Executive Bio

Jeffrey K. Skilling is president and chief executive officer of Enron, a position he has held since February 2001. Previously, Mr. Skilling had been president and chief operating officer since January 1997. Mr. Skilling sits on Enron's board of directors and is a member of the company's Executive Committee and Corporate Policy Committee. Mr. Skilling joined Enron in 1990 to further develop the company's nonregulated merchant business within Enron Wholesale Services (EWS), formerly Enron Capital & Trade Resources. Under Mr. Skilling's leadership, Enron pioneered the use of risk management products and long-term contracting structures in the natural gas industry and has since applied similar concepts to the electricity industry. Today, Enron is the largest independent buyer and seller of natural gas and electricity in North America and is extending its capabilities to Internet broadband services.

Prior to joining Enron, Mr. Skilling was a senior partner at McKinsey & Company, where he oversaw the firm's worldwide energy and North American chemical consulting practices. Mr. Skilling also served as a corporate planning officer with First City National Bank of Houston and as an associate with MJH Nightingale and Company, Ltd., an investment banking firm in London, England. Mr. Skilling received a bachelor's degree from Southern Methodist University and an MBA degree from Harvard Business School.

In addition to his responsibilities at Enron, Mr. Skilling sits on the boards of directors for the Greater Houston Community Foundation, the Houston Technology Center, and the Houston Branch - Federal Reserve Bank of Dallas. He is also a member of the Advisory Board for the North American Electric Reliability Council. In 1997, Mr. Skilling was recognized by the New York Mercantile Exchange (NYMEX) as the first recipient of its Director's Award for Global Vision in Energy. Mr. Skilling was also chosen as Multiple Sclerosis Society's Man of the Year for 2000.

Enron is one of the world's leading electricity, natural gas and communications companies. The company, with revenues of $101 billion in 2000, markets electricity and natural gas, delivers physical commodities and financial and risk management services to customers around the world, and has developed an intelligent network platform to facilitate online business. Fortune magazine has named Enron "America's Most Innovative Company" for six consecutive years. Enron's Internet address is www.enron.com. The stock is traded under the ticker symbol "ENE."

Date of birth: November 25, 1953