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- Subject: succession plan
- it is my great pleasure to announce that the board has accepted my
- recommendation to appoint jeff skilling as chief executive officer , effective
- at the time of their next board meeting on february 12 , 2001 . jeff will also
- retain his duties as president and chief operating officer . i will continue
- as chairman of the board and will remain at enron , working with jeff on the
- strategic direction of the company and our day - to - day global operations .
- jeff will assume the role at a time when the company is hitting on all
- cylinders and is positioned for phenomenal growth . he is clearly ready for
- the job , and after 15 years as ceo of this great company , i , m ready for a
- somewhat different role .
- our succession plan has been clear for some time . this has afforded jeff and
- me the freedom to combine our strengths toward building a company that
- continues to exceed everyone , s expectations , including our own . we look
- forward to furthering that relationship as jeff expands his role .
- there are no plans for any other changes in our management team nor broad
- shifts in strategy and direction .
- please join me in congratulating jeff . i look forward to a great 2001 .
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