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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
Date of Report (Date of earliest event reported) November 16, 1999
KINARK CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 1-3920 71-0268502
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(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification No.)
Incorporation)
2250 E. 73rd Street, Suite 300, Tulsa, OK 74136
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(Address of principal executive offices) (Zip Code)
(918) 494-0964
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(Registrant's telephone number, including area code)
7060 South Yale Avenue, Tulsa, OK 74136
(Former name or former address, if changed since last report)
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Item 5. Other Events
On September 13, 1999, Richard C. Butler, 89, a Director of the
company, died following a short period of failing health. Mr. Butler joined
the Board of Directors of the Company in 1974.
On November 16, 1999, the Company announced several organizational
changes designed to streamline operations and improve operating efficiencies.
Michael T. Crimmins, 59, elected to retire from his current position as
Chairman of the Board of Directors and Chief Executive Officer of the
Company. Mr. Crimmins will remain as a member of the Board of Directors and
will serve on the Audit and Compensation Committees of the Board of Directors.
Ronald J. Evans, 50, was appointed Chief Executive Officer of the
Company. Mr. Evans has served as President of the Company since 1996. Joseph
J. Morrow, 59, an outside Director, was named Chairman of the Board of
Directors and will no longer serve on the Audit and Compensation Committees of
the Board of Directors. These appointments are effective as of November 16,
1999. The attached press release of the Registrant is hereby incorporated by
reference in this Current Report on Form 8-K.
Item 7. Financial Statements and Exhibits.
(C) Exhibits:
99.1 Press Release of Kinark Corporation, dated
November 16, 1999.
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 thereunto duly authorized.
KINARK CORPORATION
(Registrant)
Date: December 3, 1999 By: /s/Paul R. Chastain
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Paul R. Chastain
Vice President and
Chief Financial Officer
NEWS RELEASE
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KINARK CORPORATION 2250 EAST 73rd ST. Suite 300 Tulsa, OK 74136
(918) 494-0964 - Fax: (918) 494-3999
FOR IMMEDIATE RELEASE:
CONTACT: CAROLYN A. FREDRICH
PHONE: (918) 494-0964
KINARK CORPORATION ANNOUNCES ORGANIZATIONAL CHANGES
Tulsa, Oklahoma, November 16, 1999 -- Kinark Corporation (AMEX:KIN)
announced today several organizational changes designed to streamline
operations and improve operating efficiencies. Ronald J. Evans, 50, has been
appointed Chief Executive Officer. Mr. Evans has served as President of the
Company since 1996. He joined Kinark in 1995 as a Director. Prior to Kinark,
he was Vice President and General Manager of Deltech Corporation, a
manufacturer of specialty chemicals.
Joseph J. Morrow, 59, an outside Director, has been named Chairman of the
Board. Michael T. Crimmins, 59, has elected to retire from his current
position as Chairman and Chief Executive Officer of the Company. He will
remain as a member of the Board of Directors, and will replace Mr. Morrow on
the Audit and Compensation Committees. The appointments are effective
immediately.
Kinark Corporation conducts business in hot dip galvanizing, bulk liquid
storage and warehousing services. Galvanizing plants located in Denver,
Houston, Hurst (Dallas/Fort Worth), Kansas City, Louisville, Nashville, St.
Louis and Tulsa provide metals corrosion protection for commercial,
construction and industrial markets. Chemical storage and warehousing
facilities are located in Chicago.
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