Chris Sherman selected to head Pacific Enterprises International business unit.LOS ANGELES--(BUSINESS WIRE)--Sept. 21, 1995--Christopher R. Sherman has been named president of Pacific Enterprises International, a business unit in the Pacific Enterprises (NYSE NYSE See: New York Stock Exchange :PET) companies that pursues utility-related investment opportunities abroad. The international business unit is actively seeking business opportunities in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , parts of Europe and on the Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. , where it can leverage the company's core competencies in gas distribution and transmission. Sherman, formerly a PE senior vice president, was responsible for the company's Energy Management Services (EMS) and International business units. His new position is effective immediately and he will continue to oversee the EMS business unit on an interim basis until that position is filled. The EMS business unit's operations include power generation, district heating and cooling and interstate pipelines and gas processing. Sherman, 43, joined the PE companies in 1985 as PE's director of planning and development, later serving as senior vice president of two subsidiaries -- PE Leasing and Pacific Energy. From 1990 through 1994, he served as president of those two companies. Prior to joining PE, Sherman was senior engagement manager in the Los Angeles office of McKinsey & Co. He holds an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Harvard and a BS degree in economics from Purdue University. PE International is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Pacific Enterprises, the Los Angeles-based parent of Southern California Gas This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. Co., the nation's largest natural gas distribution utility. CONTACT: Pacific Enterprises International, Los Angeles Mike Mizrahi, 213/244-3030 |
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