26.07.2005 17:52:00
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OGE Energy Corp. Names Robert Lorenz to Board of Directors
OKLAHOMA CITY, July 26 /PRNewswire-FirstCall/ -- OGE Energy Corp. today announced that Robert O. Lorenz has been elected to serve on the OGE Energy Board of Directors. Lorenz, a resident of Edmond, Okla., brings more than 30 years of public accounting and auditing experience to the company's board.
A longtime partner in the Arthur Andersen accounting firm, Lorenz was named audit division head and managing partner of the Oklahoma City office in 1994 and of the firm's Oklahoma practice in 2000. He retired in 2002.
During his career, Lorenz served as an auditor for public companies in a variety of industries, including energy. He brings to OGE Energy extensive expertise in areas including audit committee responsibilities and regulatory compliance monitoring processes. He was elected to a term that will expire at OGE Energy's annual shareowner's meeting in May 2006, at which time he will be nominated for election by the company's shareowners for a three-year term.
"We are very pleased to have Bob Lorenz join our Board of Directors," said Steven E. Moore, chairman, president and CEO of OGE Energy. "His public accounting and auditing experience will be of tremendous value as we navigate changes in the business and regulatory landscape."
Lorenz also is a director of Panhandle Royalty Company, Infinity Inc., and Kerr-McGee Corp.
Lorenz, 58, is a graduate of Ohio University and is a Certified Public Accountant. He completed a tour of duty in the U.S. Army, serving in 1970-71 in Vietnam and earning a Bronze Star.
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