El Paso Corporation today announced two changes to its executive management group effective February 1, 2003.
The company announced that Clark C. Smith, formerly president of Global Power, will become president of Trading. In his new capacity, Mr. Smith will oversee the implementation of El Paso's announced plan to exit the trading business. The key component of that plan, announced November 8, 2002, is the orderly liquidation of the company's trading portfolio.
El Paso also announced today that Robert W. Baker, formerly senior vice president and deputy general counsel, will be promoted to president of Global Power, replacing Clark C. Smith in that position. In his ...