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17 June 2004 - Mirant announced today the appointment of Curt Morgan, 43, to executive vice president and chief operating officer. Morgan was previously executive vice president of Mirant's North America operations. He joined the company in August 2003.
Morgan will oversee all of Mirant's generating plants in the Caribbean, Philippines and U.S., as well as the company's commercial and marketing operations.
"The creation of a chief operating officer position supports our ongoing effort to streamline operations, manage costs and create efficiencies," said Marce Fuller, president and chief executive officer. "Consolidating operations under one executive also enables the sharing of operational best-practices with greater ease and efficiency across the company."
Added Fuller, "Our aim is to emerge from Chapter 11. Everything we are doing supports that goal."
Mirant also announced that it has hired Terry Thompson, 31, as vice president, restructuring. He will report directly to Mirant's chief financial officer, Michele Burns, effective June 21.
Thompson will be responsible for managing the day-to-day bankruptcy process and for facilitating the company's preparations for emergence. He will work in conjunction with AlixPartners, LLC, a consulting firm that has been assisting Mirant in its restructuring.
Thompson was recently director of treasury and business development at Delta Airlines, Inc.
Mirant is a competitive energy company that produces and sells electricity in North America, the Caribbean, and the Philippines. Mirant owns or controls more than 17,000 megawatts of electric generating capacity globally. The company operates an asset management and energy marketing organization from its headquarters in Atlanta..
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