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 (DATE OF EARLIEST EVENT REPORTED): APRIL 24, 2000
STEWART & STEVENSON SERVICES, INC.
(Exact name of registrant as specified in its charter)
TEXAS 0-8493 74-1051605
(State or other (Commission File Number) (I.R.S. Employer
jurisdiction Identification No.)
of incorporation)
2707 NORTH LOOP WEST
HOUSTON, TEXAS 77008
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (713) 868-7700
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Item 5. Other Events.
On April 24, 2000, Stewart & Stevenson Services, Inc. (the "Company") issued the
press release attached hereto as Exhibit 99.1 announcing a New Vice President of
Strategic Operations.
Item 7. Exhibits.
Exhibit 99.1 Company Press Release dated April 24, 2000, titled "Stewart &
Stevenson Announces New Vice President of Strategic Operations."
<PAGE>
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: April 24, 2000 By: /s/ LAWRENCE E. WILSON
Name: Lawrence E. Wilson
Title: Vice President, Secretary
and General Counsel
<PAGE>
EXHIBIT INDEX
99.1 Company Press Release April 24, 2000, titled "Stewart & Stevenson
Announces New Vice President of Strategic Operations."
Exhibit 99.1
News From: Stewart & Stevenson
Corporate Headquarters
P.O. Box 1637
Houston, TX 77251-1637
FOR IMMEDIATE RELEASE:
STEWART & STEVENSON SERVICES, INC. ANNOUNCES NEW VICE PRESIDENT OF
STRATEGIC OPERATIONS
HOUSTON, TX - April 24, 2000 - STEWART & STEVENSON SERVICES, INC.
(NASDAQ:SSSS), a leading manufacturer, distributor, and provider of service for
industrial and energy related equipment, and a manufacturer of medium tactical
vehicles for the U.S. Army, announced today the appointment of Mr. Ralph T.
"Skip" Tierno, Vice President of Strategic Operations. Mr. Tierno will be
responsible for the Company's new business development, internal growth
initiatives, supply chain management/e-commerce initiatives, and mergers and
acquisitions.
Mr. Tierno is a graduate of the United States Military Academy, West Point,
with a Bachelor of Science in Engineering and holds a Masters degree in Finance
from Webster College. Prior to this assignment, he held the position of Vice
President of Supply Chain Management for Stewart & Stevenson. Mr. Tierno's
previous assignments include vice president and general manager positions with
Schlumberger Industries and president of Clarostat Sensors & Control, Inc. in El
Paso, Texas. This new appointment will enhance the Company's focus on
accelerating its strategy to grow new businesses, while continuing the
profitable growth of our core business. Skip has demonstrated a strong
performance-based team approach to business leadership. "I am confident in his
abilities to achieve our strategic objectives, and I am very pleased to have him
in this key executive role," said Michael L. Grimes, President and CEO of
Stewart & Stevenson Services, Inc.
Contact: Mr. David R. Stewart
Treasurer
Phone: (713) 868-7657
Fax: (713) 863-1519
Email: [email protected]
HTTP://www.ssss.com