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Enron Mail |
As all of you know, Diane, Douglas, George, Rick and myself have been engaged
in trying to identify a person who we might prefer to Bob Pickel as CEO designate of ISDA. This, as expected, has been a challenging task. Recognising Bob's strenghths, it was felt that we should focus the search on identifying someone whose was wanting to do the role emphatically for reasons other than its intrinsic financial compensation. We hired an executive search Firm to assist us. A number of candidate lists were vetted by the Group and more than 50 calls were made. A number of people were interviewed. But we have not been successful. At this time I believe the prospects of our finding someone who would contribute more than Bob for the range of compensation we are offering is small relative to the risk to the Association of waiting longer to nominate Bob. I have myself spent quite some time with Bob these last two months and I am very confident he will make an excellent CEO. I sat down with him last week - just to be sure he has the right degree of interest - and this opinion was re-inforced. It is the view of those of us who have been specifically engaged in this process - Diane, Douglas, George, Rick and myself - that we recommend to the Board that Bob be appointed CEO designate. I have spoken to a number of you last month while in the Far East on this topic. I will be proposing this to the Board next week - and there will if necessary be time to discuss it - but I would like to know in advance please if there are any of you who hold a different view. Regards Keith
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