PERSONNEL MOVES AND PROMOTIONS: Dynegy names Dorey to CFO position; Doty resigns

07/01/2002
DoreyClick here to enlarge imageDynegy Inc. reported June 19 that Rob Doty has resigned from his position as executive vice-president and chief financial officer, and the company has appointed Louis Dorey to replace him. That same day, the energy marketer reported that it would cut 340 workers, or 6%, of its worldwide workforce.Houston-based Dynegy experienced the heaviest cuts in its corporate headquarters, with 300 employees let go, 50 of whom came from the firm's trading business. In addition, Dynegy revealed on June 24 a $2 billion capital scheme to shore up its liquidity and reduce its debt (see Company News).Doty, who worked for Dynegy for 10 years, served in various senior po...
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