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Houston Executive Joins Leadership Team of Mobius Risk
Group
HOUSTON--(BUSINESS WIRE)--March 16, 2004--Mobius Risk Group,
LLC, a leading provider of energy risk management outsourcing and advisory
services, announced today that Mark Jackson has joined Mobius Risk Group
as senior vice president, Quantitative Services.
Jackson has worked in the trading and risk management field for more than 20 years and has traded natural gas, power, crude oil and oil products, weather derivatives, currency, interest rates, and stock indexes. "Given the impact of energy price volatility on operating income and the increased regulatory complexities that Sarbanes and FAS have placed on executives and boards, the addition of Mark's extensive trading, energy and sophisticated risk management experience is a critical addition for the expansion of Mobius's qualitative and quantitative risk, strategy and execution offerings," said Eric Melvin, president & CEO, Mobius Risk Group. Prior to joining Mobius Risk Group, Jackson led risk management and option trading at one of the largest energy hedge funds in the world and was the head of Enron Energy's option trading desk. His expertise includes computer modeling of derivative processes, risk management system development, option pricing and trading while with the Chicago Mercantile Exchange. Jackson has also had extensive experience leading educational programs for traders as well as for corporate users of risk management tools. Jackson will be utilizing his significant market, risk and quantitative skills to assist Mobius' clients in formation of market risk and execution strategies. Additionally, he will continue the development of energy and risk applications for Mobius Risk Technologies, LLC. Jackson received his BA and MBA from the University of Chicago and attended the Finance PhD program at Northwestern University's Kellogg Graduate of Business. About Mobius Risk Group Formed in January 2002, Mobius Risk Group, LLC is an energy advisory firm that provides large energy-consuming companies, utilities and municipalities, and small to mid-sized exploration and production companies with innovative solutions to reduce exposure to energy market risks, improve energy procurement decisions, optimize and value assets, reduce energy consumption, and improve bottom-line financial performance. Mobius brings its breadth and depth of risk, energy, utility representation and project efficiency to bear on its clients' energy needs in an advisory capacity. Mobius' unique services are in acting as a representative of the client and not as a supplier, vendor, broker, or "middle man." The company is based in Houston with offices in Los Angeles, Las Vegas, Boston and Phoenix. It is comprised of energy executives with 300 years of combined energy and risk management experience who have established and managed major energy and commodity trading, structuring, and marketing departments. For more information on Mobius Risk Group, please visit http://www.mobiusriskgroup.com/.
Contact: The Padgett Group, Houston
Nicole Haagenson, 713-664-5356
Nicole@ThePadgettGroup.com
or
Mobius Risk Group, Houston
Ken Rubeli, 713-877-0404
krubeli@mobiusriskgroup.com
Source: Mobius Risk Group
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