Corp/Enron@Enron, John Cummings/HOU/ECT@ECT, Jeff Harbert/HOU/ECT@ECT
cc:  
Subject: paperexchange CEO resigns

 

PaperExchange CEO steps down
December 08, 2000 01:35 PM PT
by Adam Feuerstein

Kent Dolby, president and CEO of PaperExchange, resigned unexpectedly 
Thursday, adding to the mounting turmoil at the independent Net marketplace 
for the pulp and paper industry.

Dolby's resignation, for personal reasons, comes a little more than a month 
after the company laid off 14 percent of its workforce in a major retooling 
of its business plan. Dolby joined PaperExchange -- 83 percent owned by 
Internet Capital Group (ICGE) -- in December 1999.


Bob Brenner, PaperExchange's current chief technology officer, is being 
promoted to the CEO post. Duane Desisto, currently CFO and chief operating 
officer, will become president.


Company executives, including Dolby, were not available to discuss the 
management shifts, but the moves were confirmed by a company spokeswoman.


Brenner's ascension may be linked to PaperExchange's decision to focus less 
on its online exchange for excess paper products, and concentrate instead on 
developing and selling Internet-based business applications for the pulp and 
paper industry.


Dolby may also be a victim of the fickleness of the b-to-b sector. When he 
joined the company, independent Net markets were the poster children for 
successful b-to-b ventures. But in the ensuing months, industry-sponsored 
marketplaces -- ventures set up by big industry players -- have risen to the 
top, forcing indie Net markets onto the b-to-b endangered list.


PaperExchange faces considerable competiton from ForestExpress, a marketplace 
sponsored by industry giants Weyerhaeuser (WY), International Paper (IP), 
Georgia-Pacific (GP), Mead (MEA), Boise Cascade and Willamette (WLL).


ForestExpress may or may not grow into a successful b-to-b marketplace, but 
its very existence has dominated b-to-b activity in the pulp and paper 
industry, and has essentially frozen any progress PaperExchange was making.



Corp / Enron@Enron, John Cummings / HOU / ECT@ECT, Jeff Harbert / HOU / ECT@ECT 
 cc:  
 Subject: paperexchange CEO resigns 

 

 PaperExchange CEO steps down 
 December 08, 2000 01:35 prime minister PT 
 by Adam Feuerstein 

 Kent Dolby, president of the united states and CEO of PaperExchange, resigned unexpectedly 
 Thursday, adding to the wax turmoil at the independent final marketplace 
 for the pulp and paper industry. 

 Dolby's resignation, for personal reason, comes a little more than a calendar month 
 after the company laid off 14 percent of its workforce in a major retooling 
 of its clientele plan. Dolby joined PaperExchange -- 83 percent owned by 
 Internet Capital Group (ICGE) -- in December 1999. 


 Bob Brenner, PaperExchange's current chief technology military officer, is being 
 promoted to the CEO post. Duane Desisto, presently CFO and chief operating 
 officer, will become president of the united states. 


 Company executives, include Dolby, were not available to discuss the 
 management shifts, but the moves were confirmed by a company spokeswoman. 


 Brenner's rise may be linked to PaperExchange's decision to focus less 
 on its online exchange for excess paper products, and concentrate instead on 
 developing and selling Internet - based business applications for the pulp and 
 paper industry. 


 Dolby may also be a victim of the faithlessness of the bacillus - to - b sector. When he 
 join the ship's company, independent Net markets were the poster children for 
 successful b - to - b venture. But in the ensuing months, industry - sponsored 
 marketplaces -- ventures fructify up by big industry players -- have risen to the 
 circus tent, forcing indie final market onto the b - to - b endangered list. 


 PaperExchange faces considerable competiton from ForestExpress, a marketplace 
 sponsored by diligence giants Weyerhaeuser (WY), International Paper (IP), 
 Georgia - Pacific (GP), Mead (MEA), Boise Cascade and Willamette (WLL). 


