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Uncertain control: Enron Wind hiatus at the top

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Just over a month after new top executives were appointed at Enron Wind Corp, it was unclear who was at the helm of the nation's largest wind company. In mid-February, Dave Ramm was made president after Ken Karas had left the company, while Kurt Hunecke was announced as chairman (Windpower Monthly, March 2000). But on March 20, a national electrical contractor, Integrated Electrical Services, publicly announced it had named Dave Ramm as its new president, CEO and director, effective immediately. Like Enron Wind's giant parent, Enron Corp, IES is based in Houston. It is a publicly traded company that contracts to provide electrical services and maintenance in the information technology, power line, industrial, commercial and residential markets. "No comment" was the only response from Enron Corp on March 29, which now wholly owns Enron Renewable Energy Corp, of which Enron Wind is part. The uncertainty hardly helps confidence in Enron Wind so soon after it lost Karas. Ramm had been seen as a solid appointment. He had previously been president and CEO for two years of Enron Wind Technology Corp, and was with United Technologies Corp for 14 years, where he held senior positions with Pratt & Whitney Space Propulsion, International Fuel Cells Corp, and with Otis Elevator. Hunecke, also chairman of Enron Renewable Energy, has been with Enron Corp for more than 20 years.

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