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FOR IMMEDIATE RELEASE: Wednesday, September 11, 1996
HOUSTON -- Enron Capital & Trade Resources Corp. (ECT), a subsidiary of Enron Corp., announced today the appointment of John C. Gorman as president of ECT Canada Corp. in Calgary. With more than 25 years of experience in global finance, Mr. Gorman will continue to strengthen ECT’s presence as a provider of physical and financial services in the Canadian energy market.
“John has long been recognized as a leader in the Calgary business community,” said Jeffrey K. Skilling, chairman and CEO of ECT. “He brings invaluable industry knowledge and financial expertise to our Canadian operations.”
Gorman joins ECT from Bank of Montreal, where he held a variety of assignments in Calgary, Montreal, Toronto, Singapore, London and Mexico City. For the last seven years, he was senior vice president of Corporate and Institutional Finance of the bank in Calgary. Prior to his career at Bank of Montreal, Gorman was affiliated with Nesbitt Thomson in Ottawa.
Mr. Gorman holds a bachelor’s degree in economics and political science from the University of Ottawa and an M.B.A. from the University of Western Ontario.
Enron Corp., one of the world’s largest integrated natural gas and electricity companies with approximately $15 billion in assets, operates the largest natural gas transmission system in the Western Hemisphere and the second largest system in the world; is the largest purchaser and marketer of natural gas and the largest non-regulated marketer of electricity in North America; produces and markets natural gas liquids worldwide; owns 59 percent of Enron Oil & Gas Company, one of the largest independent (non-integrated) exploration and production companies in the United States; owns 59 percent of Enron Global Power & Pipelines L.L.C., which is owner and manager of operating power plants and natural gas pipelines around the world; and is one of the largest independent developers and producers of electricity in the world. Enron Corp. is traded under the ticker symbol, "ENE."
For additional information please contact:
Gary Foster
(713) 853-4527
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