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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) July 1, 1998
Oglethorpe Power Corporation
(An Electric Membership Corporation)
(Exact name of Registrant as specified in its charter)
GEORGIA 33-7591 58-1211925
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
Post Office Box 1349 30085-1349
2100 East Exchange Place (Zip Code)
Tucker, Georgia
(Address of principal executive offices)
Registrant's telephone number, including area code (770) 270-7600
None
(Former name or former address, if changed since last report)
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Item 5. Other Events.
On June 29, 1998, Oglethorpe Power Corporation ("Oglethorpe")
announced the resignation of Tom D. Kilgore, as President and Chief
Executive Officer and Director of Oglethorpe. Mr. Kilgore is leaving to
accept a position as Senior Vice President of Power Operations with
Carolina Power and Light Company in Raleigh, North Carolina. There are
no disagreements between Mr. Kilgore and Oglethorpe relating to
Oglethorpe's operations, policies or practices.
The effective date of his resignation is contingent on
Oglethorpe's selection of an interim CEO, but is expected within the
next thirty to sixty days. Mr. Kilgore has agreed to work closely with
the Board and interim CEO to ensure a smooth transition.
Mr. Kilgore's resignation will also be effective as President
and Chief Executive Officer and director of both Georgia Transmission
Corporation and Georgia System Operations Corporation.
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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 hereunto duly authorized.
OGLETHORPE POWER CORPORATION
(An Electric Membership Corporation)
Date: July 1, 1998 By: /s/ J. Calvin Earwood
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J. Calvin Earwood
Chairman of the Board
(Principal Executive Officer)
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