATION OF CHAIRMAN
Ametech, Inc. (Ametech) announced today the election of Michael R.
D'Appolonia, 49, as President and Chief Executive Officer of
Ametech and Environmental Transportation Services, Inc. (ETS), a
wholly owned subsidiary, replacing Carl Anderson, 75.
Mr. D'Appolonia also joins the Board of Directors of the Company.
Mr. D'Appolonia brings to Ametech many years of experience in the
resolution of complex business situations. He has previously
served as a senior executive of a large privately held engineering
firm with operations in the environmental area. He has also held
senior management responsibilities as CEO of Halston Borghese, Inc.
and as COO of Edrei Communications Corp. He is a Principal with
the turnaround management firm of Nightingale & Associates, LLC of
Stamford, CT.
Ametech also announced the election of Pierre Benoit, 59, to the
Board of Directors as well as the resignation from the Board of
Carl Anderson and James Brown. Mr. Benoit is also a Principal of
Nightingale & Associates, LLC. Messrs. D'Appolonia and Benoit
control entities that are members of New Canaan Capital, LLC, which
owns approximately 75% of the issued and outstanding common shares
of Ametech.
Mr. Anderson also resigned his position as Chairman of the Board.
P. O. Box 36118 * Oklahoma City, Oklahoma 73136
Phone (405) 677-8781 * Fax (405) 672-1781
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