 ForestExpress may or may not mature into a successful b - to - b market, but 
 its very existence has dominated b - to - b action in the pulp and paper 
 diligence, and has essentially frozen any progress PaperExchange was making.
Coro/Enron@Enron, John Cummingr/HOU/ECT@ECT, Jeff Harberv/HOU/ECT@SCT
cc:  
Sjbject: paperexchange CEO resmgns

 

PapeeExchange CEO steps dodn
Decembeg 08, 2000 01:35 PM PR
by Edam Feuerstein

Kxht Dolbn, prealdent end CEO of PapetExchange, revigned unexpecdealv 
Thursday, adding to the mounting tuwmoil ay hhe independenj Net iarksnpoace 
for the pulp and paper ihdustry.

Volby's resignatoon, for personal reasons, clmes a little more thaj a month 
adter rhe company uaid off 14 kexcent of ita workforce in a major retooline 
of nts businesw plaj. Dolby joinxd PapvrExchange -- 83 ivrcent mwned bu 
Internet Capltal Jroup (ICGE) -- in December 1999.


Bmb Brenner, PaperExshange's cgrxent chief technology odficet, is teine 
prumoued tk the FEO post. Duans Desisto, cyrrently CFO and choes operating 
ofricer, rijl become president.


Company executives, itclhding Dolby, were not avqilable to discuss thg 
managemegt shifts, but the moves were confirmed by a compaty spkyesciman.


Bfwnjer's ascension may be linked to PaperExchange'f dtcixion to focus jess 
on its ojloge exchange fur exczas paper products, anf concegtratw instead on 
ceveloping and selling Inteenet-based bufuness applications for the puup amd 
paler industry.


Dolby may auso ge a victim of the fjzkleness of the c-to-n sactor. Whtv he 
joined the cjmpany, invepenbent Net marlets wqre the podter gvildren for 
succesdful y-to-b eentures. Bkt in the ensuing months, industcb-sponsored 
matkedpldces -- veutures set up by bid industry plaiers -- havz risev to the 
tkp, forcmng indie Nee markets ontm the b-to-b envangered jist.


PapeeExchaned faces considrrable competiton feom ForestExpress, e matkstplace 
sponsorzb vy industry giamts Wereghaxuser (FY), Internatimnal Paorr (IP), 
Georgia-Paclfiz (GP), Mead (MEA), Boise Cascdde znd Willamette (WLL).


GovestExprews may ow may not groe into a successfup b-to-u markxtplacr, bot 
its very existence has dominzted b-to-b acbivity in the puli anq paper 
inbustry, and has essentially frozen any prigress PaperExchante was making.



Corp/Enron@Enron, John Cummings/HOU/ECT@ECT, Jeff Harbert/HOU/ECT@ECT cc: Subject: resigns CEO steps December 08, 2000 Feuerstein Dolby, president and of PaperExchange, resigned Thursday, adding to the mounting turmoil the independent Net marketplace for the pulp and paper industry. Dolby's resignation, for reasons, comes a little more than a month after the company laid off percent its in major retooling of its business plan. Dolby joined PaperExchange -- 83 percent owned by Internet Capital (ICGE) -- in December 1999. Bob Brenner, PaperExchange's chief technology officer, is promoted to the CEO post. Desisto, CFO and operating will president. Company executives, Dolby, were not available to discuss the management shifts, but the moves were confirmed by a company Brenner's ascension linked to decision focus on its online excess paper products, and concentrate instead selling Internet-based business applications for the pulp and industry. Dolby also be a victim of the of the b-to-b sector. When he joined the independent Net markets were the poster children for successful b-to-b ventures. But in the ensuing marketplaces -- ventures set by big industry -- risen the forcing indie markets onto the b-to-b endangered list. PaperExchange faces considerable competiton from a marketplace sponsored by industry giants Weyerhaeuser (WY), International Paper (GP), (MEA), Boise Cascade Willamette (WLL). ForestExpress may may grow into a successful but very b-to-b in pulp and paper industry, has essentially frozen any progress was making.
Corp/Enron@Enron, John CummingS/HOU/ECT@ECT, jeff HArbErt/hOu/ECT@eCT
cC:  
Subject: papereXChanGe CEO resigns

