|
|
Enron Mail |
ENA=01,s first quarter performance has been outstanding which has been achi=
eved=20 by the exceptional talent and hard work of all ENA employees. ENA=01,s abi= lity=20 to quickly move people to new business ventures and market opportunities,= =20 such as Enron Net Works, reinforces the depth of talent in ENA, our continu= ed=20 commitment to encourage innovation and creativity in all things we do and o= ur=20 enthusiasm to support people in pursuing new ideas. Accordingly, following the recently announced launch of Enron Net Works and= =20 the associated personnel movements, we are pleased to announce the followin= g=20 changes within ENA effective immediately. John Lavorato will be relocating from Calgary to Houston to oversee all ENA= =20 risk management and trading activities and will report to the Office of the= =20 Chairman. John will have direct responsibility for all natural gas, power,= =20 emissions, equities and rates trading. As well, John will have direct=20 responsibility for the risk management and trading functions within the Pul= p=20 & Paper, Coal and Global Risk (weather and insurance) businesses. Otherwis= e,=20 the Pulp & Paper, Coal and Global Risk businesses will report to the Office= =20 of the Chairman. Following John=01,s departure from Canada, we have asked = Rob=20 Milnthorp to be the President of Enron Canada. Following the departure of Greg Piper, the Industrial Origination team will= =20 be co-headed by Jim Ajello, Rodney Malcolm and Edward Ondarza who will repo= rt=20 to the Office of the Chairman. Jim, Rodney and Edward will work as a team = to=20 ensure the continued growth of ENA=01,s large industrial capability.=20 Notwithstanding their joint accountability, each will have a distinct focus= =20 and responsibility within the industrial group. Jim Ajello will focus on t= he=20 coverage and marketing efforts for all industrial segments except pulp and= =20 paper. Edward Ondarza will focus on our market making, coverage and=20 marketing efforts in the pulp and paper industry. Rodney Malcolm will focu= s=20 on product development, structuring and execution functions for all=20 industrial segments. We have asked Jeff Donahue to oversee all ENA Corporate Development and=20 Principal Investing activities and will report to the Office of the=20 Chairman. Corporate Development will continue to seek strategic acquisitio= n=20 opportunities in existing and new businesses. The Principal Investing grou= p=20 will continue to focus on equity and venture capital syle investments in hi= gh=20 growth business lines which are directly related to ENA=01,s core businesse= s or=20 are significantly influenced by trends related to our business. Given this= =20 change, Ray Bowen will be solely responsible for the management of ENA=01,s= =20 Commercial Transactions (CTG) Group. =20 With the departure of Ron Slimp to EBS, Scott Tholan will be managing our= =20 Competitive Analysis and Reporting Group and will report to John Lavorato. Please join us in congratulating all of the individuals in their new roles= =20 and responsibilities.
|