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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
Date of Report: April 19, 1999
MORRISON KNUDSEN CORPORATION
Commission File Number 1-12054
A Delaware corporation
IRS Employer Identification No. 33-0565601
MORRISON KNUDSEN PLAZA, BOISE, IDAHO 83729
208/386-5000
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Item 5. Other Material Important Events.
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On April 19, 1999, the Company announced that Reed N. Brimhall has been
named Vice President and Controller of the Company and that Douglas L. Brigham,
formerly Vice President and Controller, was appointed as senior vice president
and chief financial officer of the MK Engineers and Constructors Group based in
Cleveland. (See the attached press release dated April 19, 1999 filed as
Exhibit 99.1 hereto and incorporated herein by this reference.)
Signature
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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.
MORRISON KNUDSEN CORPORATION
/s/ Stephen G. Hanks
April 21, 1999 By:
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Stephen G. Hanks
Executive Vice President,
Chief Legal Officer and Secretary
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EXHIBIT 99.1
[ATTACHED]
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[MORRISON KNUDSEN NEWS RELEASE LETTERHEAD]
April 19, 1999
MORRISON KNUDSEN CORPORATION ANNOUNCES EXECUTIVE APPOINTMENTS
BOISE - Dennis R. Washington, president and chief executive officer of
Morrison Knudsen Corporation, today announced the appointments of three
executives to new positions in the company.
Reed Brimhall has been elected corporate vice president and controller,
based at the company's headquarters in Boise, Idaho. He has served as vice
president of audit and government accounting since joining the company in 1997.
Brimhall came to MK from SCIENTECH, Inc., where he was secretary and controller.
He earlier served as senior associate dean of finance and administration,
director of government cost and rate studies, and director of internal audit at
Stanford University; and senior audit and consulting manager at Deloitte &
Touche. Brimhall is an accounting graduate of Idaho State University and a CPA.
Douglas L. Brigham will serve as senior vice president and chief financial
officer of the MK Engineers & Constructors Group, based in Cleveland. Brigham
joined MK in 1987 and most recently held the position of vice president and
controller at the company's headquarters in Boise. Previous positions with MK
include: vice president and treasurer, manager of investor relations, and
manager of corporate finance. He is a business administration graduate of
Albertson College of Idaho and holds an MBA from Boise State University.
Jonathan M. Robertson will serve as senior vice president, strategic
development and general counsel for the MK Engineers & Constructors Group in
Cleveland. Robertson has been with MK since 1992, serving as associate general
counsel and has been instrumental in the company's transactional work. Prior to
joining MK, he held positions in the mergers and acquisitions, corporate
finance, project finance and public finance departments of the law firm of
Skadden, Arps, Slate, Meagher & Flom. Robertson earned a Juris Doctorate degree
from the University of Southern California and bachelors and masters degrees
from Trinity Hall, Cambridge University in England. He is a candidate for the
CFA designation.
"The experience and capabilities that these three individuals bring to MK
is unsurpassed in the industry," said Washington. "We anticipate strong growth
for the Engineers &
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Constructors Group and it is important that we have the organizational structure
to support this growth. Our plan is to build an organization that strengthens
the entire company and enhances MK's ability to serve both our public- and
private-sector clients."
Morrison Knudsen Corporation (MK-NYSE) has 22,000 people at work in more
than 35 countries serving the energy, environmental, government, heavy-civil,
industrial, mining, nuclear services, operation and maintenance, process,
transportation, and water-resource markets as an engineer, constructor, and
program manager.
# # # #
This news release contains "forward-looking statements" within the meaning of
the private securities litigation reform act of 1995, which are identified by
the use of forward-looking terminology such as "may", "will," "could," "should",
"expect," "anticipate," "intend," "plan," "estimate," or "continue" or the
negative thereof or other variations thereof. Such forward-looking statements
are necessarily based on various assumptions and estimates and are inherently
subject to various risks and uncertainties, including risks and uncertainties
relating to the possible invalidity of the underlying assumptions and estimates
and possible changes or developments in social, economic, business, industry,
market, legal, and regulatory circumstances and conditions and actions taken or
omitted to be taken by third parties, including the corporation's customers,
suppliers, business partners, and competitors and legislative, regulatory,
judicial, and other governmental authorities and officials.
