Natural Resources >> CEO Interviews >> August 2, 2001
CLARK C. SMITH is President of El Paso Merchant Energy North America, a
business unit of El Paso Energy Corporation. Before assuming his current
position, Mr. Smith was President and CEO of Engage Energy, Inc., a
natural gas and power services joint venture of Coastal and Westcoast
Energy Inc. of Vancouver, British Columbia. He became President and CEO
of Engage when the company was formed in 1997. Prior to his position at
Engage Energy, Mr. Smith was President and CEO of Coastal Gas Marketing
Company and later assumed responsibility for the formation of Coastal
Gas Marketing Canada and Coastal Electric Services Company. He also
worked at Enron Corp. as Director of Marketing for Transwestern Pipeline
Company and later became Executive Vice President of Transwestern's
marketing, gas supply, and state regulatory affairs. Mr. Smith began his
business career in 1978 with El Paso Natural Gas Company, where he held
various positions involving regulatory affairs, systems development, and
gas accounting. In 1984, he represented El Paso Natural Gas in the
Natural Gas Clearinghouse. Mr. Smith serves on the Boards of Directors
of Junior Achievement of Southeast Texas and the San Jacinto Girl
Scouts. He earned his Bachelor's and Master's degrees in Business
Administration from the University of Texas at Austin. Profile
TWST: Could we begin with a brief historical sketch of El Paso'sMerchant Energy business, and then a profile of the company as it is
now?
Mr. Smith: In 1996 El Paso acquired Tenneco's energy