Message-ID: <29528280.1075855495390.JavaMail.evans@thyme>
Date: Fri, 4 May 2001 01:17:00 -0700 (PDT)
From: enron.announcements@enron.com
To: all.worldwide@enron.com
Subject: Organization Announcement
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Given the growth in EES it has become apparent that it is time to consolidate 
the risk functions between EES and EWS.  This will provide EES with the 
systems, resources and risk expertise of the wholesale energy groups 
necessary for it to continue to grow and take advantage of current market 
opportunities.

With this in mind and in agreement with the management of EES, two new risk 
groups inside Enron Americas will be formed to provide EES with pricing, 
structuring, retail and wholesale commodity risk management, logistics and 
back-office services.  These groups main function is to provide these 
services to EES.  We have asked Rogers Herndon, currently Vice 
President-Trading in the Eastern Power Group to manage this function in the 
Eastern Interconnect (this includes both gas and power).  Rogers will 
continue to report to Kevin Presto.  We have asked Don Black, formerly Vice 
President-EES Risk Management and Sourcing, to manage this function in the 
Western U.S.  Don will manage this group from Houston and will report to Tim 
Belden.

These groups will work very closely with EES to pursue shared goals while 
ensuring close coordination with the wholesale gas and power trading 
organizations.

These changes are effective immediately.  Please congratulate Rogers and Don 
on their new roles.


John Lavorato & Louise Kitchen