David

Tossing aside the need for investment-grade credit, NRG Corp.’s new CEO, David Crane, told a financial audience Tuesday that his company is poised to become the first real success story in the merchant generation sector. He called NRG the “anti-Calpine” in remarks at the Lehman Brothers’ 2004 High-Yield Bond Syndicated Loan Conference in Orlando, FL.

Stone Energy Corp., headquartered in Lafayette, LA, has elected David H. Welch as its new president and CEO and as a member of the board of directors, effective April 1. Current President and CEO D. Peter Canty is retiring, however, he will continue as a director. Welch, 55, began working at Amoco in 1978 and subsequently, at BP America Inc. where he most recently served as senior vice president responsible for all external affairs in North America. He also was president of BP Alaska Canada Gas, and was earlier president of BP’s Deepwater Gulf of Mexico Development and Production business. Canty’s association with Stone began in 1981 when he joined a predecessor company. He was the primary designer of the acquisition and exploitation strategy that has been responsible for the successful development and growth of Stone since its formation.

Former Westar Energy CEO David Wittig on Friday was sentenced by U.S. District Judge Julie Robinson to 51 months in federal prison, without parole, to be followed by three years of supervised release, and ordered to pay a $1 million fine after Wittig last summer was found guilty of one count of conspiracy, four counts of making false bank entries and one count of money laundering following a 10-day jury trial.

Former Westar Energy CEO David Wittig on Friday was sentenced by U.S. District Judge Julie Robinson to 51 months in federal prison, without parole, to be followed by three years of supervised release, and ordered to pay a $1 million fine after Wittig last summer was found guilty of one count of conspiracy, four counts of making false bank entries and one count of money laundering.

MidAmerican Energy Holdings Company (MEHC) Chairman and CEO David Sokol joined Alaska Gov. Frank Murkowski in Fairbanks Thursday in announcing a preliminary filing with the state for favorable tax treatment to build the Alaska portion of a 4.5 Bcf/d gas pipeline to deliver North Slope natural gas to markets in the Midwest.

MidAmerican Energy Holdings Company (MEHC) Chairman and CEO David Sokol joined Alaska Gov. Frank Murkowski in Fairbanks Thursday in announcing a preliminary filing with the state for favorable tax treatment to build the Alaska portion of a 4.5 Bcf/d gas pipeline to deliver North Slope natural gas to markets in the Midwest.

Duke Energy’s new CEO, Paul Anderson, announced the formation of a new executive committee last week, made up of COO Fred Fowler, CFO David Hauser, Chief Development Officer Jim Mogg, Group Vice President Rich Osborne and General Counsel Martha Wyrsch.

Duke Energy’s new CEO Paul Anderson announced Wednesday a new executive committee, made up of COO Fred Fowler, CFO David Hauser, Chief Development Officer Jim Mogg, Group Vice President Rich Osborne and General Counsel Martha Wyrsch.

Former Westar Energy CEO David C. Wittig and Douglas T. Lake, ex-executive vice president, were indicted last Wednesday by a federal grand jury in Topeka, KS, on 40 counts of conspiracy, fraud and related criminal charges.