8-KOther Events

ONEOK INC /NEW/ 8-K Report (Aug 20, 2004)

Filed August 20, 2004For Securities:OKE

Summary

ONEOK, Inc. announced significant organizational changes within its finance and administration functions on August 20, 2004. The most notable change is the appointment of Jim Kneale as Executive Vice President -- Finance and Administration and Chief Financial Officer (CFO). This move consolidates key financial and administrative responsibilities under his leadership, signaling a strategic realignment aimed at enhancing operational efficiency and financial oversight. These appointments reflect a restructuring designed to clarify reporting lines and leverage expertise within the company's financial and administrative departments. The board's decisions aim to strengthen the financial leadership team, ensuring robust management of the company's fiscal operations and strategic financial planning. Investors should view these changes as a step towards potentially improved financial accountability and strategic financial direction for ONEOK.

Key Highlights

  • 1Jim Kneale appointed Executive Vice President -- Finance and Administration and Chief Financial Officer (CFO).
  • 2Lamar Miller named Senior Vice President -- Financial Services and Treasurer.
  • 3Ed Farrell named Senior Vice President -- Administration.
  • 4Curtis Dinan promoted to Senior Vice President and retains Chief Accounting Officer role.
  • 5Caron Lawhorn appointed Vice President and Controller.
  • 6Beverly Monnet named Vice President of Audit and Risk Control.
  • 7Reorganization aims to streamline finance and administration functions and clarify reporting structures.

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