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)
January 27, 1995
NORAM ENERGY CORP.
(Exact name of Registrant as specified in its charter)
Delaware 1-3751 72-0120530
(State or other (Commission (IRS Employer
jurisdiction File Number) Identification No.)
of incorporation)
NorAm Energy Corp.
1600 Smith
Houston, Texas 77002
(Address of principal executive offices) (Zip Code)
(713) 654-5699
(Registrant's telephone number, including area code)
Page 1 of 3 Pages<PAGE>
Item 5. Other Events
NorAm Energy Corp. hereby incorporates by reference
herein its press release issued on January 27, 1995 and
attached hereto as Exhibit 99.
Item 7. Financial Statement, Pro Forma Financial Information
and Exhibits
(a) Financial Statements -- None.
(b) Pro Forma Financial Information -- None.
(c) Exhibits -- EX-99.
Page 2 of 3 Pages<PAGE>
Signature
Pursuant to the requirements of the Securities Exchange
Act of 1934, the Registrant has duly caused this report on
Form 8-K to be signed on its behalf by the undersigned
hereunto duly authorized.
NORAM ENERGY CORP.
By /s/ Michael B. Bracy
Name: Michael B. Bracy
Title: Executive Vice
President & Principal
Financial Officer
Date: January 31, 1995
Page 3 of 3 Pages<PAGE>
EXHIBIT 99
NORAM ENERGY ANNOUNCES NEW BOARD MEMBERS
Houston, TX --- January 27, 1995 --- NorAm Energy Corp.
announced the addition of Mickey P. Foret, Joseph M. Grant and
W. Jeffrey Hart to its Board of Directors effective February 1.
Foret is Executive Vice President and Chief Financial
Officer of Northwest Airlines in Minneapolis, Minnesota.
Prior to joining Northwest Airlines, he was President of KLC,
Inc. Foret's career includes seventeen years of service with
Continental Airlines Holding, Inc. in executive management
positions. He received a BS in Business Administration and an
MBA from Louisiana State University.
Grant is Senior Vice President and Chief Financial
Officer of Electronic Data Systems (EDS) Corporation, an $8.5
billion division of General Motors Corporation, in Plano,
Texas. He has served EDS for five years. Grant's career
includes twenty-six years in the banking industry, fifteen
years of which were with Texas American Bancshares
Incorporated in executive management positions including four
years as Chairman and Chief Executive Officer. He serves on
the corporate boards of EDS, American Eagle Group,
Incorporated and Heritage Media Corporation. Grant received a<PAGE>
BBA in Finance from Southern Methodist University and an MBA
in Finance and Ph.D. from The University of Texas.
Hart is President of Tulsa, Oklahoma based Mapco
Petroleum, Inc., the $1.1 billion division of Mapco,
Incorporated, which operates refineries, retail gas stations
and convenience stores. He has served in this position since
1986 and has held other executive management positions with
Mapco since joining the company in 1979. Hart's career spans
twenty-nine years in the energy industry. He serves on the
corporate board of PacifiCare of Oklahoma. Hart earned a BS
in Chemical/Petroleum Refining and an MS in Mineral/Energy
Economics from the Colorado School of Mines.
The director search was conducted by NorAm Energy's
Governance Committee led by Robert C. Hanna with the
assistance of Korn/Ferry International. The search criteria
specified candidates who were recognized as change managers in
their industry, and who had experience with companies which
either had gone through deregulation, which place a high
priority on customer service or which serve energy needs.
Milt Honea, Chairman, President and CEO of NorAm Energy,
stated "We are pleased to welcome Foret, Grant and Hart to
NorAm Energy's board. We believe the experience they bring as
change agents in deregulating industries and their strong
financial backgrounds will complement our board."<PAGE>
This brings NorAm Energy's board to fifteen members, two
of whom will retire at the upcoming annual shareholders'
meeting in May.
NorAm Energy Corp., formerly Arkla, Inc., is the nation's
third largest natural gas distribution company serving 2.7
million customers through its Entex, Arkla and Minnegasco
operating divisions. NorAm Energy is also a major natural gas
pipeline and energy marketer providing supply, gathering,
storage and transportation services. NorAm Energy trades
under the "NAE" ticker symbol.
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