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): August 13, 2002

                                ASHLAND INC.
           (Exact name of registrant as specified in its charter)

               (State or other jurisdiction of incorporation)

        1-2918                                          61-0122250
(Commission File Number)                             (I.R.S. Employer
                                                     Identification No.)

   50 E. RiverCenter Boulevard, Covington, Kentucky     41012-0391
     (Address of principal executive offices)           (Zip Code)

   P.O. Box 391, Covington, Kentucky                    41012-0391
          (Mailing Address)                             (Zip Code)

    Registrant's telephone number, including area code (859) 815-3333


    Item 5.  Other Events

     On August 13,  2002,  Ashland  Inc.  reported  that James J.  O'Brien,
currently senior vice president and group operating officer at Ashland, has
been named president and chief operating  officer,  effective  immediately.
O'Brien will  immediately  become a member of Ashland's board of directors.
He will become  chairman and chief executive  officer of Ashland  effective
November  15,  2002  when Paul W.  Chellgren,  current  chairman  and chief
executive officer,  retires. A copy of the press release is attached hereto
as Exhibit 99.1, which is incorporated herein by reference in its entirety.

    Item 7.   Financial Statements and Exhibits

         (c)  Exhibits

         99.1     Press Release dated August 13, 2002.



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.

    Date:  August 13, 2002                /s/ David L. Hausrath
                                          Name:     David L. Hausrath
                                          Title:    Vice President and
                                                    General Counsel


                               EXHIBIT INDEX

         99.1 Press  Release dated August 13, 2002