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Enron Mail |
Ken per my voice mail......thanks.
-----Original Message----- From: =09Watkins, Sherron =20 Sent:=09Wednesday, October 24, 2001 4:14 PM To:=09Olson, Cindy Subject:=09FW: Your new CFO spot and the job I want Cindy, I sent this to Jeff McMahon today. I wanted you to see it. You can= forward it to Ken if you'd like - I am very interested in speaking with hi= m as soon as that can be arranged. I very much appreciate your insightful = and professional support of me in all of this from day one! Thanks, Sherro= n. -----Original Message----- From: =09Watkins, Sherron =20 Sent:=09Wednesday, October 24, 2001 4:12 PM To:=09McMahon, Jeffrey Subject:=09Your new CFO spot and the job I want Jeff, Congratulations, you deserve the job and can do it superbly! You kno= w you will need to replace Ben Gilson as Treasurer - possibly with Bill Bro= wn. =20 My issue, and I feel very strongly about this, is that I want to be on the = crisis management team to determine how we save our trading franchise. It = can disappear over night and I believe there's more bad news coming re: the= se raptor deals (ie, restatement). I have clearly proven myself to be the = only person at Enron that had the character, at great risk to my own career= , much less personal risk, to go to Ken Lay and let him know what was going= on here. I resent all these late comers joining the band wagon - it's dam= n easy to make a statement now, when Ken has made the hard decision to unwi= nd these deals and write them off. Mainly I resent being stuffed into a ho= lding tank, I should not be the pariah here! Despite your comment to me se= veral weeks ago when I told you that's how I felt and you replied "what did= you expect?" I have been professional in this 100%, I went to Ken and Ken= alone, in contrast to yesterday's VP Jim S. who put Ken on the spot by ask= ing unanswerable questions at the all employee meeting. I hope to meet with= Ken Lay soon. But I'd like to talk to you about my role in the 'inner cir= cle', because I firmly believe I deserve it and have proven so by my past e= valuations of the negative impact of these structures and then by my action= s in doing something about it. You can help me with your endorsement of me= to Greg Whalley, Mark Frevert and Ken Lay. I hope I have it. Thanks and = good luck in the new job, Sherron -----Original Message----- From: =09Enron Announcements/Corp/Enron@ENRON On Behalf Of Ken Lay- Chair= man of the Board@ENRON Sent:=09Wednesday, October 24, 2001 3:50 PM To:=09All Enron Worldwide@ENRON Subject:=09Jeff McMahon Named CFO Today we announced the appointment of Jeff McMahon as Enron's chief financi= al officer. In my continued discussions with the financial community yeste= rday and today, it became clear that this move was required to restore inve= stor confidence. Jeff has unparalleled qualifications and a deep and thoro= ugh understanding of Enron. He is already on the job and hard at work on t= he issues before us. Andy Fastow will be on a leave of absence from the co= mpany. =20 Jeff had been serving as chairman and CEO of Enron Industrial Markets. He j= oined Enron in 1994 and spent three years in the London office as chief fin= ancial officer for Enron's European operations. Upon returning to the U.S.= , Jeff was executive vice president of finance and treasurer for Enron Corp= . In 2000, he was named president and chief operating officer of Enron Net= Works. I know all of you are concerned about the continuing decline in our share p= rice. I am too, and we are working very hard to turn it around. Appointin= g Jeff as CFO is one important step in that process. But most of the solut= ion involves just continuing to do our jobs with excellence. The fundament= als of our business are strong, and I think the market will begin to see th= at as we continue to perform. Please join me in giving Jeff your full support, and thank you for all of y= our continued hard work.
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