FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report: July 26, 1995
Commission file number 1-1097
OKLAHOMA GAS AND ELECTRIC COMPANY
(Exact name of registrant as specified in its charter)
Oklahoma 73-0382390
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
101 North Robinson
P. O. Box 321
Oklahoma City, Oklahoma 73101-0321
(Address of principal executive offices)
(Zip Code)
405-553-3000
(Registrant's telephone number, including area code)
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Item 5. Other Events
On July 19, 1995, the Company issued the following news releases:
NEW PRESIDENT NAMED FOR OG&E
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Steven E. Moore was named president and chief operating officer of
Oklahoma Gas and Electric Company today by the company's board of
directors. James G. Harlow Jr. will retain the titles of chairman and
chief executive officer.
"I am very pleased that OG&E has a person of Steve's ability to
step into this leadership position," Harlow said. "He brings a wide
range of experience in the regulatory affairs and operating areas that
will serve OG&E well as the electric utility industry becomes more
competitive."
Moore is a native of Altus, Oklahoma, and holds both a bachelors
and law degree from the University of Oklahoma. He has been with OG&E
for 21 years, 12 as an officer. Before his elevation to president, he
was senior vice president, Law and Public Affairs. He has also served
on a wide variety of operational groups within OG&E including those
that oversee the company's fuel supply, regulatory policies and
internal process improvement.
Moore has also served on many industry wide committees in the
electric utility industry and is a member of the Interstate Oil and
Gas Compact Commission legal committee, having been appointed by two
Oklahoma governors.
"OG&E has a topflight management team that I have been privileged
to be a part of for many years. I am very excited about working with
them in this new position," Moore said.
Moore and his wife, Nancy, have a daughter and a son and live in
Oklahoma City.
<PAGE>
OG&E BOARD APPROVES CREATING A HOLDING COMPANY
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Oklahoma Gas and Electric Company Board of Directors met today and
voted to create a holding company that would serve as a parent
company to Oklahoma Gas and Electric Company, Enogex Inc. and its
subsidiaries. Regulatory and shareowner approval are needed before
final action can be taken. It is expected the process will be
completed in late 1995.
Forming a holding company would position OG&E to more easily
respond to the challenges of increased competition within the electric
utility industry. It would also provide OG&E the flexibility to more
fully consider opportunities beyond the regulated part of the
business.
"We are still committed to the sound business principles that have
made OG&E a strong, successful company for almost a century," said
OG&E chairman and chief executive officer James G. Harlow Jr. "Forming
a holding company is a way to increase our responsiveness to
opportunities and to competition."
"Holding companies are not new to the utility business. At least
two other utilities in Oklahoma have been structured this way for
years," said Harlow.
Harlow also said that OG&E customers will see no change in their
electric service if a holding company is formed.
OG&E is Oklahoma's largest investor-owned electric utility.
Enogex, presently an OG&E subsidiary, is a natural gas gathering,
transportation, processing and marketing company whose core business
has been to deliver natural gas to OG&E power plants.
<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 thereunto duly authorized.
OKLAHOMA GAS AND ELECTRIC COMPANY
(Registrant)
By /s/ D L YOUNG
----------------------------
D L YOUNG
CONTROLLER
(On behalf of the registrant and in
his capacity as Chief Accounting Officer)
July 26, 1995
