TULSA, Okla., Aug. 5 /PRNewswire-FirstCall/ -- The board of directors of
ONEOK, Inc. (NYSE: OKE) today elected Gerald B. Smith as a director, effective
immediately. Smith joins 11 other ONEOK directors on the board.
Smith, 58, is founder, chairman and chief executive officer of Smith,
Graham & Company Investment Advisors, a global investment management firm with
offices in Houston, Texas, and New York City. He is and will continue to be a
director of ONEOK Partners GP, the sole general partner of ONEOK Partners,
L.P. and a wholly owned subsidiary of ONEOK, Inc., which owns 45.1 percent of
the partnership.
"Our board and shareholders will benefit from Gerald's business acumen,
financial experience and proven leadership skills," said David Kyle, ONEOK
chairman. "We look forward to his contributions to the ONEOK board."
Smith is also a member of the board of directors of the Charles Schwab
Family of Funds, where he serves as chairman of the investment oversight
committee. He is lead independent director and deputy chairman of Cooper
Industries and a former director of the Fund Management Board of Robeco Group,
Rorento, N.V. (Netherlands) and Pennzoil Corporation. Smith earned a
bachelor's of business administration degree in finance from Texas Southern
University.
To obtain an electronic photo file of Smith, visit the ONEOK Web site:
http://www.oneok.com/media/download_photos/image_download.jsp.
ONEOK, Inc. (NYSE: OKE) is a diversified energy company. We are the
general partner and own 45.1 percent of ONEOK Partners, L.P. (NYSE: OKS), one
of the largest publicly traded master limited partnerships, which is a leader
in the gathering, processing, storage and transportation of natural gas in the
U.S. and owns one of the nation's premier natural gas liquids (NGL) systems,
connecting NGL supply in the Mid-Continent and Rocky Mountain regions with key
market centers. ONEOK is among the largest natural gas distributors in the
United States, serving more than two million customers in Oklahoma, Kansas and
Texas. Our energy services operation focuses primarily on marketing natural
gas and related services throughout the U.S. ONEOK is a Fortune 500 company.
For information about ONEOK, Inc., visit the Web site: www.oneok.com.
OKE-G
Analyst Contact: Dan Harrison
918-588-7950
Media Contact: Megan Washbourne
918-588-7572
SOURCE ONEOK, Inc.
-0- 08/05/2009
/CONTACT: Analysts, Dan Harrison, +1-918-588-7950, or Media, Megan
Washbourne, +1-918-588-7572, both of ONEOK, Inc./
/Web Site: http://www.oneok.com /
(OKE OKS)
CO: ONEOK, Inc.; ONEOK Partners GP; ONEOK Partners, L.P.
ST: Oklahoma
IN: OIL UTI GAS
SU: PER
PR
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3913 08/05/2009 08:00 EDT http://www.prnewswire.com