CINDY K. OLSON NAMED VICE PRESIDENT OF CORPORATE AFFAIRS FOR ENRON CORP.
FOR IMMEDIATE RELEASE: Friday, October 11, 1996
HOUSTON -- Enron Corp. announced today that Cindy K. Olson has been named vice president of Corporate Affairs
Olson's responsibilities include overseeing activities associated with corporate giving, memberships and volunteerism, as well as directing Enron's elementary and secondary educational initiatives. Olson also will devote a significant amount of time to community and civic fundraising.
"Cindy's broad-based knowledge of Enron's business operations and her track record as a volunteer complement Enron's long-standing commitment to the community at large," said Kenneth L. Lay, Enron chairman and chief executive officer.
Previously, Olson was vice president of Wholesale Operations Services for Enron Capital & Trade Resources (ECT), where she was responsible for deal capture and documentation, risk management administration, logistics and client services for ECT's wholesale operations. She has served in various management capacities within Enron's interstate pipeline companies, including vice president of Finance, Planning and Administration for Transwestern Pipeline, and vice president for Enron's Gas Accounting and Gas Measurement functions. Olson joined Enron in 1979 in the Northern Natural Gas Corporate Auditing Department.
Olson serves on the executive finance committee of the Southern Gas Association and on the board of directors of the Houston Chapter of Juvenile Diabetes. She holds a B.S. degree in business administration and accounting from Wichita State University in Kansas.
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:
Carol Hensley
(713) 853-6498
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