Capgemini Energy Opens Its Doors for Business, Announces Leadership Team
June 30, 2004 - Dallas, TX
Capgemini Energy LP (“Capgemini Energy”), a collaborative venture of Capgemini America Inc. (“Capgemini”) and TXU Corp. (“TXU”) and its subsidiaries, including TXU Energy and TXU Electric Delivery, will begin operations on Thursday, July 1, with a complete leadership structure drawn from both parent companies, capable of serving regulated and competitive companies in the U.S. utility industry. Capgemini Energy will initially provide business process services and information technology solutions to TXU, with plans to offer similar services to other energy companies.
Last month, Capgemini Energy was formed as part of a 10-year deal to provide information technology, call center, billing, human resources, supply chain and accounts payable, and finance and accounting services to TXU and other energy companies.
Executive Team Brings Breadth & Depth of Industry Experience to Market
Capgemini Energy selected Bob Pryor, who previously served for four years as North American President of Outsourcing Services for Capgemini, as Chief Executive Officer. In addition, Capgemini Energy announced that Elizabeth Lavalley, who most recently served as TXU’s Senior Vice President of Information Technology, will join the limited partnership as Chief Operating Officer.
Pryor brings 20 years of experience in information technology and transformation services at EDS and Capgemini to his new role as CEO, and has worked with utilities in the U.S. and Canada over the course of his career in a variety of sales and operational leadership positions. In his previous role, Pryor was responsible for sales and marketing, service delivery, human resources, risk management, finance and administration for a team of 2,500 people.
Prior to joining TXU Business Services in 1997, Lavalley was the Chief Information Officer of AT&T’s Business Markets division, and she also held senior management positions at Sprint and MCI prior to joining AT&T. Each of the six service areas of Capgemini Energy will report to Lavalley.
Other Capgemini Energy executive appointments include:
- Amin Bishara, Capgemini Energy Business Development and Marketing leader. Bishara was formerly a Vice President and Utility Sales Leader at Capgemini. Bishara has spent three decades serving the utility industry, including his time as CEO of PTS Technical Services, an Inc. 500 company.
- Mark Fronmuller, Capgemini Energy Program Management Officer. Fronmuller will be responsible for the transition, work in progress and transformation agenda for the new company and will serve as the liaison back to Capgemini. Fronmuller was formerly a Vice President and U.S. Utility Practice Leader for Capgemini
About Capgemini Energy LP
Capgemini Energy LP is a business services company that delivers deep industry knowledge and technology leverage to energy companies through collaboration and scalability, allowing its customers to focus on their core business while reducing their operating costs. A new company formed by Capgemini and TXU in May 2004, Capgemini Energy provides transformation services and is dedicated to delivering lasting results by sharing business and technology insights and delivery expertise. More information on Capgemini Energy is available at http://www.capgeminienergy.com/
About Capgemini
Capgemini, one of the world's foremost providers of Consulting, Technology and Outsourcing services, has a unique way of working with its clients, which it calls the Collaborative Business Experience. Through commitment to mutual success and the achievement of tangible value, the company helps businesses implement growth strategies, leverage technology, and thrive through the power of collaboration. Capgemini employs approximately 55,000 people (as of January 1, 2004) and reported 2003 global revenues of 5.754 billion euros. More information about individual service lines, offices and research is available at http://www.capgemini.com/
About TXU
TXU, a Dallas-based energy company, manages a portfolio of competitive and regulated energy businesses in North America, primarily in Texas. TXU’s unregulated business, TXU Energy, provides electricity and related services to more than 2.6 million competitive electricity customers in Texas, more customers than any other retail electric provider in the state. TXU Power owns and operates 18,500 megawatts of generation in Texas, including 2,300 MW of nuclear-fired and 5,837 MW of lignite/coal-fired generation capacity. The company is also the largest purchaser of wind-generated electricity in Texas and among the top five purchasers in North America. TXU’s regulated electric distribution and transmission business, TXU Electric Delivery Company, complements the competitive operations, using asset management skills developed over more than one hundred years, to provide reliable electricity delivery to consumers. TXU Electric Delivery operates the largest distribution and transmission system in Texas, providing power to 2.9 million delivery points over more than 98,000 miles of distribution and 14,000 miles of transmission lines. TXU has agreed to sell its energy business in Australia, TXU Australia, and TXU Gas, its largely regulated natural gas transmission and distribution business in Texas. Visit http://www.txucorp.com/ for more information about TXU.
Contacts:
John Patterson - Capgemini
john.j.patterson@capgemini.com
1-917-934-8735
Carlos Santos - TXU
csantos1@txu.com
1-713-243-6275
