ENRON'S Joseph W. Sutton
Joseph W. Sutton, vice chairman: Sold 614,960 shares for $40 million.
ENRON PROMOTES JOSEPH SUTTON TO VICE CHAIRMAN
Joseph W. Sutton Joins onExchange Advisory Board
Former Enron Vice Chairman Brings Electronic Market Expertise to Leading Provider of Derivatives Trading and Clearing Systems and Services
Cambridge, MA - March 13, 2001 - onExchange, Inc., a leading provider of comprehensive trading capabilities for electronic markets, today announced the appointment of Joseph W. Sutton to its Board of Advisors. Sutton, who was influential in the development of Enron Online, will provide strategic and tactical advice on the development of electronic marketplaces powered by onExchange trading and clearing systems.
"In order to compete effectively as dealers in energy, agriculture, commodity and financial marketplaces, companies need onExchange technology and services," said Sutton. "onExchange addresses the complexity of the back-office by providing significant efficiencies to OTC markets that are constrained by credit and back-office capabilities."
"We are pleased to have Joe Sutton's invaluable electronic market insight available to us and our partners," said Richard Jaycobs, CEO of onExchange. "His expertise in developing new markets and his extensive international business experience are of tremendous benefit to the markets served by onExchange."
At Enron, Sutton was integral to the development of the company's international business. Sutton served as Vice Chairman of Enron Corporation and was a member of the Executive and Management Committee of Enron Corporation. He was responsible for overseeing a large portion of Enron's wholesale energy business, international business, retail business, Construction and Engineering Company and Global Exploration and Production Business. Before joining Enron, Sutton was a career officer in the U.S. Army.
Sutton currently serves on several advisory boards and boards of directors and is Chairman of Sutton Ventures Group LLC.
onExchange provides comprehensive derivatives exchange and clearinghouse capabilities to regulated and OTC marketplaces. onExchange also provides regulatory expertise, product design, marketing and professional services to its partner marketplaces. All onExchange systems can be implemented modularly or in a comprehensive trading, clearing and risk management solution.
In addition to its technology solutions, onExchange operates a U.S. Commodity Futures Trading Commission-designated futures exchange and clearinghouse. The company is privately held and headquartered in Cambridge, Mass.. Its Web site address is www.onexchange.com
JOSEPH W. SUTTON TO LEAVE ENRON
FOR IMMEDIATE RELEASE: Tuesday, October 24, 2000
HOUSTON -- Enron announced today that Joseph W. Sutton, vice chairman, has notified the company that he will be leaving effective Nov. 1, 2000. Sutton joined Enron in 1992 and held a variety of leadership positions in Enrons international businesses. He was promoted to vice chairman in 1999.
Enron is a great company, and I have enjoyed working with our outstanding employees over the last eight years, said Sutton. As Enrons focus has shifted away from the international asset development business, I have decided to pursue opportunities where I can make greater use of my skills and experience in the development and operation of energy assets.
Joe has been instrumental in making Enron a successful global company. We will miss him, and we wish him the very best as he pursues new endeavors, said Kenneth Lay, chairman and CEO of Enron Corp.
Enron is one of the worlds leading electricity, natural gas and communications companies. The company, with revenues of $40 billion in 1999 and $60 billion for the first nine months of 2000, markets electricity and natural gas, delivers physical commodities and financial and risk management services to customers around the world, and is developing an intelligent network platform to facilitate online business. Fortune magazine has named Enron Americas Most Innovative Company for five consecutive years, the top company for Quality of Management and the second best company for Employee Talent. In addition, Enron ranks in the top quarter of Fortune's "Best 100 Companies to Work For in America. Enrons Internet address is www.enron.com. The stock is traded under the ticker symbol ENE.
Belongs to BEN (Business Executives for National Security)
Joseph W. Sutton
Sutton Ventures Group, LLC
Finally, here's a bit of inspiration from Joseph W. Sutton, vice-chair of Enron Corp.: "When a business goes into a region, it becomes part of the community, and needs to be a good citizen."
