Enron Mail

From:mike.nelson@enron.com
To:stanley.horton@enron.com
Subject:Per discussion - article on Rebecca Mark
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Date:Tue, 27 Nov 2001 11:23:53 -0800 (PST)

FREE AND CLEAR OF ENRON'S WOES
Edited by Sheridan Prasso
By Stephanie Anderson Forest

11/26/2001
BusinessWeek
Page 16
(Copyright 2001 McGraw-Hill, Inc.)
Back in Enron's heyday, one of its rising stars was Rebecca Mark. Nicknamed ``Mark the Shark'' because of her ferocious ambition, she made her name in the early '90s building the energy giant's international operations, including the now-troubled Dabhol power plant in India. Once rumored to be a successor to Enron CEO Ken Lay, she resigned from Enron in August, 2000, after two years of heading Enron's ailing water company spin-off, Azurix .
These days, as Enron struggles to stay afloat, Mark-Jusbasche (who hyphenated her name with that of her husband of two years) is watching the action from the sidelines. And she'd like to keep it that way. ``I'm very surprised and saddened by [what has happened at Enron], and I wish them all the best,'' she says. Beyond that, Mark-Jusbasche, 47, is not much interested in talking about Enron, which is being acquired by a small rival after a spectacular Wall Street flameout. Mark left Enron with millions of dollars worth of Enron shares, although she says she has sold them since.
Mark-Jusbasche spends most of her time serving on advisory boards, both at Yale and Harvard business schools, as well as the school where her 16-year-old twin sons from a previous marriage are sophomores.
In her spare time, she seeks out opportunities for investing. Currently, Mark-Jusbasche is considering alternative-energy and water-technology companies. A farm girl from Missouri, she has one investment focus that's especially dear to her heart: looking into expanding her cattle ranches. She now owns 15 acres in New Mexico. ``I'm doing things that are fun, interesting, and important to me--family and community,'' she says. Sure beats being anywhere near Enron.