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Enron Mail |
Rick: There is no legal requirement that the Board determine, approve or r=
atify the Section 16 list of officers (although in practice, we have asked = them to do so in the past, at least on an annual basis). Whether someone i= s an executive officer is a question of fact, and I have not gotten any res= ponses from others that I have attempted to get information from to determi= ne whether or not we should update the list (the lack of response, I'm sure= , is due to the fact that there is a lot of stuff going on). So, I will gi= ve you a call to discuss: (i) has your title changed? (ii) have your respon= sibilities changed? (i.e., are you still the Chief Risk Officer?) In the e= nvironment of a Chapter 11 proceeding, is there any need for a chief risk o= fficer? (iii) are you still on the Executive Committee (is there still an = Exec. Committee, does it still meet and what are its duties and responsibil= ities?). No one factor is determinative---the issues are: do you oversee = or set policy for an important business or administrative function of the C= ompany? In our former environment, the answer was easy. I just don't know= the facts in today's environment. I will give you a call to discuss. Tha= nks for your patience. Rex -----Original Message----- From: =09Buy, Rick =20 Sent:=09Tuesday, December 11, 2001 12:44 PM To:=09Rogers, Rex Subject:=0916b Status Any news on 16b status. There is a BOD meeting tonight. Rick
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