The Washington, D.C. based US-India Business Council (USIBC) is hosting many of the events for the corporate delegates in India. The USIBC's Board of Directors includes Frank Wisner, former Ambassador to India, currently representing the American International Group Inc (AIG), one of the largest insurance companies in the US. Also on the Council's board is Joseph W. Sutton of Enron, a Houston-based natural gas giant whose power projects in India have come under attack from environmental and community groups. Others on the board include Peter Howell of banking conglomerate Citigroup, Dinesh Keskar of Boeing India, Boyd Montgomery of UNOCAL and Charles Saris of Pfizer pharmaceuticals, to name a few.
The large corporate delegation accompanying Clinton includes former ambassador to India Frank Wisner, Lou Gestner, IBM's Chairman, Arun Netraveli, President of Bell Laboratories/Lucent Technologies, John Smith, CEO of General Motors, Kenneth Lay, Chairman and CEO of Enron and General Electric's CEO John Welch.
Many US corporations have increasingly come under fire from Indian activists, whose concerns range from human rights to the environment. Last year, Enron, the single largest foreign investor in India, was implicated in human rights violations in India by a Human Rights Watch. A lawsuit was recently filed against Union Carbide by victims of one of the worst industrial disasters in history fifteen years ago in Bhopal, India. Warren M. Anderson, chairman of the Union Carbide Corporation during the1984 Bhopal chemical disaster has apparently gone into hiding to avoid a summons to appear in a Manhattan federal court as part of civil proceedings against him and the company.
The following is a list of participants attending events hosted by the US-India Business Council during the Clinton visit, and includes corporate executives from both India and the US.
Anil Srivastava ,CEO and President AcrossWorld Communication
Anat Bernstein-Reich, Senior Vice President, Corporate Development
Kailash Kapur, President, India Operations Adaptive Broadband
Ashok Bhatt Kumar, President & Commissioner
AIMS Inc./Resource Soft Tech Inc./Public Utilities Comm.
Sunil Mehta, Country Head, India American International Group
Frank Wisner,Vice Chairman, External Affairs American International Group, Inc
Jon Arthur Sherk, Chief Counsel Amway Corporation
Shashanka Sharma, Deputy Geeral Manager Amway India Enterprises
Sudershan Banerjee, Managing Director and CEO Amway India Enterprises
Rajiv Maliwal, Director & Head, Corporate & Investment Banking Anz Banking Group Ltd.
Dr. P.B. Ram Reddy, President Apex Technologies, Inc.
Mohan Shah, Chairman Appletree Group
Arun Bhumitra, CEO Arjay.Net
Nirmal Sinha, President Asian Indian American Business Group
Vinayak Mahajan, Managing Director Asian Gas Ventures limited
Virat Bhatia, Managing Director AT&T India Ltd.
N. Anthony Wakim, International export Sales Manager Athey Products Corp
Arun Duggal, Bank of America
Paul Prager, President BBI Power Corporation
Swadesh Chatterjee, President Brandt Instruments, Inc.
Amrit Kiran Singh, Vice President & area Director-South Asia Brown-Forman Worldwide L.L.C.
Murray Jans, Executive Director Canada-India Business Council
Donald Conover, President CBay Systems
V.Raman Kumar, Chairman CBay Systems
Hitesh Shah, Sr Director, Product Marketing Centigram Communications Corp.
Brant Free, Sr VP The Chubb Corporation
Prem Jain, Vice President & General Manager Cisco Systems, Inc.
Chander Mittal, President, Founder & CEO CM Automotive Systems, Inc.
David Mengebier, VP, Gov't and Int'l Affairs CMS Energy
Brian Corbin, Vice President and Managing Director CMS Energy Asia PTE Ltd
Robert Vastine, President Coalition of Service Industries
Alex VonBehr, President CocaCola India
Joel Peres, Legal Counsel CocaCola India
Raj Vattikuti, President & CEO Complete Business Solutions, Inc
Sudipta Sen, CEO Comsat Max
Nitin Kulkarni, Regional Director, South Asia Corning, Inc.
Raj Rama, President CSG, Inc.
Anshuman Mishra, Executive Vice President Deepak Chopra Center
Deepak Talwar, President and CEO Deepak Talwar & Associates Inc.
Mukesh "Mike" Patel, President Diplomat Hotels/ AA.HOA
Vikram Rajadhyaksha, Chairman and Chief Executive Officer DLZ Corp.
Hemendra Kothari, Chairman DSP Merrill Lynch
Davinder Dogra, President & CEO E-Indiabiz.com, Inc.
