-----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, DGjUIB6NKzDyuNmCJfMXqn7D4tMdEjFBTvTJxzhpWpgfBRXI8feXu+XM+5JIgacZ jqpY5Ai9DUCoeYsoPs0PAA== 0000094328-99-000006.txt : 19990421 0000094328-99-000006.hdr.sgml : 19990421 ACCESSION NUMBER: 0000094328-99-000006 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 19990420 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990420 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STEWART & STEVENSON SERVICES INC CENTRAL INDEX KEY: 0000094328 STANDARD INDUSTRIAL CLASSIFICATION: ENGINES & TURBINES [3510] IRS NUMBER: 741051605 STATE OF INCORPORATION: TX FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-11443 FILM NUMBER: 99597506 BUSINESS ADDRESS: STREET 1: 2707 N LOOP W CITY: HOUSTON STATE: TX ZIP: 77008 BUSINESS PHONE: 7138687700 MAIL ADDRESS: STREET 1: P O BOX 1637 CITY: HOUSTON STATE: TX ZIP: 77251-1637 8-K 1 DIVIDEND, NEW CEO AND DIRECTORS 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): APRIL 20, 1999 STEWART & STEVENSON SERVICES, INC. (Exact name of registrant as specified in its charter) TEXAS 0-8493 74-1051605 (State or other jurisdiction (Commission File Number) (I.R.S. Employer of incorporation) Identification No.) 2707 NORTH LOOP WEST HOUSTON, TEXAS 77008 (Address of principal executive offices) Zip code) Registrant's telephone number, including area code: (713) 868-7700 Item 5. Other Events. On April 14, 1999, Stewart & Stevenson Services, Inc. (the "Company") issued the press release attached hereto as Exhibit 99.1 announcing the Company's dividend. On April 20, 1999, the Company issued the press release attached hereto as Exhibit 99.2 announcing its new Chief Executive Officer and new Directors. Item 7. Exhibits. Exhibit 99.1 Company Press Release dated April 14, 1999 titled "Stewart & Stevenson Announces Dividend." Exhibit 99.2 Company Press Release dated April 20, 1999 titled "Stewart & Stevenson Announces New CEO and Additions to Board of Directors." SIGNATURES 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. STEWART & STEVENSON SERVICES, INC. Date: April 20, 1999 By:/s/ C. JIM STEWART II Name: C. Jim Stewart II Title: Chairman of the Board of Directors EXHIBIT INDEX 99.1 Company Press Release dated April 14, 1999 titled "Stewart & Stevenson Announces Dividend." 99.2 Company Press Release dated April 20, 1999 titled "Stewart & Stevenson Announces New CEO and Additions to Board of Directors." - ------------------ EX-99.1 2 EXHIBIT 99.1 NEWS FROM: STEWART & STEVENSON CORPORATE HEADQUARTERS P.O. BOX 1637 HOUSTON, TX 77251-1637 FOR IMMEDIATE RELEASE: STEWART & STEVENSON ANNOUNCES DIVIDEND HOUSTON, TX -April 14, 1999- STEWART & STEVENSON SERVICES, INC. (NASDAQ:SSSS), a leading manufacturer and distributor of industrial and energy related equipment, announced that in its meeting of April 13, 1999, the Board of Directors declared a quarterly cash dividend of $.085 a share payable on May 14, 1999, to shareholders of record on April 30, 1999. Contact: Mr. David R. Stewart Treasurer Phone: (713) 868-7657 Fax: (713) 863-1519 Email: d.stewart@ssss.com HTTP://www.ssss.com EX-99.2 3 EXHIBIT 99.2 NEWS FROM: STEWART & STEVENSON CORPORATE HEADQUARTERS P.O. BOX 1637 HOUSTON, TX 77251-1637 FOR IMMEDIATE RELEASE: STEWART & STEVENSON ANNOUNCES NEW CEO AND ADDITIONS TO BOARD OF DIRECTORS HOUSTON, TX April 20, 1999, STEWART & STEVENSON SERVICES, INC. (NASDAQ:SSSS), a leading manufacturer and distributor of industrial and energy related equipment today announced the election of Michael L. Grimes as President and CEO of the Company. Mr. Grimes will be succeeding C. Jim Stewart II, who has acted as the Company's CEO since the retirement of Robert L. Hargrave in January of this year. Mr. Grimes is a 1972 graduate of Tennessee Tech University where he earned a B.S. in Mechanical Engineering. He comes to Stewart & Stevenson from Cooper Cameron Corporation where he served most recently as President of Cooper Cameron Power Generation and, from 1996 to 1998, as President of Cooper Energy Services. Prior to joining Cooper Cameron Corporation, Mr. Grimes was employed by General Electric Company where he spent 23 years in various managerial positions, primarily in GE's power generation and service businesses. In addition, Mr. Grimes was a member of the GE Corporate Six Sigma Council and was instrumental in the introduction of Six Sigma processes within GE Power Systems. "We are pleased that Mike has accepted this key position. His record of achievement gives us confidence that his leadership will be instrumental in improving the future performance of the Company," said C. Jim Stewart II, Chairman of the Board of Directors. Stewart & Stevenson also appointed two new members to its Board of Directors. Newly appointed members include Howard Wolf, a senior partner in the international law firm of Fulbright & Jaworski L.L.P., and Darvin M. Winick, PH.D., a career consultant in the improvement of business productivity. Mr. Wolf joined Fulbright & Jaworski L.L.P. in 1959 and practices law primarily in the areas of business transactions, securities, corporate and international law. Dr. Winick is a graduate of Purdue University and specializes in organizational design and corporate development. Contact: Mr. David R. Stewart Treasurer Phone: (713) 868-7657 Fax: (713) 863-1519 Email: d.stewart@ssss.com HTTP://www.ssss.com ###### -----END PRIVACY-ENHANCED MESSAGE-----