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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
November 14, 1997
Date of Report (Date of earliest event reported)
ONEOK Inc.
(Exact name of registrant as specified in its charter)
Delaware 1-2572 73-0383100
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
100 West Fifth Street; Tulsa, OK
(Address of principal executive offices)
74103
(Zip code)
(918) 588-7000
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
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Items 1 - 4. Not Applicable.
Item 5. Other Events.
ONEOK Inc. (The Company) announced new executives assignments
to maximize opportunities available as the natural gas industry restructures in
Oklahoma and as ONEOK and Western Resources, Inc., combine gas assets in
Oklahoma and Kansas.
On August 22, 1997 and September 25, 1997 the Company issued
press releases, copies of which are attached hereto as exhibit 1.a and 1.b and
incorporated herein by reference.
Item 6. Not Applicable
Item 7. Financial Statements, Pro Forma Financial Information and
Exhibits.
Exhibit
No. Description
- ------- -----------
1.a Press release issued by ONEOK Inc. dated August 22, 1997.
1.b Press release issued by ONEOK Inc. dated September 25, 1997.
Item 8. Not Applicable
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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, on this 14th of November, 1997.
ONEOK Inc.
By: Jerry D. Neal
-------------------------------
Vice President, Chief Financial
Officer, and Treasurer
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EXHIBIT INDEX
<TABLE>
<CAPTION>
EXHIBIT
NO. DESCRIPTION
- ------- -----------
<S> <C>
1.a Press release issued by ONEOK Inc. dated August 22, 1997.
1.b Press release issued by ONEOK Inc. dated September 25, 1997.
</TABLE>
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Exhibit 1.a
[ONEOK INC. FINANCIAL NEWS LETTERHEAD]
For Immediate Release August 22, 1997
ONEOK RESETS EXECUTIVE LINEUP
TULSA, OK -- ONEOK Inc. (NYSE: OKE) announced new executive assignments
following its monthly board meeting yesterday. Larry W. Brummett, chairman of
the board, president and chief executive officer of ONEOK Inc., said, "We will
be organized to maximize opportunities available as the natural gas industry
restructures in Oklahoma and as ONEOK and Western Resources, Inc., combine gas
assets in Kansas and Oklahoma. In addition, we are making a strong commitment to
our unregulated business units as they pursue greater contributions to ONEOK
Inc."
Reporting to Brummett will be David L. Kyle, 45, former president and
chief operating officer, Oklahoma Natural Gas company, who will be president and
chief operating officer of ONG Transmission Company and all unregulated
companies--ONEOK Gas Marketing Company; ONEOK Resources Company; ONEOK Producer
Services Company; ONEOK Products Company; and, after the closing of the Western
Resources, Inc., strategic alliance, the companies now named Mid Continent
Marketing Center, Inc.; Westar Gas Marketing, Inc; and a retail gas marketing
organization to be built in the coming months in anticipation of further
deregulation in Oklahoma.
Also reporting to Brummett, James C. Kneale, 46, vice president, ONEOK
Resources Company, will become president and chief operating officer, Oklahoma
Natural Gas Company; Deborah Barnes, 43, vice president - human president -
human resources and administration, Transok, Inc., will
-more-
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2
become corporate secretary and associate general counsel, ONEOK Inc.; Barry D.
Epperson, 52, vice president - accounting, Oklahoma Natural Gas Company, will
become vice president, controller and chief accounting officer, ONEOK Inc.;
Eldridge H. Luber, 49, manager - governmental affairs, Oklahoma Natural Gas
Company, will become manager - governmental affairs, ONEOK Inc.; Jerry K. Myers,
58, senior vice president - Oklahoma Natural Gas Company, will become vice
president - administration, ONEOK Inc.; Jerry D. Neal, 58, vice president, chief
financial officer and treasurer, ONEOK Inc.; Weldon L. Watson, 49, Manager
investor relations, Oklahoma Natural Gas Company, will become vice president -
communications, ONEOK Inc.
