Message-ID: <11687770.1075857267609.JavaMail.evans@thyme>
Date: Fri, 14 Apr 2000 09:21:00 -0700 (PDT)
From: enron.chairman@enron.com
To: enron.commitee@enron.com
Subject: ENA Organizational Changes
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ENA=01,s first quarter performance has been outstanding which has been achi=
eved=20
by the exceptional talent and hard work of all ENA employees.  ENA=01,s abi=
lity=20
to quickly move people to new business ventures and market opportunities,=
=20
such as Enron Net Works, reinforces the depth of talent in ENA, our continu=
ed=20
commitment to encourage innovation and creativity in all things we do and o=
ur=20
enthusiasm to support people in pursuing new ideas.

Accordingly, following the recently announced launch of Enron Net Works and=
=20
the associated personnel movements, we are pleased to announce the followin=
g=20
changes within ENA effective immediately.

John Lavorato will be relocating from Calgary to Houston to oversee all ENA=
=20
risk management and trading activities and will report to the Office of the=
=20
Chairman.  John will have direct responsibility for all natural gas, power,=
=20
emissions, equities and rates trading. As well, John will have direct=20
responsibility for the risk management and trading functions within the Pul=
p=20
& Paper, Coal and Global Risk (weather and insurance) businesses.  Otherwis=
e,=20
the Pulp & Paper, Coal and Global Risk businesses will report to the Office=
=20
of the Chairman.  Following John=01,s departure from Canada, we have asked =
Rob=20
Milnthorp to be the President of Enron Canada.

Following the departure of Greg Piper, the Industrial Origination team will=
=20
be co-headed by Jim Ajello, Rodney Malcolm and Edward Ondarza who will repo=
rt=20
to the Office of the Chairman.  Jim, Rodney and Edward will work as a team =
to=20
ensure the continued growth of ENA=01,s large industrial capability.=20
Notwithstanding their joint accountability, each will have a distinct focus=
=20
and responsibility within the industrial group.  Jim Ajello will focus on t=
he=20
coverage and marketing efforts for all industrial segments except pulp and=
=20
paper.  Edward Ondarza will focus on our market making, coverage and=20
marketing efforts in the pulp and paper industry.  Rodney Malcolm will focu=
s=20
on product development, structuring and execution functions for all=20
industrial segments.

We have asked Jeff Donahue to oversee all ENA Corporate Development and=20
Principal Investing activities and will report to the Office of the=20
Chairman.  Corporate Development will continue to seek strategic acquisitio=
n=20
opportunities in existing and new businesses.  The Principal Investing grou=
p=20
will continue to focus on equity and venture capital syle investments in hi=
gh=20
growth business lines which are directly related to ENA=01,s core businesse=
s or=20
are significantly influenced by trends related to our business.  Given this=
=20
change, Ray Bowen will be solely responsible for the management of ENA=01,s=
=20
Commercial Transactions (CTG) Group. =20

With the departure of Ron Slimp to EBS, Scott Tholan will be managing our=
=20
Competitive Analysis and Reporting Group and will report to John Lavorato.

Please join us in congratulating all of the individuals in their new roles=
=20
and responsibilities.