-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, P7Rv6vc9HN+Y0Oyy7zQK1+ZMybBVDQKc8XdgEYTdzuKaH4+omZmIi0Vi31mvI++d RFwKTIqrNPXyBctZLo6s9w== 0000078890-99-000001.txt : 19990105 0000078890-99-000001.hdr.sgml : 19990105 ACCESSION NUMBER: 0000078890-99-000001 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990104 ITEM INFORMATION: FILED AS OF DATE: 19990104 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PITTSTON CO CENTRAL INDEX KEY: 0000078890 STANDARD INDUSTRIAL CLASSIFICATION: BITUMINOUS COAL & LIGNITE MINING [1220] IRS NUMBER: 541317776 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-09148 FILM NUMBER: 99500489 BUSINESS ADDRESS: STREET 1: P O BOX 4229 STREET 2: 1000 VIRGINIA CENTER PKWY CITY: GLEN ALLEN STATE: VA ZIP: 23058-4229 BUSINESS PHONE: 8045533600 MAIL ADDRESS: STREET 1: P O BOX 4229 CITY: GLEN ALLEN STATE: VA ZIP: 23058-4229 8-K 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 4, 1999 THE PITTSTON COMPANY (Exact Name of registrant as specified in its charter) Virginia 1-9148 54-1317776 (State or other (Commission (I.R.S. Employer jurisdiction File Number) Identification No.) of Incorporation) 1000 Virginia Center Parkway P. O. Box 4229 Glen Allen, VA 23058-4229 (Address of principal (Zip Code) executive offices) (804)553-3600 (Registrant's telephone number, including area code) Item 5. Other Events The Registrant reports that, on January 4, 1999, Thomas W. Garges, Jr., was elected President and Chief Executive Officer of Pittston Coal Company. The Registrant's press release is attached as an exhibit to this report and incorporated herein by reference. Severance benefits payable to Karl K. Kindig pursuant to his agreement with Pittston Coal Company are expected to be reflected in the fourth quarter Pittston Minerals Group results. EXHIBITS 99(a) Registrant's press release dated January 4, 1999. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE PITTSTON COMPANY (Registrant) By /s/ James B. Hartough Vice President - Corporate Finance and Treasurer Dated: January 4, 1999 EXHIBITS Exhibit Description 99(a) Registrant's press release dated January 4, 1999. EX-99 2 Exhibit 99(a) [PITTSTON LOGO] The Pittston Company 1000 Virginia Center Parkway PRESS RELEASE P. O. Box 4229 Glen Allen, VA 23058-4229 Tel 804.553.3600 Fax 804.553.3760 Contact: IMMEDIATE RELEASE Investor Relations 804.553.3708 Thomas W. Garges, Jr. Elected President and Chief Executive Officer of Pittston Coal Company Richmond, VA - January 4, 1999 - Michael T. Dan, Chairman and Chief Executive Officer of The Pittston Company, announced the election of Thomas W. Garges, Jr. as President and Chief Executive Officer of Pittston Coal Company effective today. Mr. Garges will also have overall responsibility for all of the companies comprising Pittston Minerals Group. Regarding Mr. Garges' election, Mr. Dan commented, "Tom Garges brings more than thirty years of professional coal mining experience to Pittston. We are very fortunate to have a person of Tom's stature in the coal industry heading Pittston Minerals Group. We have the confidence that Tom will lead Pittston Minerals successfully, and we fully expect the Group will benefit greatly from his leadership and industry knowledge". Mr. Garges rejoins Pittston after having served as President and Chief Executive Officer of Rochester and Pittsburgh Coal Company. From 1971 to 1986 Mr. Garges served in several coal executive and operations positions within Pittston, including Executive Vice President - Operations for Pittston Coal and President of Pittston Coal's Pyxis operations in Virginia. Mr. Garges, 59, holds a BSEM degree from West Virginia University and is a Registered Professional Engineer. He will be based at Pittston Coal Company's headquarters in Lebanon, Virginia and will relocate his family to Southwestern Virginia. * * * * * * * * * Pittston Minerals Group Common Stock (NYSE-PZM), Pittston Brink's Group Common Stock (NYSE-PZB) and Pittston BAX Group Common Stock (NYSE-PZX) represent the three classes of common stock of The Pittston Company, a diversified company with interests in mining and minerals exploration through Pittston Coal Company and Pittston Mineral Ventures (Pittston Minerals Group), security services through Brink's, Incorporated and Brink's Home Security, Inc. (Pittston Brink's Group) and global freight transportation and logistics management services through BAX Global Inc. (Pittston BAX Group). -----END PRIVACY-ENHANCED MESSAGE-----