ONEOK, Inc. (NYSE:OKE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02
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Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
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We announced the following management changes effective May
25, 2017:
Walter S. Hulse III, 53, who currently serves as Executive
Vice President, Strategic Planning and Corporate Affairs of ONEOK, Inc. (ONEOK) and ONEOK Partners GP, L.L.C. (ONEOK Partners GP), the sole general partner of ONEOK Partners, L.P., will become Chief Financial Officer and Executive Vice President, Strategic Planning and Corporate Affairs of ONEOK and ONEOK Partners GP. Mr. Hulse has served as Executive Vice President, Strategic Planning and Corporate Affairs of ONEOK and ONEOK Partners GP since his hiring in 2015. Beginning in 2010, until his hiring, Mr. Hulse served as the Managing Member of Spinnaker Strategic Advisory Services, LLC, which provided consulting services to mid-cap and large-cap publicly traded companies.
Kevin L. Burdick, 52, who currently serves as Executive
Vice President, Chief Commercial Officer of ONEOK and ONEOK Partners GP will become Executive Vice President and Chief Operating Officer of ONEOK and ONEOK Partners GP. Mr. Burdick has served as Executive Vice President, Chief Commercial Officer of ONEOK and ONEOK Partners GP since March 2017 and, prior to that time, served as Senior Vice President of Natural Gas Gathering and Processing of ONEOK and ONEOK Partners GP beginning in February 2016, Vice President, Natural Gas Gathering and Processing of ONEOK and ONEOK Partners GP from January 2013 until February 2016 and Vice President, Chief Information Officer of ONEOK and ONEOK Partners GP from July 2009 until December 2012.
Derek S. Reiners, 46, who currently serves as Senior Vice
President, Chief Financial Officer and Treasurer of ONEOK and ONEOK Partners GP will become Senior Vice President, Finance and Treasurer of ONEOK and ONEOK Partners GP. Mr. Reiners has served as Senior Vice President, Chief Financial Officer and Treasurer of ONEOK and ONEOK Partners GP since 2012 and, prior to that time, served as Senior Vice President and Chief Accounting Officer of ONEOK and ONEOK Partners GP since his hiring in 2009.
All of these officers are eligible to participate in the
compensation and benefit plans described under the Executive Compensation Discussion and Analysis on pages 42 through 67 of ONEOKs Proxy Statement relating to its 2017 Annual Meeting of Shareholders, as originally filed with the United States Securities and Exchange Commission on April 6, 2017 (and such descriptions are incorporated herein by this reference). |
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Item 7.01
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Regulation FD Disclosure
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On May 25, 2017, we announced the appointment of certain
officers. A copy of the news release is attached as Exhibit 99.1 and is incorporated herein by reference.
The information disclosed in this Item 7.01, including
Exhibit 99.1 hereto, is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or otherwise subject to the liabilities under that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act except as expressly set forth by specific reference in such filing. |
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Item 9.01
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Financial Statements and Exhibits
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(d)
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Exhibits
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Exhibit
Number
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Description
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99.1
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News release of ONEOK, Inc. and of ONEOK Partners,
L.P. dated May 25, 2017, announcing officer appointments. |
About ONEOK, Inc. (NYSE:OKE)
ONEOK, Inc. is the sole general partner of ONEOK Partners, L.P. (ONEOK Partners), a master limited partnership engaged in the gathering, processing, storage and transportation of natural gas in the United States. The Company operates through three business segments: Natural Gas Gathering and Processing, Natural Gas Liquids and Natural Gas Pipelines. The Natural Gas Gathering and Processing segment provides non-discretionary services to producers that include gathering and processing of natural gas produced from crude oil and natural gas wells. The Natural Gas Liquids segment owns and operates facilities that gather, fractionate, treat and distribute natural gas liquids (NGLs), and store NGL products, primarily in Oklahoma, Kansas, Texas, New Mexico and the Rocky Mountain region. The Natural Gas Pipelines segment owns and operates regulated natural gas transmission pipelines and natural gas storage facilities. ONEOK, Inc. (NYSE:OKE) Recent Trading Information
ONEOK, Inc. (NYSE:OKE) closed its last trading session down -0.09 at 51.57 with 4,524,482 shares trading hands.
