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Enron Mail |
John,=20
I hope you and Lorraine are having a great holiday season. =20 Sorry for the slow reply but I tried to only work on critical items over m= y=20 holiday. Yes, this is only a marketing desk and it really only includes 1= =20 person, Ross, who doesn't want to move to Oslo. I didn't think it was a b= ig=20 thing and that is why I didn't get back with you. It wasn't a big part of= =20 the memo and i didn't focus a lot on it. I would expect him to co-ordinate= =20 daily with Thor. I believe he works for Thor but we didn't address it in= =20 the discussion or memo. I'll watch it and see if it becomes an issue. I d= o=20 know that Mark and Thor have talked about it and I believe Thor likes Ross= =20 and is OK with his function in London. We are not attempting to recreate t= he=20 wheel in London or around Thor. =20 See you when you come to town. Mike John Sherriff 12/19/2000 01:29 AM To: Mike McConnell/HOU/ECT@ECT cc: =20 Subject: Organizational Announcement - revised comments After re-reading your note - I see that it is not a trading desk in London= =20 but a marketing desk=20 - but it is still unclear to me how this fits into the Oslo desk. Also=20 shouldn't we be talking about this or your=20 guys talking to Thor who is running the European Weather business? John ---------------------- Forwarded by John Sherriff/LON/ECT on 19/12/2000 07:= 31=20 --------------------------- John Sherriff 19/12/2000 06:25 To: Mike McConnell/HOU/ECT@ECT cc: =20 Subject: Organizational Announcement I thought we had specifically agreed that we were not adding a market makin= g=20 function in London! If you have got traders to spare I can use about six of them. John ---------------------- Forwarded by John Sherriff/LON/ECT on 19/12/2000 06:= 28=20 --------------------------- Enron Global Markets LLC - Office of the Chairman From: Enron Global Markets LLC - Office of the Chairman@ENRON on 18/12/2000= =20 21:21 CST Sent by: Enron Announcements@ENRON To: Enron Wholesale Services cc: =20 Subject: Organizational Announcement Enron Global Markets (EGM) has made numerous organizational changes as its= =20 businesses continue to grow and expand around the world. We are pleased to= =20 announce the following changes within EGM. Financial Trading=20 The Convertible Arbitrage desk has moved from EnronCredit.com to the=20 Financial Trading group under Gary Hickerson. Mike Bradley will manage the= =20 desk. =20 Billy Lemmons has joined Gary Hickerson's group from EIM. He is exploring= =20 the agriculture value chain and origination opportunities. Transportation and Shipping Dan Reck will be transitioning out of the coal group and will be exploring= =20 our rail and trucking initiatives. These markets together represent=20 approximately $105 billion notionally, and we believe there are many=20 synergies between our energy, coal, and freight trading businesses. =20 Enron is currently trading dry-freight through EOL and is a leading market= =20 maker in this new product. The shipping business is growing very quickly. = We=20 have asked Pierre Aury and Scott Montcrief to co-lead our worldwide vessel= =20 trading businesses. Scott will be responsible for all liquids vessel=20 businesses and Pierre will manage all dry vessel businesses. The LNG vesse= l=20 business currently managed by Wayne Perry will remain in the LNG group, but= =20 will also report to and coordinate with Pierre and Scott. Weather Our worldwide weather operations will continue to report to Mark Tawney in= =20 Houston. This business, which includes trading weather products in 10=20 countries and 40 states in the U.S., is also rapidly expanding. Mark will= =20 have all V@R allocation responsibility between Sydney, Tokyo, Oslo, and=20 Houston. In addition we will be forming a weather-marketing desk in London= . =20 Crude and Products Bill White will be coming over from EBS and will have responsibility for al= l=20 U.S. financial crude trading. Don Schroeder will continue to have oversigh= t=20 and lead our physical crude business. Mario De La Ossa has joined EGM from= =20 Equiva and will manage our product options book.=20 Doug Leach will be expanding his fuel management and origination role. He= =20 will report directly to John Nowlan. Finance and Structuring Andrew Makk has joined the finance team from the Middle East group. Most= =20 recently he has been working on the Gaza project. Jim Lewis has also joined this team. His last assignment was leading the=20 structuring group for CALME. Both Andrew and Jim will report to Larry Lawyer. =20 Corporate Development Mark Wadlington has joined the EGM team and will be managing this activity= =20 and co-ordinating with all Enron Corp. He reports to Tim Detmering with=20 accountability to the office of the chairman of EGM. Operations and Accounting Todd Hall has expanded his role as Business Controller and will have=20 responsibility for coal and weather. Mike Perun has joined Enron from the banking industry and is responsible fo= r=20 Controls & Standards. He will focus on EGM=01,s operational and accounting= =20 processes on a global basis. He reports to Brent Price. The Ecoelectrica power plant in Puerto Rico will move reporting=20 responsibility into the Enron Global Assets group. Greg Curran, who is=20 responsible for all the activities in Puerto Rico, will report to that grou= p=20 on all Ecoelectrica business and to Enron Global Markets on the remaining= =20 businesses. Please join us in congratulating everyone in their new roles.
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