Message-ID: <17600436.1075855916389.JavaMail.evans@thyme> Date: Wed, 11 Oct 2000 07:05:00 -0700 (PDT) From: sally.beck@enron.com To: todd.burke@enron.com Subject: Retention plan for four managers Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Sally Beck X-To: Todd Burke X-cc: X-bcc: X-Folder: \Sally_Beck_Dec2000\Notes Folders\'sent mail X-Origin: Beck-S X-FileName: sbeck.nsf Hector has still referred to the key players under Jeff Gossett as managers. However, only one of these (Will Kelly) is a manager. The remainder are senior specialists. Let me know if you would like to discuss any of this in detail. We are potentially exposed for Steve Jackson to hire some of these players away. Steve is going to have deliverables at his new employer, our competitor, which will require that he have good people. He will be moving to Columbus, Ohio where he will not personally know anyone locally to hire. He does know these risk specialists here, and being young and single or childless, their mobility factors could be high. Enron would not want to lose any other talent to Steve's new employer. ---------------------- Forwarded by Sally Beck/HOU/ECT on 10/11/2000 02:00 PM --------------------------- Enron North America Corp. From: Hector McLoughlin @ ENRON 10/10/2000 06:17 PM To: Todd Burke/NA/Enron@ENRON cc: Sally Beck/HOU/ECT@ECT Subject: Retention plan for four managers Todd, Let's work up a plan tomorrow for Jeff Gossett's managers before the completion of your survey. If your schedule does not allow it please recommend someone in comp. who can help or please provide guidance for alternatives. Thanks for your help. hgm ---------------------- Forwarded by Hector McLoughlin/Corp/Enron on 10/10/2000 06:02 PM --------------------------- From: Sally Beck @ ECT 10/10/2000 05:57 PM To: Hector McLoughlin/Corp/Enron@Enron cc: Subject: Retention plan for four managers Hector: The key employees that Jeff has identified are senior specialists, with the exception of Will Kelly. If you remember, these are the risk employees that I was concerned about when Steve Jackson tendered his letter of resignation. Steve will be taking a similar role with a competitor, and it is not inconceivable that he might approach some Enron employees to join him and help ensure his success with his new employer. We don't want this to happen. Waiting until the end of November to implement an effective retention plan does not make sense. Please call me tomorrow and let's talk about how we can jump start this. Thanks. --Sally ---------------------- Forwarded by Sally Beck/HOU/ECT on 10/10/2000 05:39 PM --------------------------- Enron North America Corp. From: Jeffrey C Gossett 10/10/2000 05:38 PM To: Sally Beck/HOU/ECT@ECT cc: Subject: Retention plan for four managers ---------------------- Forwarded by Jeffrey C Gossett/HOU/ECT on 10/10/2000 05:38 PM --------------------------- Enron North America Corp. From: Hector McLoughlin @ ENRON 10/09/2000 10:26 AM To: Jeffrey C Gossett/HOU/ECT@ECT, Todd Burke/NA/Enron@ENRON cc: Subject: Retention plan for four managers Jeff, I spoke with Todd Burke regarding a retention strategy for the managers we talked about. He told me that he would make a recommendation after he completes the pay practices survery by Mid-November in order to accurately compensate them. He is concerned that we may present an inaccurate plan for retention without market data. If this is a very urgent issue for you please let us know. If you suspect that the managers are being made offers then please let us know. hgm