Word: kenyon
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...Kenyon Departs for Catamount Territory...
...similar fashion, the Harvard women's soccer team lost one of its best assistants. After three years behind head coach Tim Wheaton, Jodi Kenyon departed Cambridge in favour of Burlington, Vermont and a head position with the Catamount squad...
...million loss for the fourth quarter of 1996, the utility barely broke even for the year, reporting net income of $1.8 million, down from $282.4 million in 1995. With Northeast stock trading at about $12 a share--half its 1995 level--company chairman Bernard Fox has decided to retire. Kenyon, who was forced to negotiate a $314 million line of credit for the company last fall, admits Northeast could go bankrupt early next year if it doesn't get at least one plant running by then. "I don't know exactly where the cliff is," he says...
...transform Northeast's "culture, values, processes and standards--and get the plants safely back online," Kenyon says, he has brought in new managers from leading utilities around the country. He hired a former Northeast whistle blower named Paul Blanch to work on a revamped employee-concerns program, created a dedicated "recovery team" for each plant and asked the demoralized and skeptical Millstone rank and file to help him weed out problem managers. (Both an NRC Special Project Office and an "independent corrective-action-verification team" of industry consultants will oversee the work; plant restart will require a commission vote.) This...
...Millstone engineer named Al Cizek, alleging more wrongdoing and calling on the NRC to suspend Millstone's license if Northeast racks up more safety violations. These skeptics believe the NRC's new vigilance is mostly for show. As evidence, they point to a February working lunch between Northeast's Kenyon and the NRC's new executive director, Joe Callen. According to a Northeast memo describing the meeting, Callen told Kenyon that "the overwhelming concern of the NRC is that [it does] not become an obstacle to restart"--a troubling concept to those who believe safety should be the chief concern...