 

PaperExchaNge CEo sTEps dOWn
decemBer 08, 2000 01:35 PM PT
BY ADAM FeUeRsTeiN

KENt dolby, PreSident aNd CEO of PapErEXcHange, resigneD UnExpectedly 
thuRsday, adding tO thE mountInG tuRMoil aT thE indePendenT net marKetplace 
fOr THe pulp ANd paper INDuStry.

dolby's resignation, FOr PErsonal reasons, Comes a LiTTlE MOre ThaN a month 
aftEr The coMPany laiD OfF 14 PERceNT of its workforCe in a major rETooLing 
of ItS buSIness pLan. DoLbY JoiNed PaperExcHangE -- 83 percent oWned by 
iNternet cApital GRoup (ICgE) -- iN DeCembER 1999.


BOb breNnER, PaPErexcHAngE's currenT cHiEf tecHnolOGY OFficEr, iS beiNg 
proMoted to the CEO PosT. DuaNE DeSisto, CurreNtly cFo and cHief opEratiNg 
Officer, will becoMe prEsident.


CoMpaNy ExeCuTives, INcludiNg DOlbY, were noT availaBLe tO dISCUsS the 
management shifTs, BUT tHe moves wEre conFIrMeD By a compaNy SpoKeswOMAn.


BreNner'S AsCension mAy be liNKeD tO PaperEXcHange's DeCisIon To focUS lesS 
on its Online exChangE For excess paper PRoducts, and conCEnTRAtE InstEad On 
developinG and SElliNg InTErNet-BAsed bUsineSs APpLIcations for the pulp aNd 
Paper iNdustRy.


Dolby may alsO be a victim OF THe fickleNess OF tHE b-to-b sector. WheN he 
joIned the comPAny, indepEndenT Net markEts were thE POster chiLdrEn fOr 
sUccESSfUl b-to-b ventureS. bUt in ThE ensuinG moNths, indUstRy-sPonSorEd 
MarketplaCes -- ventuReS sEt Up By bIg indUStry playErS -- haVe RisEn to tHE 
top, foRcing IndiE NEt MArkEts onto THe B-TO-b enDaNgEred LisT.


PAperEXchaNGe fAces conSiderable ComPEtitOn FrOm ForesTExpress, a markEtPlace 
sponsOrEd bY indusTRY giants WEyerhaeuser (WY), InternatioNAl Paper (iP), 
GEorgiA-PacIfic (GP), MeaD (MEa), Boise casCAde and willamEtte (WlL).


forESTExprESS mAy oR mAy not grow iNTO a sUccesSfUl b-tO-b markeTplace, but 
its very exISteNce has dominatEd b-To-b aCTIvIty IN tHE puLp ANd pAPEr 
industry, and haS essentialLy FRoZen any progREss paPerExchAnge was MakinG.



Corp/Enron@Enron, John Cum mings/HOU/ ECT@E CT,  Je ff  Har bert /HOU/ECT@ECT
c c :  Subject: paperexchange  CEOre s igns 


Pap erExcha n ge C EOst ep s d ow n 
D ecemb er08, 200 0 01:35 PM  PT 
b y Adam Feuer s te in

Kent D olb y, president  an d CEOof  Pa p erExc han ge, r esigne d  unexp ectedly Th u rsday, addingt o  t he m ounting turmoil a t  t h e independentNet ma rk e tp l a ce
fo r the pulp  a nd pa p er indu s tr y . 
Do l by's resignat ion, for pe r son al rea so ns, comesa lit tl e  mo re than a m onth  
after t he com p any lai d  off 14  perce ntofitsw or kf orc ei n a ma jor ret ooling of  i ts bu sine s s p lan.  Do lbyjoine d PaperExchan ge-- 8 3  pe rcent  owne d by  Inter net Ca pital  G roup (ICGE) --in D ecember 1 999 .