Pankaj Vyas M.D, Eastern Carolina Medical Center
Ramesh K. Motwane, President & CEO Eastern Contractors, Inc
Inderjit Motwane, Chief Financial Officer Eastern Contractors, Inc.
Edward Hoppe, General Manager, Asia/Pacific Region Eastman Kodak Co.
Carl F Kohrt, Assistant COO & Executive Vice President Eastman Kodak Co.
Joseph Sutton, Vice Chairman Enron Corporation
Wade Cline, CEO Enron India Pvt. Ltd.
Sanjay Bhatnagar, CEO Enron, South Asia
Kashi Memani, Chairman Ernst & Young India
Manu Sawhne , Managing Director ESPN Software India LTD
Sambhu Banik, President Family Diagnostic and Theraputic Center
Chandulal K. Patel, Former President and Chairman Federation of Indo-American Associations
Sanjay Mundra, President &CEO First American Hotels, Inc
Prakesh Shah, Chairman First Growth Group, Inc.
Sunil Puri, President & CEO First Rockford Group
Jack Cotton, Regional Vice president Foster Wheeler Corporation
David F. Wolf, President Fremont Group
Richard Swando, President and Managing Director General Motors India, Ltd
Sri Palasamudram, President Geotouch.com
Paresh A. Shah, CEO Global Innovations, Inc.
Chacko Verghese, President & CEO Global Market Resources, Inc.
Niranjan Shah, CEO & Chairman Globetrotter Engineering Company
Abraham Robinson, President Health Management Inc.
Pavan Nigam, Co-Founder Healtheon-Web MD
Ganesh Ayyar, President Hewlett-Packard India Ltd
T.V. Krishnamurthy, Managing Director Huber Chemicals India Private Ltd.
Gopal Basisht M.D., IAAFPE & The Spirit of India
Ashok K. Trivedi, President & Co-Founder iGate Capital Corporation
Sunil Aghi, Founder/President Indo-American Political Foundation
Prabhat K. Andleigh , President & CEO InfoDream Corporation
Lalatendu Mohapatra, President Infotel International, Inc
Jay Desai, President, CEO and Founder Institute of Global Competitiveness, Inc.
Suresh L. Malik, Vice President International Jacobs Engineering Group Inc.
Walter Barber, Group President - Asia Jacobs Engineering Group Inc.
J. Bennett Johnston, President Johnston and Associates, LLC
Bharat Raut, Constituted Attorney KPMG Peat Marwick
Jay Kumar Patel, President Kumar Enterprises, Inc.
Robert Ziegenhagen, Managing Director Lever Johnson Limited
Dayanand Rachakonda M.D., Lung Institute of Nevada
Dinesh Patel, Chief of Arthroscopic surgery Massachusetts General Hospital
Ramesh Kapur, President Medical-Technical Gases, Inc.
Gordon Young, Senior Advisor Merrill Lynch
Rajir Nair, President Microsoft Corporation
Sanjay Mirchandani, Microsoft Corporation
Gopal Prasad, President Minerals and Fertilizers Limited
Mody Mukund, M.D.
Haresh Panchal , President National Federation of Indian American Association
Jaskaran S. Teja ,Chief Representative Director - India Nationwide Global
Craig A. Alvey, Associate VP & Director, Business Development Asia Nationwide Global
Gary G. Benanav, Chairman and CEO New York Life International, Inc.
Raymond Sander, Vice President New York Life International, Inc.
Georges Ugeux, Group Executive Vice President New York Stock Exchange
A.J Patel, CEO Odyssey Enterprises, Inc/The Indus Entreprenuers
Kent Burton, Senior V.P. Ogden Energy
T. Srinivasan, Sales Director Oracle
Shekhar Dasgupta, Country Manager Oracle
Lauren Lenfest, Vice President Oracle Corp.
Ranjan Chak, Executive Director, Oracle India Development Oracle Corp.
Krishna Srinivasa, President PCS
Robert A. Lewis, Director International Sales and Services Pratt & Whitney, Division of United Technologies Corporation
Neil Mehta, President and CEO Premier Medical Corp.
Ashok Chhabra, Director, Legal &Public Affairs Proctor & Gamble Hygene & Healthcare, Ltd.
Arun Savkur, President Quantum Leap Systems, Inc.
