Subject: organization announcement
at enron net works , it has become clear that we have a tremendous opportunity
to utilize our unique strengths , skills and new business efforts across an
entire new set of opportunities being created in the private equity markets .
because of this , we have reorganized the enron net works investments group
with the view to leveraging the group better across strategic opportunities
in the ecommerce and technology space , and within enron .
effective immediately , jay fitzgerald will take responsibility for setting
enw  , s investment strategy and the implementation of that strategy . reporting
to him in this new role will be steve horn and the venture investing group .
further , allan sommer will be joining jay  , s team to focus on developing new
market opportunities , with a focus on working with the various domestic and
international enron business units to develop ecommerce - related businesses
and strategies .
jay will be working out of both the new york and houston offices in his new
role , and may be reached at jay @ enron . com or by phone at either ( 212 )
702 - 3934 or ( 713 ) 853 - 9914 .