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: October 1, 1998
LG&E ENERGY CORP.
(Exact name of registrant as specified in its charter)
Kentucky 1-10568 61 - 1174555
(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
220 West Main Street
P.O. Box 32030
Louisville, KY 40232
(Address of principal executive offices)
(502) 627-2000
(Registrant's telephone number)
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Item 5. Other Events.
On October 1, 1998, Michael R. Whitley, Vice Chairman of the Board of
Directors, President and Chief Operating Officer of LG&E Energy Corp. (the
"Company") announced his retirement, effective November 1, 1998. Mr.
Whitley is also retiring from the positions of Vice Chairman of the Board
of Directors and Chief Operating Officer of Louisville Gas and Electric
Company and Kentucky Utilities Company, two public utility subsidiaries of
the Company.
A news release of the Company describing the above matter is filed with
this report as Exhibit 99.01 and is incorporated herein by reference.
Item 7(c). Exhibits Filed.
Exhibit
Number Description
99.01 News Release dated as of October 1, 1998.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.
LG&E ENERGY CORP.
Registrant
/s/ John R. McCall
John R. McCall
Executive Vice President, General
Counsel and Corporate Secretary
Date: October 2, 1998
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<PAGE>
EXHIBIT INDEX
LG&E ENERGY CORP.
Current Report on Form 8-K
Dated October 1, 1998
Exhibits
Exhibit No. Description
99.01 News Release dated as of October 1, 1998.
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Exhibit 99.01
LG&E Energy Corp. Vice Chairman and Chief Operating Officer
Michael R. Whitley Announces November 1, 1998 Retirement
LOUISVILLE, Ky., Oct. 1 -- Michael R. Whitley, vice chairman and chief
operating officer of LG&E Energy Corp. (NYSE: LGE) today announced his plan
to retire from the company on November 1. Prior to his current position,
Whitley was chairman, president and chief executive officer of KU Energy
Corp., which completed its merger into LG&E Energy in May 1998.
"The combination of KU Energy and LG&E Energy earlier this year has created
a dynamic new company that is well prepared for the coming era of
competition in this industry," Whitley said. "The shareholders and
employees of the new LG&E Energy should be pleased with the organization we
have built and feel confident about its future," he added.
"For me personally, a smooth and effective transition has been my primary
task for more than a year and I am delighted with the results. Because of
this, I feel the timing is right for me to retire," Whitley said. Whitley
spent his entire career in the energy business by serving 34 years at KU
Energy and its predecessors. He began as an office supervisor in
Campbellsville, Ky., in 1964 and held numerous management positions. He
was named vice president Finance and corporate secretary in 1978; senior
vice president Finance and Administration and CFO in 1987; executive vice
president and chief operating officer in 1994; chairman, president and CEO
in 1995; and has been in his current position since May.
"Mike has been a leader in the electric utility industry for years and has
been a key business partner as we have built LG&E Energy Corp. into a
company positioned to prosper in the coming years," said LG&E Energy Corp.
Chairman and Chief Executive Officer Roger W. Hale. "I have enjoyed our
working relationship over the years and am proud to call Mike a colleague
and friend." "I am pleased with the merger transition and the results we
are achieving," Whitley added. "I feel very good about the future of our
company and leave knowing it is in good hands."
Whitley's position of vice chairman and chief operating officer will not be
back filled at the present time.
LG&E Energy Corp., a Fortune 500 company headquartered in Louisville, Ky.,
is a diversified energy services and marketing company with businesses in
asset-based energy marketing; power generation and project development; and
retail gas and electric utility services.
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