Word: cfo
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...firms in the industry--Calpine, AES, Reliant Resources and Mirant--as likely targets. RWE CEO Dietmar Kuhnt insists that "we've done a lot of good acquisitions, and now we want to rest." But when analysts asked whether RWE had ruled out buying one of the big merchant generators, CFO Klaus Sturany said, "We are talking about one or two power plants at most...
...later promoted to CFO, where he was responsible for establishing fees for a variety of UHS services and coordinating them with University officials...
...asked, was chief financial officer Andrew Fastow sharing the stage--and gainfully employed--considering that he had just blown half a billion dollars mismanaging several Enron partnerships and earned $30 million doing it? Lay put his arm around Fastow and proclaimed his "unequivocal trust" in the CFO. The partnership accounting was complex stuff, Lay explained, but Fastow was on top of it--or he'd be in big trouble. A day after that buddy-buddy display, Fastow was history...
...Tufts, where he studied Chinese and economics as an undergrad and played a little trombone and tennis on the side. Most Enron employees didn't know who he was until relatively recently. As head of Enron Capital Management--his job in 1997 and '98, when he was named CFO--he wielded his power across a very narrow band. In contrast to the avuncular Lay and the brilliant Skilling, Fastow was a PowerPoint executive whose number-crunching talent far exceeded his managerial and people skills. Indeed, when Fastow was charged with running an actual business--he was named managing director...
...Tufts, where he studied Chinese and economics as an undergrad and played a little trombone and tennis on the side. Most Enron employees didn't know who he was until relatively recently. As head of Enron Capital Management--his job in 1997 and '98, when he was named CFO--he wielded his power across a very narrow band. In contrast to the avuncular Lay and the brilliant Skilling, Fastow was a PowerPoint executive whose number-crunching talent far exceeded his managerial and people skills. Indeed, when Fastow was charged with running an actual business--he was named managing director...