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Non-Tech : NRGG NRG GENERATING BB 2b NMS
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To: Craig Gantner who wrote (12)12/18/1996 5:51:00 PM
From: Eric Hovdesven   of 27
 
Craig, did you see this SEC filing?
On December 13, 1996, NRG Generating (U.S.) Inc. (the "Company")announced an upcoming management transition.

Leonard A. Bluhm, currently President & CEO of the Company, was elected to the additional position of Chairman of the Board effective December 31, 1996. Bluhm has served as President & CEO under a leased employee agreement with NRG Energy, Inc. and will return to a senior management position with NRG Energy, Inc. as of December 31, 1996. NRG Energy, Inc. holds nearly 42% of the common stock of the Company. The Board of Directors has commenced a search for a President & CEO of the Company.

Bluhm appears to have done a good job directing the reorganization of NRG Generating, I do not know what this means for the company. I still have not determined if the first quarter has historically been their most or only profitable quarter.
Eric
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