What is Mary M. Spears' background and experience relevant to her new role?

Mary M. Spears has been with ONEOK since August 2015 as Director of SEC Reporting and Corporate Accounting. Prior to that, she held the position of Accounting Director for the natural gas liquids segment from December 2008 to July 2015. She is also a certified public accountant.

Are there any special compensation arrangements or conflicts of interest for Mary M. Spears?

The filing states that Ms. Spears is eligible to participate in the executive compensation and benefit plans described in the company's 2018 Proxy Statement. There are no disclosed arrangements or understandings for her selection, nor any family relationships with other directors or officers. She also has no reportable direct or indirect interest in any transactions.

What is the significance of Sheppard F. Miers III's role change?

Mr. Miers is transitioning from his role as Chief Accounting Officer to Vice President, Tax and Risk. This indicates a shift in his responsibilities, moving towards specialized areas of tax and risk management, while a new officer takes over the Chief Accounting Officer duties.

OKE 8-K: Leadership Changes

Q: What are the key executive changes at ONEOK as reported in this 8-K?

ONEOK announced that effective March 1, 2019, Sheppard F. Miers III will move from Vice President and Chief Accounting Officer to Vice President, Tax and Risk, and Mary M. Spears will be appointed as the new Vice President and Chief Accounting Officer.

Summary

ONEOK Inc. (OKE) filed an 8-K report on February 25, 2019, detailing executive officer changes effective March 1, 2019. The primary change involves Sheppard F. Miers III transitioning from Vice President and Chief Accounting Officer to Vice President, Tax and Risk. This move signifies a reshuffling of key financial leadership roles within the company. Mary M. Spears will assume the role of Vice President and Chief Accounting Officer. Ms. Spears brings extensive experience from her previous positions within ONEOK, including Director of SEC Reporting and Corporate Accounting. Her appointment to this critical financial oversight role is a key development for investors monitoring the company's financial reporting and compliance. The filing also confirms that Ms. Spears' compensation will align with existing executive plans, with no unusual arrangements or disclosed conflicts of interest.

Key Highlights

1Executive leadership changes announced, effective March 1, 2019.
2Sheppard F. Miers III will transition from Vice President and Chief Accounting Officer to Vice President, Tax and Risk.
3Mary M. Spears appointed as the new Vice President and Chief Accounting Officer.
4Ms. Spears has significant internal experience, having served as Director of SEC Reporting and Corporate Accounting since August 2015.
5Ms. Spears' compensation will be governed by the company's established executive compensation and benefit plans.
6No disclosed arrangements, understandings, or family relationships that would impact Ms. Spears' appointment.
7Ms. Spears has no direct or indirect interest in any transaction requiring disclosure under Item 404(a) of Regulation S-K.

ONEOK INC /NEW/ 8-K Report, Executive Changes (Feb 25, 2019)

Summary

Key Highlights

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