FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): JANUARY 19, 1999
STEWART & STEVENSON SERVICES, INC.
(Exact name of registrant as specified in its charter)
TEXAS 0-8493 74-1051605
(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation) Identification No.)
2707 NORTH LOOP WEST
HOUSTON, TEXAS 77008
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (713) 868-7700
Item 5. Other Events.
On January 19, 1999, Stewart & Stevenson Services, Inc. (the "Company") issued
the press release attached hereto as Exhibit 99.1 announcing that Mr. Robert L.
Hargrave has resigned from his positions as President, Chief Executive Officer
and Director of the Company.
Item 7. Exhibits.
Exhibit 99.1 Company Press Release dated January 19, 1999 titled "Stewart &
Stevenson Chief Executive Officer Resigns."
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.
STEWART & STEVENSON SERVICES, INC.
Date: January 19, 1999 By: /s/ C. JIM STEWART II
Name: C. Jim Stewart II
Title: President and Chief Executive
Officer
EXHIBIT INDEX
99.1 Company Press Release dated January 19, 1999 titled "Stewart &
Stevenson Chief Executive Officer Resigns."
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Exhibit 99.1
NEWS FROM: STEWART & STEVENSON
CORPORATE HEADQUARTERS
P.O. BOX 1637
HOUSTON, TX 77251-1637
FOR IMMEDIATE RELEASE:
STEWART & STEVENSON CHIEF EXECUTIVE OFFICER RESIGNS
HOUSTON, TX, January 19, 1999 STEWART & STEVENSON SERVICES, INC.
(NASDAQ:SSSS), a leading manufacturer and distributor of industrial and energy
related equipment, announced the resignation of Robert L. Hargrave as its
president, chief executive officer and member of the board of directors
effective January 15, 1999. Mr. Hargrave retires from the company with
thirty-one years of service. C. Jim Stewart II, Chairman of the Board, stated
that he was very appreciative of Mr. Hargrave's many years of dedicated service.
He also announced the company would immediately commence a search for a new
chief executive officer. Pending selection of a new CEO, Mr. Stewart will be
acting president and chief executive officer.
Contact: Mr. David R. Stewart
Director, Investor Relations
Phone: (713) 868-7657
Fax: (713) 863-1519
Email: [email protected]
HTTP://www.ssss.com
