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- Subject: organization announcement
- enron purchases billions of dollars of products through its wholly owned
- subsidiaries and venture companies worldwide . historically , the company has
- conducted these purchases in a highly fragmented , decentralized manner
- allowing each of the operating units the discretion to source their
- requirements in a manner that optimizes unit performance . today , however ,
- with the implementation of sap and the profound explosion in
- internet / intranet - based technologies , we believe the company should change
- its direction and focus on aggregating its demand for goods and strategically
- sourcing these requirements on a global basis . we believe that there are
- significant cash savings to be extracted by the company and also commercial
- potential for the formation of a highly profitable , business - to - business
- e - commerce venture .
- effective february 1 , 2000 , enron will form a new global strategic sourcing
- unit . this new unit will consolidate the current successful strategic
- sourcing initiatives underway in the gas pipeline group , global asset
- operations and enron corp . initially , global strategic sourcing will focus
- on aggregating enron , s internal , joint venture and business partner demand
- for products and services with the objective of creating a future
- business - to - business e - commerce venture .
- it gives us great pleasure to announce that george wasaff , managing director ,
- will lead this new global initiative . george will report directly to mike
- mcconnell , chief executive officer for global technology .
- george has been with enron for fourteen years and has held many senior
- executive positions , the most recent of which was managing director of enron
- south america ' s wholesale operations . george was also the interim chief
- executive officer of elektro from july 1998 through june 1999 and chief
- executive officer of transportadora de gas del sur s . a . ( " tgs " ) from june
- 1995 through february 1998 . george has also held numerous commercial
- positions including vice president and country manager , mexico for enron
- international and vice president of marketing for transwestern pipeline
- company .
- please join us in supporting this new global initiative and congratulating
- george in his new role with the company .
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