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 OfficersItem 5.02
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
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Effective May 2, 2017, Kevin S. McCarthy resigned as a director of ONEOK, Inc. (the “Company”) in connection with Mr. McCarthy’s increased responsibilities as Chairman of Kayne Anderson Acquisition Corp, which completed its IPO in April 2017. Mr. McCarthy’s resignation from the Company’s Board of Directors (the “Board”) did not result from any disagreement with the Company on any matter relating to its operations, policies or practices. In connection with Mr. McCarthy’s resignation, the size of the Board was reduced from 11 members to 10 members.
The Company appreciates Mr. McCarthy’s commitment and service to the Board.
Mr. McCarthy had been included as a nominee of the Board in the Company’s definitive proxy statement and proxy card for the Company’s 2017 Annual Meeting of Shareholders. In light of his departure from the Board, Mr. McCarthy is no longer standing for re-election to the Board at the 2017 Annual Meeting, and the Company’s proxy materials are hereby deemed amended to remove Mr. McCarthy as a nominee for the 2017 Annual Meeting. The Company’s slate of nominees otherwise remains unchanged, previously voted proxies remain valid (other than with respect to Mr. McCarthy) and Company shareholders eligible to vote at the 2017 Annual Meeting may continue to use their proxy cards to vote their shares as to the Board’s remaining nominees and the other matters being voted on at the 2017 Annual Meeting.
