Securities and Exchange Commission
Washington, DC 20549
Form 8-K
Current Report
Pursuant to Section 13 to 15(d) of the
Securities Exchange Act 1934
Date of Report May 6, 1994
(Date of earliest event reported)
California Energy Company, Inc.
(Exact name of registrant as specified in its charter)
Delaware 1-9874 94-2213782
(State of other (Commission File (IRS Employer
jurisdiction of Number) Identification No)
incorporation)
10831 Old Mill Road Omaha, Nebraska 68154
(Address of principal executive offices) Zip Code
Registrant's Telephone Number, including area code: (402)330-8900
N/A
(Former name or former address, if changed since last report)
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ITEM 5. Other Events
On May 6, 1994 the Registrant announced that David L. Sokol,
its President and Chief Executive Officer, who is currently a
Director, was named Chairman of the Board of Directors,
succeeding to the vacancy created by the resignation of Richard
R. Jaros. Mr. Jaros, who is an Executive Vice President and
Director of Peter Kiewit Sons', Inc.("Kiewit"), will remain a
member of the Board of Directors of the Registrant. Kiewit owns
approximately 36% of the voting stock of the Registrant on a
fully-diluted basis. A copy of the press release issued by the
Registrant is set forth as Exhibit 1 hereto and is incorporated
herein by reference.
ITEM 7. Financial Statements and Exhibits
Exhibit 1 - Press Release dated May 6, 1994.
<PAGE>
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.
California Energy Company, Inc.
By: /s/Steven A. McArthur
Steven A. McArthur
Senior Vice President
Dated: May 6, 1994
FOR IMMEDIATE RELEASE
David L. Sokol, Chairman, President and C.E.O. (402) 330-8900
David W. Cox, Vice President (402) 330-8900
SOKOL NAMED CHAIRMAN OF CALIFORNIA ENERGY
OMAHA, NEBRASKA, May 6, 1994 -- California Energy Company,
Inc. (NYSE, PSE and LSE symbol: CE) today announced that its
President and Chief Executive Officer, David L. Sokol, who is
currently a Director, has been named Chairman of the Board,
succeeding to the vacancy created by the resignation of Richard R.
Jaros.
Mr. Jaros, who is an Executive Vice President and Director of
Peter Kiewit Sons', Inc. ("Kiewit"), will remain a member of the
Board of Directors of California Energy. Kiewit owns approximately
36% of the voting stock of California Energy on a fully-diluted
basis.
Walter Scott, Jr., Kiewit's Chairman and President, stated
"David Sokol is taking the Chairman role at California Energy with
Kiewit's full confidence in his ability to direct the Company as it
expands globally and advances into its next phase of power plant
developments overseas."
California Energy Company, Inc. is an international developer,
owner and operator of geothermal and other environmentally
responsible power generation facilities.
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