Enron Mail

From:enron.announcements@enron.com
To:all.worldwide@enron.com
Subject:Organization Announcement
Cc:
Bcc:
Date:Wed, 26 Jul 2000 11:09:00 -0700 (PDT)

At Enron Net Works, it has become clear that we have a tremendous opportuni=
ty=20
to utilize our unique strengths, skills and new business efforts across an=
=20
entire new set of opportunities being created in the private equity markets=
. =20
Because of this, we have reorganized the Enron Net Works Investments Group=
=20
with the view to leveraging the group better across strategic opportunities=
=20
in the eCommerce and technology space, and within Enron.

Effective immediately, Jay Fitzgerald will take responsibility for setting=
=20
ENW=01,s investment strategy and the implementation of that strategy. Repo=
rting=20
to him in this new role will be Steve Horn and the venture investing group.=
=20
Further, Allan Sommer will be joining Jay=01,s team to focus on developing =
new=20
market opportunities, with a focus on working with the various domestic and=
=20
international Enron business units to develop eCommerce-related businesses=
=20
and strategies.

Jay will be working out of both the New York and Houston offices in his new=
=20
role, and may be reached at jay@enron.com or by phone at either (212)=20
702-3934 or (713) 853-9914.