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: January 25, 1996 Date of earliest event reported: January 25, 1996 ASHLAND INC. (Exact name of registrant as specified in its charter) Kentucky (State or other jurisdiction of incorporation) 1-2918 61--0122250 (Commission File Number) (I.R.S. Employer Identification No.) 1000 Ashland Drive, Russell, Kentucky 41169 (Address of principal executive offices) (Zip Code) P.O. Box 391, Ashland, Kentucky 41114 (Mailing Address) (Zip Code) Registrant's telephone number, including area code (606) 329-3333 Total of 6 Pages Item 5. Other Events On January 25, 1996, the Registrant issued a press release announcing that John R. Hall, Chairman of the Board and Chief Executive Officer of the Registrant, will retire as Chief Executive Officer effective as of October 1, 1996 and as Chairman of the Board in January 1997. The press release also announced that Paul W. Chellgren, the current President and Chief Operating Officer of the Registrant, will succeed Mr. Hall as Chief Executive Officer on October 1, 1996 and as Chairman of the Board in January 1997. The foregoing summary of the attached press release is qualified in its entirety by the complete text of such document, a copy of which is attached hereto. Item 7. Financial Statements and Exhibits (c) Exhibits 99 Press Release -2- 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 thereunto duly authorized. ASHLAND INC. --------------------------------- (Registrant) /s/ James G. Stephenson Date: January 25, 1996 --------------------------------- Name: James G. Stephenson Title: Vice President - Law -3- Exhibit Index Exhibit No. Page No. 99 Press Release of the Registrant dated 5 January 25, 1996 -4-