Mahesh Veerina, CEO/President Ramp Networks
Viru Raparthi, President and CEO RBCA Services, Inc.
Dr. Devendra Verma, General Partner Redwood Venture Partners, III, LLC
Atul Thakrar, Managing Director Rohm and Haas India Pvt. Ltd.
Ravi Subramanian, Chairman Silverline Technologies Inc
Anu Yallapragada, Regional Director Sinclair Group
Ravi Patel, President &CEO SREE Hospitality Group
Sudhir Parikh, President Sudhir Parikh, M.D.
Deepak Bhagat, Director Sun Microsystems, Inc
Anant Agarawal, Sr. Vice President Sun Microsystems, Inc.
Avinash Agrawal, Director, India Design Center Sun Microsystems, Inc.
AC Gupta, Country Manager Swagelok Company
Kenny Desai, President TAK Group
Ashok Mehta, President TATA, Inc.
Hari Nath, Chief Executive Officer Technology Planning and Management Corp. (TPMC)
Alan Weinberger, CEO TechnologyNet, Inc.
Shriramkumar Rajha, President and CEO Telesis Technologies, Inc
Suhas Patil, Former President The Indus Entreprenuers
Kailash Joshi, Charter member The Indus Entreprenuers
K.B. Chandrasekhar, The Indus Entreprenuers
Kanwa Rekhi, l The Indus Entreprenuers
Mark J. Reidy, Partner Thelen Reid & Preist LLP
Shan K. Thever, President, Senior Partner Thever & Associates
Kanwal Rehki, President TIE
Hasmukh R. Shah, Chairman TV Asia
Polly Holcombe, Director, Asia Pacific Unisys
Sampat Shivangi, President US Infosystems
Nalluru Murthy, Ventue Capital and Investor
Pradeep Saraogi, VP of Marketing Water Systems International, Ltd.
N. Krishnan, VP of India Operations Water Systems International, Ltd.
Myrna K Creek, CFO Water Systems International, Ltd.
Howard J. Siemers, CEO Water Systems International, Ltd
Saturday, July 7, 2001
Ray Childress among Houston Texans minority owners
HOUSTON (AP) Former Houston Oilers star Ray Childress and the chairmen of two major energy firms are among 10 minority owners of the NFL expansion Houston Texans, the team announced Friday.
Childress, a five-time Pro Bowl defensive lineman, is part of a group of local leaders who bought a combined 30 percent of the team. Texans founder Bob McNair and his family own the rest.
I am very honored that each of these individuals has decided to invest in the Houston Texans, McNair said. They represent a wide range of business and community interests but they all share one common bond they are winners in their fields.
Childress, a Dallas-area native who starred at Texas A&M before playing 11 seasons with the Oilers, currently is chairman of Ray Childress Auto Group, for which he remains visible as a television pitchman.
Chuck Watson, chairman and chief executive officer of Dynegy Inc. and owner of the minor-league Houston Aeros hockey team, will serve as a Texans vice chairman, McNair said.
Other minority owners include:
Kenneth L. Lay, chairman of Enron Corp. and a major proponent of the public funding effort to help build Reliant Stadium for the Texans and Enron Field for the Houston Astros.
Tilman J. Fertitta, head of Landry's Restaurants Inc. and a former minority stockholder of the Houston Rockets.
Kirbyjon H. Caldwell, senior pastor of Windsor Village United Methodist Church, best known nationally for introducing then-Gov. George W. Bush at the Republican National Convention last summer.
Robert R. Onstead, chairman emeritus of Randalls Food Markets Inc., which include Tom Thumb supermarkets across Texas.
Charles W. Duncan Jr., former president of Coca-Cola Co. and former U.S. energy secretary.
Harry Gee Jr., immigration attorney and founder of Harry Gee Jr. and Associates. Gee also was a vocal supporter of stadium funding.
Joseph W. Sutton, chairman and chief executive officer of Sutton Ventures Group LLC and a former vice chairman of Enron.
Philip J. Burguieres, chairman and chief executive officer of EMC Holdings LLC and vice chairman of the Texans.
The Texans begin play next year.
EX-IM BANK NAMES 2000 ADVISORY COMMITTEE
Expert Panel Convenes First Meeting March 27
Representing Production.HARRIET TAMEN
Tamen Law Office
New York, NY