Message-ID: <12915049.1075840620377.JavaMail.evans@thyme> Date: Mon, 18 Dec 2000 13:21:00 -0800 (PST) From: enron.announcements@enron.com To: enron.services@enron.com Subject: Organizational Announcement Mime-Version: 1.0 Content-Type: text/plain; charset=ANSI_X3.4-1968 Content-Transfer-Encoding: quoted-printable X-From: Enron Announcements X-To: Enron Wholesale Services X-cc: X-bcc: X-Folder: \mark guzman 6-28-02\Notes Folders\All documents X-Origin: GUZMAN-M X-FileName: mark guzman 6-28-02.nsf 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.