new power company new power company first national residential small business energy service provider deregulated markets launched today strategic investors partners including enron ibm america online h eugene lockhart named president chief executive officer company formerly president consumer services chief marketing officer well president bank america global retail bank president ceo mastercard international lockhart joined number high level executives telecommunications financial services sectors well several former enron executives specializing energy commodity pricing marketing risk management government regulatory affairs former enron employees include jim badum formerly managing director consumer services ees john henderson formerly vice president retail risk management ees dave eichinger formerly vice president corporate development enron corp kathleen magruder formerly vice president government affairs enron corp lou pai chairman ceo ees serve non executive chairman new power company enron provide new power company energy commodity pricing risk management government regulatory affairs ken lay quoted news release studied residential small business market several years believe optimal way provide value customers assisting setting independent company enron able leverage core competencies energy risk management partnering industry leaders give new power company extraordinary immediate depth capability ken also serve board directors new power company scheduled initially provide service pennsylvania new jersey second half 2000 company headquartered greenwich connecticut operations houston information please log onto website http www newpowercompany com