What is the main purpose of this 8-K filing?

This 8-K filing primarily announces a planned leadership transition within ONEOK's legal department. It details the appointment of Stephen W. Lake as the successor General Counsel and the upcoming retirement of the current General Counsel, John R. Barker.

When will Stephen W. Lake officially take over as General Counsel?

Stephen W. Lake will officially assume the role of General Counsel upon the retirement of John R. Barker on December 31, 2011. Prior to that, Mr. Lake will join ONEOK on July 1, 2011, in a transitional capacity as Senior Vice President, Associate General Counsel, and Assistant Secretary.

Will Stephen W. Lake also hold a position with ONEOK Partners?

Yes, upon John R. Barker's retirement, Stephen W. Lake will become Senior Vice President, General Counsel, and Assistant Secretary for both ONEOK, Inc. and ONEOK Partners GP, L.L.C., the general partner of ONEOK Partners, L.P.

How will Mr. Lake's compensation be determined?

Mr. Lake will be eligible to participate in the benefit plans described in ONEOK, Inc.'s Proxy Statement relating to its 2011 Annual Meeting of Shareholders, as filed with the SEC on April 4, 2011.

OKE 8-K: Leadership Changes

Summary

ONEOK Inc. (OKE) announced a significant leadership transition within its legal department via an 8-K filing on May 31, 2011. Stephen W. Lake has been elected as the successor General Counsel to John R. Barker, who is scheduled to retire on December 31, 2011. Mr. Lake, aged 47, will commence his tenure with ONEOK on July 1, 2011, initially serving as Senior Vice President, Associate General Counsel, and Assistant Secretary, reporting to Mr. Barker. This appointment signifies a planned and orderly succession for a key executive role within the company, ensuring continuity in legal operations and strategy.

Key Highlights

1Stephen W. Lake appointed as the successor General Counsel.
2Current General Counsel John R. Barker will retire on December 31, 2011.
3Mr. Lake will join ONEOK on July 1, 2011, in a transitional role.
4Upon retirement of Mr. Barker, Mr. Lake will assume full General Counsel responsibilities for ONEOK and ONEOK Partners GP.
5Mr. Lake's compensation will align with the company's established benefit plans as detailed in the 2011 Proxy Statement.
6The appointment is intended to ensure a smooth and effective leadership transition in the legal department.

ONEOK INC /NEW/ 8-K Report, Executive Changes (Jun 1, 2011)

Summary

Key Highlights

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