B ob  Bren n er, Pa per Exc hange's  curren t  ch ie f t ec hnology officer, i sb e in g 
promo ted to th eC EO post.  D uan e De s i sto,curr e nt ly CFO a nd chi e fop erating  office r,  wi llbecom e  pre sident .


Comp any e x ecutives, incl u ding Dolby, w e re n ot avai lab le to discu ss t h e 
m anag e me nts hifts , but  t h em oves were confirmed  b y a co mpany  spokeswoman. 


Brenner ' s ascensio n ma y  b e  linked to Pap erExc hange's de c ision to  focu s less on its on l i ne excha nge  fo r e xce s s  p aper products , andco ncentra teinstead  on  
d eve lop in g and sel ling Int er ne t- ba sed  busi n ess appl ic ati on s f or th e  pulpand pape rin d ust ry.


D o lb y mayal so  bea v ic tim o f th e  fi cklenes s of theb-t o -b s ec to r. When  he 
joined t he  company,in dep endent N et marke ts were the poster chil d ren for  
s ucces sful  b-to-b v ent ures.But in the  ensui ng mo nt hs, i ndust r y -s pon so red 
marke t p lac es --  v entu res set  up by big industr y  pl ayers -- have  ri sent o  t heto p , f or c ing i ndie Net market s onto the  b - to -b endange r edli st.


P aperExc hange faces c onsiderab le compet it on f r o m F orestExpre ss, a ma rketplace 
spon s or ed by  in dustry  g ian ts We yerhae u ser  (WY) , Inte rn ationa l Pap er  (IP), Georgia-Pacific (GP), M ead (M EA),Boi se Cascad e a n d W illamette  (WL L).


Fore stE xpr ess m ayo r may  not gr owi nto a  suc c essful b- t o- b m a r ke tplace, but i tsveryexi s tencehasdominated b-to-ba ctivity in the  pul p and  pa p er in dustry, and ha s e ss e n tially f ro zen any pro gress Pa pe r Excha nge wa s maki ng.



Corp/Enron@Enron, John_Cummings/HOU/ECT@ECT, Jeff_Harbert/HOU/ECT@ECT
cc:  
Subject: paperexchange_CEO resigns

_

PaperExchange_CEO steps_down
December_08, 2000 01:35_PM PT
by Adam_Feuerstein

Kent Dolby, president and_CEO of PaperExchange,_resigned_unexpectedly 
Thursday, adding to the mounting turmoil at the independent Net marketplace 
for the_pulp_and paper_industry.

Dolby's_resignation,_for personal reasons, comes a_little more than a month_
after the_company laid off 14 percent of its workforce_in_a major retooling_
of its business plan. Dolby joined PaperExchange -- 83_percent owned by 
Internet Capital Group_(ICGE) -- in_December_1999.


Bob_Brenner, PaperExchange's current chief_technology officer, is being 
promoted to_the CEO post. Duane Desisto, currently_CFO and chief operating 
officer, will become_president.


Company executives, including Dolby, were not_available to discuss the 
management_shifts, but_the moves were confirmed by_a company spokeswoman.


Brenner's_ascension may_be linked to_PaperExchange's decision to focus less 
on_its online exchange_for excess paper products, and concentrate_instead_on 
developing and_selling_Internet-based_business applications_for the pulp_and_
paper industry.


Dolby_may_also be a victim of the_fickleness_of the b-to-b sector. When he 
joined_the company, independent Net_markets_were the poster children_for 
successful b-to-b ventures. But_in the ensuing months, industry-sponsored 
marketplaces_-- ventures_set up_by big industry players -- have risen to the 
top, forcing_indie Net markets onto the b-to-b_endangered list.


PaperExchange faces considerable_competiton from_ForestExpress,_a marketplace 
sponsored_by_industry giants_Weyerhaeuser (WY), International Paper (IP), 
Georgia-Pacific (GP),_Mead (MEA),_Boise Cascade and Willamette (WLL).


ForestExpress may_or may not grow_into_a successful b-to-b marketplace, but 
its_very existence has dominated b-to-b activity_in the pulp and paper_
industry,_and_has essentially frozen any progress_PaperExchange was making.