Reporting to Kyle will be Edmund J. Farrell, 54, now vice president - customer
services, Oklahoma Natural Gas Company, who will build the retail gas marketing
organization; Stephan R. Guy, 43, vice president - operations, Oklahoma Natural
Gas Company, will become vice president, ONG Transmission Company; J.D. Holbird,
48, district vice president - Tulsa, Oklahoma Natural Gas Company, will become
vice president, ONEOK Resources Company; Donald T. Jacobsen, 49, vice president,
ONEOK Producer Services Company; Billy Maxwell, 37, director - risk services,
ONEOK Gas Marketing Company, will become vice president - risk management, ONEOK
Gas Marketing Company; Samuel H. McVay Jr., 53, vice president, ONEOK Products
Company; Christopher R. Skoog, 34, vice president, ONEOK Gas Marketing Company;
Winsford N. Spears, 61, vice president - information technology, Oklahoma
Natural Gas Company, will become vice president - information technology, ONEOK
Inc.
Reporting to Jim Kneale will be Roy L. Clymer, 59 district vice
president - Enid, Oklahoma Natural Gas Company; Samuel Combs III, 40, district
vice president - Oklahoma City, Oklahoma Natural Gas Company; Fred D. Helms, 64,
district vice president - Muskogee, Oklahoma Natural Gas Company; Carl J.
Holiday, 53, district vice president - Shawnee,
-more-
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Oklahoma Natural Gas Company, will become district vice president - Tulsa,
Oklahoma Natural Gas Company; Charles C. Hopper, 62, senior vice president -
Oklahoma City, Oklahoma Natural Gas Company; Daniel C. Walker, 44, general
manager - pipeline operations, Oklahoma Natural Gas Company, will become vice
president - operations, Oklahoma Natural Gas Company; Sherman W. "Pete" Walker,
46, general manager - gas purchase and reserves, Oklahoma Natural Gas Company,
will become vice president - gas supply, Oklahoma Natural Gas Company.
Following the closing of the merger, Eugene N. Dubay, 48, vice
president - corporate development, ONEOK Inc., will assume leadership
responsibilities for the regulated Kansas properties and report to Brummett.
James Clark, 57, vice president - MIS and telecommunications, Western
Resources, Inc., and Bill Eliason, 45, vice president - gas services, Western
Resources, Inc., will transfer to ONEOK Inc. and report to Dubay. Phyllis
Worley, 47, area manager (Ponca city), Enid District, Oklahoma Natural Gas
Company, will become director - southern region (Wichita), Kansas Gas Service
Company, and report to Dubay.
David Roth, 42, vice president - human resources, Western Resources,
Inc., will transfer to ONEOK Inc. and report to Kyle.
Thomas Shea, 47, treasurer, Western Resources, Inc., will transfer to
ONEOK Inc. and report to Neal.
The company's stock is traded on the New York Stock Exchange under the
trading symbol of OKE. ONEOK has outstanding 27.9 shares outstanding.
# # # #
Information is available on the Internet World Wide Web at http://www.oneok.com
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Exhibit 1.b
[ONEOK INC. NEWS LETTERHEAD]
For Immediate Release September 25, 1997
ONEOK NAMES DAVID KYLE PRESIDENT
AND CHIEF OPERATING OFFICER
TULSA, OK -- Larry W. Brummett, chairman, president and chief executive
officer of ONEOK Inc. (NYSE: OKE), announced today that David Kyle will become
president and chief operating officer of ONEOK Inc. effective October 1, 1997.
Brummett will continue as chairman and chief executive officer.
David L. Kyle, 45, currently serves as president and chief operating
officer of ONG Transmission Company and all unregulated companies of ONEOK Inc.,
including ONEOK Gas Marketing, ONEOK Resources Company, ONEOK Producer Services
Company, and ONEOK Products Company. Previously, he was president of Oklahoma
Natural Gas Company.
Kyle is a native of Wichita, Kansas, was raised in Oklahoma City and
received a B. S. degree in industrial engineering and management form Oklahoma
State University in 1974. He received an MBA degree in 1987 from the University
of Tulsa, and also is a graduate of the Advanced Management Program at Harvard
Business School.
A member of the Oklahoma and National Societies of Professional
Engineers, he also has been active in a variety of other professional, business
and community organizations. Kyle is a member of the Oklahoma State Commission
on Natural Gas Policy, the Oklahoma Independent Petroleum Association, and the
American and Southern Gas Associations. He is director of Liberty Bank & Trust
Company in Oklahoma City, a trustee of the Institute of Gas Technology and a
trustee of the University of Tulsa.
# # #
Information is available on the Internet World Wide Web at http://www.oneok.com
