Naeve Retires as Reliant Resources Vice Chairman

August 05, 2003 by Jeff Shepard

Reliant Resources Inc. (Houston, TX) announced that Stephen Naeve, vice chairman, is retiring on September 16, 2003. Since the formation of Reliant Resources in 2000, Naeve has served in a number of key executive management positions, most recently as vice chairman. From May 2002 until May 2003, he was president and chief operating officer after having served as the company's executive vice president and chief financial officer.

"Steve Naeve's service to Reliant Resources and its former parent and affiliate companies has spanned more than three decades. Since joining the company in 1972, he has played a critical role in many aspects of the company's operations. His contributions are appreciated and will be missed," said Joel Staff, chairman of the board and chief executive officer.