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Enron Mail |
We are pleased to announce the creation of a new business unit =01) Enron=
=20 Industrial Markets =01) within our Wholesale Energy business. Enron Indust= rial=20 Markets will be responsible for leading all worldwide business activities i= n=20 the Paper, Pulp, Lumber, and Steel markets, including trading, origination= =20 and energy outsourcing activities. Enron Industrial Markets is being created to accelerate the growth of Enron= =20 North America=01,s existing Paper, Pulp, & Lumber business and to establis= h and=20 grow a new business in the Steel market. The formation of Enron Industrial= =20 Markets will allow the Enron North America and Enron Europe management to= =20 continue to focus its efforts on the aggressive expansion of our core gas a= nd=20 electricity business. As a standalone business unit, Enron Industrial=20 Markets can accelerate the growth of the Paper, Pulp & Lumber and Steel=20 businesses into major contributor=01,s to Enron=01,s overall growth and, wo= rking=20 closely with Enron NetWorks, position Enron as the leader in the=20 transformation of these industries into new economy markets. =20 Enron Industrial Markets will be headed by Jeff McMahon, President and Chie= f=20 Executive Officer, and Ray Bowen, Chief Operating Officer. They will repor= t=20 to Mark Frevert who will be Chairman of Enron Industrial Markets. Mark,=20 Jeff, and Ray will comprise the Office of the Chairman for Enron Industrial= =20 Markets. Included in this new business unit and reporting to the Office of the=20 Chairman will be the following individuals and their respective groups: Pulp, Paper, & Lumber Origination Bryan Burnett Pulp, Paper & Lumber Trading Bob Crane Steel Trading Greg Hermans Transaction Development Rodney Malcolm Enron Industrial Markets has established an operating group to manage the= =20 operations of physical assets. This unit will temporarily report to the=20 Enron Industrial Markets Office of the Chairman. Coincident with the establishment of Enron Industrial Markets, all energy= =20 outsourcing activities associated with industries other than paper, pulp,= =20 lumber and steel will be the responsibility of Enron Energy Services. With Jeff McMahon=01,s departure from Enron NetWorks, Louise Kitchen will a= ssume=20 the role of President and Chief Operating Officer. Please join us in congratulating these individuals for their new roles.
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