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INVENSYS APPOINT CHIEF OPERATING OFFICER IN ENERGY MANAGEMENT DIVISION
07 May 2002 - Invensys plc
| Invensys announcen the appointment of Dan Leff to lead its Energy Management Division. Dan, 42, joins Invensys from a position as Chairman and CEO of the Energy Services Division of Enron Corporation. He was appointed to this role in late December 2001 following the company's filing for chapter 11 bankruptcy. In March 2002, Dan was asked to join the new senior management team of Enron and assume responsibility for maximising the value of the creditors' and stakeholders' holdings and assets across Enron's global wholesale and retail energy businesses. |
From February 2001 through to December 2001 Dan was Chief Operating Officer of the Enron Energy Services division, leading businesses covering energy demand, engineering, construction, operations, maintenance, and facilities management services for the energy and Heating, Ventilation and Air Conditioning (HVAC) sectors of commercial and industrial properties throughout the US and Europe. Between 1992 and 1997 Dan founded, built and operated his own company, FMES Inc. This became a successful large-scale energy services company addressing commercial and industrial customers in the US. It was preparing for a public offering or private investment to finance its growth strategy in 1997 when Dan was approached by Enron to sell his business and join Enron Energy Services. Prior to that he was President and CEO at Pilot Energy Corporation. He began his career at United Technologies Carrier Corporation in a number of US and international postings. CEO, Rick Haythornthwaite said, 'Dan Leff was the outstanding candidate for this role. His entire career has focused on the provision and management of energy services for commercial and industrial users and is perfectly matched to our vision. The knowledge Dan brings of large-scale energy solutions and infrastructural management more than qualifies him to lead our Energy Management Division. At the same time, his experience of the evolving US and European energy markets will deepen our understanding of the growth opportunities in this relatively young industry. In the aftermath of the Enron collapse, we should not lose sight of the fact that the company contained many good people and real businesses. We are very pleased to have attracted Dan.' Invensys' Energy Management Division, created as part of the Group's recent strategy review, focuses on markets connected with power and energy infrastructure for industrial, commercial and residential buildings. The Division works with customers involved in the supply, measurement and consumption of energy to help them control costs and comply with increasing environmental requirements.
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About: Invensys plc
Invensys is a global automation, controls and process solutions Group. We empower you to increase productivity, reduce waste, remove cost from your supply chain, boost profitability and demonstrate measurable improvement in your company's overall performance.
As a global leader in resource productivity, Invensys offers products and services, expertise, and technologies that enable you to maximize return on investments, conserve resources and optimize performance across your value chain.Operating in more than 60 countries worldwide, Invensys meets the needs of the process and batch industries - from oil & gas, powerand utilities, chemicals, and rail systems to food & beverage, healthcare, and data communications - as well as the discrete and hybrid manufacturing sectors, and provides components, systems and services to the heating management, commercial refrigeration, residential safety and automotive industries, and electronic and electro-mechanical systems and components to appliance and related industries. Not only do we help improve your bottom line, by enabling you to manage your assets more efficiently, but we also help you to protect the environment. As the result of our efforts, we have been awarded the prestigious Energy Star Label by the United States Environmental Protection Agency (EPA). Taking an integrated strategic approach to increasing your productivity, we enable you to increase output from your existing plants and technology investments, provide you with solutions that create more efficiencies in your supply chain, and increase performance at every level. From the production line to executive offices, from customer relationship and procurement management to distribution logistics, we can help you improve productivity, optimize performance, and increase profitability. |
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