43 lines
1.8 KiB
Plaintext
43 lines
1.8 KiB
Plaintext
Message-ID: <30612360.1075855489466.JavaMail.evans@thyme>
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Date: Fri, 4 May 2001 01:17:00 -0700 (PDT)
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From: enron.announcements@enron.com
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To: all.worldwide@enron.com
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Subject: Organization Announcement
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Mime-Version: 1.0
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Content-Type: text/plain; charset=us-ascii
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Content-Transfer-Encoding: 7bit
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X-From: Enron Announcements
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X-To: All Enron Worldwide
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X-cc:
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X-bcc:
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X-Folder: \Frank_Ermis_Jun2001\Notes Folders\All documents
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X-Origin: Ermis-F
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X-FileName: fermis.nsf
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Given the growth in EES it has become apparent that it is time to consolidate
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the risk functions between EES and EWS. This will provide EES with the
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systems, resources and risk expertise of the wholesale energy groups
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necessary for it to continue to grow and take advantage of current market
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opportunities.
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With this in mind and in agreement with the management of EES, two new risk
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groups inside Enron Americas will be formed to provide EES with pricing,
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structuring, retail and wholesale commodity risk management, logistics and
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back-office services. These groups main function is to provide these
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services to EES. We have asked Rogers Herndon, currently Vice
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President-Trading in the Eastern Power Group to manage this function in the
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Eastern Interconnect (this includes both gas and power). Rogers will
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continue to report to Kevin Presto. We have asked Don Black, formerly Vice
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President-EES Risk Management and Sourcing, to manage this function in the
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Western U.S. Don will manage this group from Houston and will report to Tim
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Belden.
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These groups will work very closely with EES to pursue shared goals while
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ensuring close coordination with the wholesale gas and power trading
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organizations.
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These changes are effective immediately. Please congratulate Rogers and Don
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on their new roles.
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John Lavorato & Louise Kitchen |