SECURITIES AND EXCHANGE COMMISSION
Washington, D. C.
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): October 6, 1994
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MORRISON KNUDSEN CORPORATION
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(Exact Name of Registrant as Specified in its Charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
I-8889 82-0393735
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(Commission File Number) (I.R.S. Employer Identification No.)
Morrison Knudsen Plaza, Boise, Idaho 83729
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(Address of Principal Executive Offices) (Zip Code)
(208) 386-5000
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(Registrant's Telephone Number, Including Area Code)
ITEM 5. OTHER MATERIAL IMPORTANT EVENTS.
On October 6, 1994, the Company announced the promotion of Thomas F. Kealey
to the office of Senior Vice President - Finance, and the promotion of Douglas
L. Brigham to the office of Vice President and Treasurer, in a press release
which is attached hereto as Exhibit 1.
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 thereunto duly authorized.
MORRISON KNUDSEN CORPORATION
(Registrant)
/s/ Stephen G. Hanks
October 14, 1994 By: _______________________________
Stephen G. Hanks
Executive Vice President -
Finance and Administration
EXHIBIT 1
MORRISON KNUDSEN CORPORATION NEWS RELEASE
Morrison Knudsen Plaza/P. O. Box 73
Boise, Idaho 83729
Telex: 368439/Phone: (208) 386-5387 For Further Information Contact:
Fax: (208) 386-5065 Corporate Communications
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FOR RELEASE:
October 6, 1994
MK PROMOTES THOMAS F. KEALEY, DOUGLAS L. BRIGHAM
TO KEY FINANCIAL POSITIONS
BOISE -- Two key financial officers at Morrison Knudsen Corporation have
been promoted, William J. Agee, the company's chairman, president and chief
executive officer, announced today.
Thomas F. Kealey, 42, president of MK Capital Company, a position he will
continue to hold, was named senior vice president - finance of Morrison Knudsen
Corporation.
Douglas L. Brigham, 29, treasurer of MK, was promoted to vice president and
treasurer.
"The promotion of these two executives is recognition of their
extraordinary talent and financial acumen," said Agee.
In his new position, Kealey will be responsible for the corporate treasury
department, corporate finance, corporate planning, project finance, and
internal audit.
Kealey joined MK in July 1994 as president of MK Capital Company, a newly
formed subsidiary of MK responsible for arranging sale-leaseback financing for
products manufactured by MK and its affiliated companies, financing new design-
build megaprojects and general corporate growth opportunities.
From 1990 to 1994, Kealey served as senior vice president of GE Capital
Railcar Services, a unit of General Electric Capital Services, that leases
railcars to international and domestic railroads.
Prior to joining GE, he was president of the RoadRailer Company, a leading
international marketer and designer of bi-modal, rail/highway transportation
systems.
Kealey graduated from the University of Washington with a degree in
accounting and finance and earned an MBA from Harvard. He is a Certified Public
Accountant. Kealey will continue to report to Stephen G. Hanks, executive vice
president - finance & administration of Morrison Knudsen.
Brigham has served MK for seven years, the past year as corporate
treasurer. Previous positions within the company include manager of investor
relations, and manager of corporate finance. As vice president & treasurer,
Brigham will be responsible for corporate finance and treasury related functions
including foreign exchange, banking relationships, cash management and investor
relations. He will report to Kealey.
Brigham earned a degree in business administration from Albertson College
of Idaho and holds an MBA from Boise State University.
Morrison Knudsen Corporation (MRN-NYSE) serves the world's construction,
environmental, industrial, mining, power and transportation markets as an
engineer, contractor and manufacturer, offering complete development, operations
and financial services.
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