Calpine Rearranges Management, Naming New Chiefs

Law360, New York (March 3, 2006, 12:00 AM EST) -- In another step forward in its restructuring procedures, the new chief financial officer of bankrupt power producer Calpine Corp., Scott Davido, will also serve as the company’s chief restructuring officer, according to the company.

Davido, who joined Calpine in early February and has “both extensive restructuring experience and broad industry knowledge,” will lead the company's restructuring process, including the development of Calpine's new business plan and reorganization plan, according to a company press release.

The company also said Michael Bradley, Calpine’s Senior Vice President and the...
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