Message-ID: <16177011.1075840885966.JavaMail.evans@thyme> Date: Fri, 25 Jan 2002 14:22:59 -0800 (PST) From: lorraine.becker@enron.com To: louise.kitchen@enron.com Subject: FW: Governance of UBS Warburg Mime-Version: 1.0 Content-Type: text/plain; charset=ANSI_X3.4-1968 Content-Transfer-Encoding: 7bit X-From: Becker, Lorraine X-To: Kitchen, Louise X-cc: X-bcc: X-Folder: \ExMerge - Kitchen, Louise\'Americas\Netco Restart X-Origin: KITCHEN-L X-FileName: louise kitchen 2-7-02.pst Sending on behalf of Dave Forster. Please let me know if you need anything else. Lorraine Governance of UBS Warburg Energy LLC The Integration Committee agreed on the following governance structure for the Enron integration with immediate effect: 1. Transitional Steering Committee This committee will be responsible for the overall management and co-ordination of the integration efforts for both the initial Launch Date and the later Disentanglement Date at the end of 2002. Committee Members: UBSW UBSW Energy Mike Hutchins (co-chair) Greg Whalley (co-chair) Pat O'Donnell Louise Kitchen Mike Bolin Proposed Logistics: ? This committee will meet on a weekly basis until shortly after the Launch Date, and then bi-monthly thereafter until December 31 2002. ? Minutes will be distributed to senior UBS and Enron management only. ? Proposed Time- Wednesday 8:30am CST 2. Integration Committee This committee will be responsible for the day-to-day management and co-ordination of the integration efforts for both the initial Launch Date and the later Disentanglement Date at the end of 2002. Any issues, which this committee cannot resolve, will be escalated to the Transitional Steering Committee. Proposed Committee Members: Function UBSW UBSW Energy Management Pat O'Donnell (co-chair) Louise Kitchen (co-chair) Program Management Mark Bridges, David Forster Beth Barrett d'Auria CFI Mike Hutchins, Collette Dow Operations Ernie Pittarelli Sally Beck Legal Louis Eber Mark Haedicke Financial Operations Per Dyrvik Wes Colwell Credit Bill Glass Bill Bradford Market Risk Mike Stockman David Port IT Matt Meinel Jay Webb Infrastructure Jenny Rub Canada Peter Keohane Security Steve Kinross Corp. Communications Claudia Robinson Sid Karpoff HR Audrey Martin, Oxley, David Cheryl Roberts Corp. Services Bruce Reilly Wes Colwell CRE Markus Buergler Jeff Golden Governance of UBS Warburg Energy LLC 24/01/2002 2 Proposed Logistics: ? This committee will meet on a weekly basis until reviewed at December 31 2002. ? Minutes will be distributed to the Transitional Steering Committee and team members as appropriate. ? Time - Thursday 9:00am CST 3. Gas and Power Operating Committee: This committee will be responsible for the operational running of the Gas and Power Trading business. The initial focus of this group will be the re-starting of the business. Following the relaunch the purpose of the Management Committees will be to push through its strategic plans and targets globally, to be able to react to market changes quickly, and provide a forum for communication across all locations. These committees should also maintain, and develop further, any synergies between the Gas and Power Business and other UBS businesses. Proposed Committee Members: UBSW Energy Louise Kitchen (co-chair) Greg Whalley (co-chair) Tim Belden Chris Calger John Lavorato Kevin Presto Hunter Shively Rob Milnthorp Plus ad hoc members of the Logistical support functions as and when required Proposed Logistics: ? This committee will meet on a weekly basis but not before March 2002. ? Prior to March 2002, this committee will be replaced by two sub-committees - the Operational Re-start Sub-Committee and the Commercial Re-start Sub-Committee. 3(i) Operational Restart Sub-Committee This subcommittee will be responsible for ensuring that the support functionality is full available at the restart date. Proposed Sub-Committee Members: Function UBSW UBSW Energy Pat O'Donnell (co-chair) Louise Kitchen (co-chair) Mike Bridges Operations Sally Beck Legal Mark Haedicke Financial Operations Wes Colwell Credit Bill Bradford Market Risk David Port IT Jay Webb Infrastructure Jenny Rub Canada Peter Keohane Program Management David Forster Governance of UBS Warburg Energy LLC 24/01/2002 3 Proposed Logistics: ? This sub-committee will meet weekly until disbanded. ? Time Tuesday 8:00am CST 3(ii) Commercial Re-start Sub-Committee This subcommittee will be responsible for ensuring that the UBS Warburg Energy Counterparties are capable of transacting with our new company in the shortest time possible and in the most efficient way for both the counterparty and UBS Warburg Energy. Proposed Sub-Committee Members: Function UBSW UBSW Energy Louise Kitchen Legal Bryan Murtaugh Mark Taylor Elizabeth Sager/Leslie Hansen Mary Cook/Jeff Hodge Credit Bill Glass Bill Bradford Peter Keohane Barry Tycholiz Frank Vickers Laura Luce Rob Milnthorp Chris Calger Program Management David Forster Other members to be announced Proposed Logistics: ? This sub-committee will meet weekly until disbanded. ? Time Tuesday 10:00am CST