Message-ID: <20310437.1075843942819.JavaMail.evans@thyme> Date: Mon, 12 Mar 2001 08:58:00 -0800 (PST) From: marsha.schiller@enron.com Subject: FW: EIM Office of the Chairman: Organizational Announcements - EIM Forest Products Group Cc: philippe.bibi@enron.com, michael.brown@enron.com, mark.frevert@enron.com, james.hughes@enron.com, louise.kitchen@enron.com, john.lavorato@enron.com, mike.mcconnell@enron.com, rebecca.mcdonald@enron.com, greg.piper@enron.com, jeffrey.shankman@enron.com, john.sherriff@enron.com, greg.whalley@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=ANSI_X3.4-1968 Content-Transfer-Encoding: 7bit Bcc: philippe.bibi@enron.com, michael.brown@enron.com, mark.frevert@enron.com, james.hughes@enron.com, louise.kitchen@enron.com, john.lavorato@enron.com, mike.mcconnell@enron.com, rebecca.mcdonald@enron.com, greg.piper@enron.com, jeffrey.shankman@enron.com, john.sherriff@enron.com, greg.whalley@enron.com X-From: Marsha Schiller X-To: Enron Industrial Markets@Enron X-cc: Philippe A Bibi, Michael Brown, Mark Frevert, James A Hughes, Louise Kitchen, John J Lavorato, Mike McConnell, Rebecca McDonald, Greg Piper, Jeffrey A Shankman, John Sherriff, Greg Whalley X-bcc: X-Folder: \Mark_McConnell_June2001\Notes Folders\Discussion threads X-Origin: MCCONNELL-M X-FileName: mmcconn.nsf Due to problems with Outlook on Thursday, a majority of people did not receive this memo so we are resending. Apologies if it is a duplicate. Thanks. Marsha -----Original Message----- From: Bowen Jr., Raymond Sent: Thursday, March 08, 2001 4:34 PM To: Enron Industrial Markets Cc: Bibi, Philippe A.; Frevert, Mark; Whalley, Greg; McDonald, Rebecca; Piper, Greg; Lavorato, John; Kitchen, Louise; Sherriff, John; Brown, Michael; Hughes, James A. Subject: EIM Office of the Chairman: Organizational Announcements - EIM Forest Products Group Enron Industrial Markets is at a key point in its development. At the end of March, we expect to close the purchase of Daishowa's Quebec City newsprint mill. When combined with Garden State, EIM is now the seventh largest newsprint producer in North America. These two plants will be a crucial catalyst for the transformation of the paper industry towards a true commodity marketplace with a robust spot market, transparent pricing mechanisms, and increased liquidity. As EIM begins this next stage of evolution in the pulp, paper and lumber markets, we have decided to rename our effort the "Forest Products Group". We are also pleased to announce the following organizational changes in our commercial organization. All of these individuals will report to the EIM Office of the Chairman. These changes are effective immediately. ? Rodney Malcolm will assume responsibility for a new Sales and Marketing Group within the Forest Products Group. The Sales and Marketing Group will be responsible for managing the sales of all physical products in which we make markets and the development of new markets for EIM in Asia and South America. The Sales and Marketing Group is also responsible for growing EIM's sales activities in financial risk management products. By combining physical and financial activities into one organization, we hope to accelerate the growth of our business and force the transformation of this industry. The Sales and Marketing Group will be the primary relationship contact with our producer and consumer customer base. ? Rob Saltiel will create a new Forest Products Origination Group. The Forest Products Origination Group will focus on seeking value in longer term, highly structured transactions. By setting up Origination as a stand-alone unit, we hope to increase the focus on higher value, long lead time opportunities. Rob joins us from Enron in London where he has enjoyed tremendous origination success in the U.K. and European power sector. Most recently, Rob has been with Enron Direct, Enron Europe's successful effort marketing energy to commercial customers. Please join us in welcoming Rob to EIM. Jay Boudreaux and Debbie Chance will be joining Rob's group. ? Bob Crane will continue to be responsible for trading and risk management in all Forest Product markets. ? Andy Kelemen will take the leadership of the Transaction Development Group. Transaction Development will continue to provide deal execution resources and deal management support to all EIM activities. Transaction Development will also handle all of EIM's corporate development and mergers and acquisitions activities. Andy joins EIM from ENA where he led the Transaction Development Group for West Origination. Prior to West Origination, Andy was with ENA Corporate Development. He joined Enron from McKinsey in 1996. Please join us in congratulating these individuals for their new roles. This new organization will allow us to more keenly focus on our mission: To be the premier market maker in physical products and financial risk management products in the Forest Products sector. As most of you are aware, Brian Burnett has decided to accept a position in Enron Broadband Services. Brian has been a key leader in building Enron's franchise in the pulp and paper markets and will be severely missed. Please join us in wishing Brian well in his new endeavor. Brian will continue to assist with transitional matters through the end of this quarter. On Tuesday, March 13th at 4:00 pm we are hosting an EIM all employee meeting and happy hour at the Mercury Room. Please plan to attend. We will begin the meeting with a business review and will provide more details about the new Forest Products Group organization. Jeff McMahon and Ray Bowen