Calpine Names Gregory L. Doody Executive Vice President, General Counsel and Secretary
SAN JOSE, Calif., June 21 /PRNewswire-FirstCall/ -- Calpine Corporation (OTC Pink Sheets: CPNLQ) today announced the appointment of Gregory L. Doody as Executive Vice President, General Counsel and Secretary effective July 17, 2006. Mr. Doody previously held the position of Executive Vice President, General Counsel and Secretary at HealthSouth Corporation. Nancy Murray, who had been serving as Calpine\'s Interim General Counsel, remains in her position of Senior Vice President.
\'Greg is a talented attorney and he brings to Calpine substantial restructuring experience,\' said Calpine Chief Executive Officer Robert P. May. \'At HealthSouth, Greg directly managed negotiations with noteholders and lending institutions that resulted in nearly $5 billion of new financing. Greg\'s addition essentially rounds out our executive management team as we work to emerge from Chapter 11 as a profitable, competitive power company.\'
\'Calpine has a tremendous opportunity to rebuild a world-class operation,\' said Mr. Doody. \'I am pleased to be joining a company with such an accomplished workforce and great assets. Calpine\'s restructuring prospects are bright, and I look forward to helping with that process so that Calpine can emerge as a profitable and viable enterprise.\'
\'I would like to thank Nancy Murray for her work as Interim General Counsel for the last three months. During this time, we have made measurable progress in our restructuring efforts, in part as the result of Nancy\'s contributions during this period,\' added Mr. May.
Mr. Doody was responsible for the oversight of all legal activities for HealthSouth since 2003. Prior to joining HealthSouth, Mr. Doody was a Partner at Balch & Bingham LLP, a regional law firm based in Birmingham, Ala. He earned a Juris Doctor from Emory University\'s School of Law and a Bachelor of Science - Management degree from Tulane University. He is a member of the Alabama State Bar, Birmingham Bar Association and the American Bar Association. Mr. Doody also is a member of the Executive Committee of The Federalist Society\'s Corporations and Securities and Antitrust Practice Group.
Calpine Corporation is helping meet the needs of an economy that demands more and cleaner sources of electricity. Founded in 1984, Calpine is a major North American power company, capable of delivering nearly 27,000 megawatts of clean, reliable and fuel-efficient electricity to customers and communities in 21 U.S. states and three Canadian provinces. The company owns, leases and operates integrated systems of fuel-efficient natural gas-fired and renewable geothermal power plants. Please visit
www.calpine.com for more information.
SOURCE Calpine Corporation
Source: PR Newswire (June 21, 2006 - 3:41 PM EDT)
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