Enron Goes to Its Bench

The energy giant is building on its strengths by naming two in-house execs with trading backgrounds to help fill ex-CEO Jeffrey Skilling's shoes

Two weeks after the surprising exit of President and Chief Executive Officer Jeffrey Skilling, Enron Corp. has plucked two rising stars from the company's largest corporate division to help fill his shoes. On Aug. 28, the Houston-based energy trader named Greg Whalley as president and chief operating officer, and tapped Mark Frevert as vice-chairman. Both Whalley, 39, and Frevert, 46, were previously top executives in Enron Wholesale Services, the company's gas, power, and nonenergy-commodity trading division. They'll join Chairman and CEO Kenneth L. Lay in the office of the chairman, which is responsible for overseeing all the company's top-level decisions.

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