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Enron Mail |
Enron purchases billions of dollars of products through its wholly owned=20
subsidiaries and venture companies worldwide. Historically, the Company ha= s=20 conducted these purchases in a highly fragmented, decentralized manner=20 allowing each of the operating units the discretion to source their=20 requirements in a manner that optimizes unit performance. Today, however,= =20 with the implementation of SAP and the profound explosion in=20 internet/intranet-based technologies, we believe the Company should change= =20 its direction and focus on aggregating its demand for goods and strategical= ly=20 sourcing these requirements on a global basis. We believe that there are= =20 significant cash savings to be extracted by the Company and also commercial= =20 potential for the formation of a highly profitable, business-to-business=20 e-Commerce venture. Effective February 1, 2000, Enron will form a new Global Strategic Sourcing= =20 unit. This new unit will consolidate the current successful strategic=20 sourcing initiatives underway in the Gas Pipeline Group, Global Asset=20 Operations and Enron Corp. Initially, Global Strategic Sourcing will focus= =20 on aggregating Enron=01,s internal, joint venture and business partner dema= nd=20 for products and services with the objective of creating a future=20 business-to-business e-Commerce venture. It gives us great pleasure to announce that George Wasaff, Managing Directo= r,=20 will lead this new global initiative. George will report directly to Mike= =20 McConnell, Chief Executive Officer for Global Technology. George has been with Enron for fourteen years and has held many senior=20 executive positions, the most recent of which was Managing Director of ENRO= N=20 South America's Wholesale Operations. George was also the Interim Chief=20 Executive Officer of Elektro from July 1998 through June 1999 and Chief=20 Executive Officer of Transportadora de Gas del Sur S.A. ("TGS") from June= =20 1995 through February 1998. George has also held numerous commercial=20 positions including Vice President and Country Manager, Mexico for Enron=20 International and Vice President of Marketing for Transwestern Pipeline=20 Company. Please join us in supporting this new global initiative and congratulating= =20 George in his new role with the Company.
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