Printer Friendly

SOKOL REJOINS CALIFORNIA ENERGY AS CHIEF EXECUTIVE OFFICER AND JAROS NAMED CHAIRMAN

 OMAHA, Neb. April 5 /PRNewswire/ -- California Energy Company, Inc. (AMEX, PSE: CE) today announced a management reorganization, effective April 19, 1993, in which its former president and chief executive officer, Mr. David L. Sokol, will return to the company and assume that position. Mr. Sokol is currently a board member of California Energy Company.
 Additionally, Mr. Richard Jaros, current president and chief operating officer will advance to the post of chairman of the board, a position currently held by Mr. Walter Scott, Jr., who is chairman, president and chief executive officer of Peter Kiewit Sons', Inc. Mr. Scott will remain a member of the board of directors of California Energy. Mr. Jaros indicated his intent to continue to play an active role in California Energy's management through his chairman position.
 Mr. Jaros stated, "We are very pleased to have David Sokol back at California Energy. With David's leadership and the current management team in place, California Energy has the potential to be one of the nation's premier independent power producers."
 Mr. Sokol stated, "I am excited about the prospect of rejoining the company and committed to the challenge of building it into a competitive force in the emerging domestic and international independent energy markets."
 Mr. Scott added, "We are delighted with this California Energy management team, and Kiewit intends to continue to lend the company its full support."
 California Energy Company develops environmentally responsible power generating facilities. Its five operating facilities currently produce in excess of 250 net megawatts.
 -0- 4/5/93
 /CONTACT: Richard Jaros, president and chief operating officer, or John Sylvia, vice president and chief financial officer of California Energy Company, Inc., 402-330-8900/
 (CE)


CO: California Energy Company ST: Nebraska IN: UTI SU: PER

SH-TS -- NYON2 -- 2873 04/05/93 08:25 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Apr 5, 1993
Words:296
Previous Article:APPLE SHOWS WORKGROUP SERVERS, ANNOUNCES THIRD-PARTY SOFTWARE AT AECC; ENHANCES MOVE INTO THE ENTERPRISE COMPUTING WORLD
Next Article:EGGHEAD SOFTWARE TO SELL COMPUTER-RELATED MAGAZINES IN COMPANY'S 205 NORTH AMERICAN STORES


Related Articles
CAITHNESS WELCOMES NEW APPOINTEES TO CALIFORNIA ENERGY COMPANY
CALIFORNIA ENERGY APPOINTS O'SHEI AS VICE PRESIDENT
SOKOL NAMED CHAIRMAN OF CALIFORNIA ENERGY
CALIFORNIA ENERGY RECEIVES HART-SCOTT-RODINO CLEARANCE FOR MAGMA ACQUISITION
CALIFORNIA ENERGY RECEIVES HART-SCOTT-RODINO CLEARANCE FOR MAGMA ACQUISITION
CALIFORNIA ENERGY PURCHASES 51% OF MAGMA COMMON STOCK IN TENDER OFFER AND ASSUMES OPERATING CONTROL OF MAGMA
CALIFORNIA ENERGY PURCHASES 51% OF MAGMA COMMON STOCK IN TENDER OFFER AND ASSUMES OPERATING CONTROL OF MAGMA
CALIFORNIA ENERGY ANNOUNCES THE APPROVAL OF TWO NEW MEMBERS TO THE BOARD OF DIRECTORS
CALIFORNIA ENERGY OBTAINS APPROVAL OF 36 MW POWER SALES CONTRACT
MidAmerican Reorganizes Real Estate Business.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters