May 19, 2006
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A INFORMATION
(Rule 14a-101)
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Rule 14a-6(e)(2))
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KeySpan Corporation
-------------------
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(N/A)
-----
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The following communication is being distributed to all KeySpan Corporation
("KeySpan") and National Grid employees:
Integration Update National Grid KeySpan
Volume I Issue VI May 2006
May 19, 2006
National Grid-KeySpan Integration Sub Teams Announced
The National Grid-KeySpan Integration Team is happy to announce the sub teams
and their leads for each functional area. Each sub team will play a vital role
in driving the integration process forward toward our Day One target date of
December 31, 2006. Although the regulatory approval and stakeholder consultation
processes may take longer, the Team is targeting the December 31 date for
operational planning purposes. Even though the transaction may not be formally
complete by that date, the integration implementation plan will be in place for
execution when the deal closes.
The structure of the sub teams is based on dividing the workload for the current
task of mapping how each company operates today. Later in the summer, the
Integration Team and senior management will determine where the various business
units will reside in the new organizational structure for the combined company.
Some sub teams - such as Gas Operations - will begin adding New England Gas
employees to their rosters as soon as possible in order to consider all current
work practices. As the sub teams begin their work, you may see them out and
about at various sites where they plan to hold some informal informational
sessions. Watch for more information in future Integration Updates.
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FINANCE & ACCOUNTING SUBTEAM LEADS
MARCY REED / MIKE TAUNTON
-------------------------
- ---------------------------------------- ----------------------------- -------------------------------
Team National Grid KeySpan
- ---------------------------------------- ----------------------------- -------------------------------
General Accounting Bill Richer Joe Hajjar
- ---------------------------------------- ----------------------------- -------------------------------
Revenue Accounting Mike Jones Kevin Leddy
- ---------------------------------------- ----------------------------- -------------------------------
Plant Accounting John Currie Lisa Figliozzi
- ---------------------------------------- ----------------------------- -------------------------------
Internal Audit Dave Falkowski Gary Trezza
- ---------------------------------------- ----------------------------- -------------------------------
Financial Planning & Performance Ron Boches George Laskaris
Management
- ---------------------------------------- ----------------------------- -------------------------------
Tax Michele Adelman Susan DeSilva
- ---------------------------------------- ----------------------------- -------------------------------
Treasury Bob Seega Jim Holodak
- ---------------------------------------- ----------------------------- -------------------------------
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CORPORATE SERVICES SUBTEAM LEADS
JOHN SHERMAN / MIKE WALKER (John Reilly temporarily)
----------------------------------------------------
- -------------------------------------------------- ------------------------- ------------------------------
Team National Grid KeySpan
- -------------------------------------------------- ------------------------- ------------------------------
1. Legal John Sherman Mike Walker
(John Reilly
temporarily)
- -------------------------------------------------- ------------------------- ------------------------------
Administrative Support Rita Carlucci Tom Damico
- -------------------------------------------------- ------------------------- ------------------------------
Claims Practice Areas / Risk Management Joe Weber George Argiriou
- -------------------------------------------------- ------------------------- ------------------------------
Corporate / Corporate Finance / Commercial Greg Hale Al Bereche
Practice Areas
- -------------------------------------------------- ------------------------- ------------------------------
Corporate Secretary Tim McAllister Colleen Meade
- -------------------------------------------------- ------------------------- ------------------------------
Environmental Bill Holzhauer Donna Riccobono
- -------------------------------------------------- ------------------------- ------------------------------
Human Resources, Labor, Employee Benefits Margi Katz Phil Scott
- -------------------------------------------------- ------------------------- ------------------------------
Litigation John Sherman John Reilly
- -------------------------------------------------- ------------------------- ------------------------------
Real Estate Alan Rabinowitz Donna Riccobono
- -------------------------------------------------- ------------------------- ------------------------------
Records Center Tim McAllister Tom Damico
- -------------------------------------------------- ------------------------- ------------------------------
2. Ethics / Compliance Tom McBride Larry Dryer
- -------------------------------------------------- ------------------------- ------------------------------
3. Corporate Communications Ed Powers Pam Adamo
- -------------------------------------------------- ------------------------- ------------------------------
4. Governmental Affairs Joe Newman Al Wiltshire
- -------------------------------------------------- ------------------------- ------------------------------
5. Regulatory Affairs & Legal Practice Rob Hoagland Anna Chacko
Steve Tasker Jennifer Feinstein
- -------------------------------------------------- ------------------------- ------------------------------
5
GAS OPERATIONS SUBTEAM LEADS
JIM HOWE / BILL AKLEY
---------------------
- ---------------------------------------- ---------------------------- ---------------------------- ------------------
Team National Grid KeySpan NE Gas
- ---------------------------------------- ---------------------------- ---------------------------- ------------------
Asset Management Gary Panebianco Chris Cole/ TBD
John Stavrakas/
Ross Turrini
- ---------------------------------------- ---------------------------- ---------------------------- ------------------
System Operation & Control Tom Gilbert Dan Saad TBD
- ---------------------------------------- ---------------------------- ---------------------------- ------------------
Field Operations Stan Falise Bob DeMarinis TBD
- ---------------------------------------- ---------------------------- ---------------------------- ------------------
Meter Services John Flint Tom Bennett TBD
- ---------------------------------------- ---------------------------- ---------------------------- ------------------
Dispatching Don Dufault Kass Geraghty TBD
- ---------------------------------------- ---------------------------- ---------------------------- ------------------
Emergency Planning & Response Dave Zielinski Kass Geraghty TBD
- ---------------------------------------- ---------------------------- ---------------------------- ------------------
IT Systems Dave Zielinski Tim Small TBD
- ---------------------------------------- ---------------------------- ---------------------------- ------------------
Data/Project Support John Millen Dave Doxsee/ TBD
Lisa Gentile
- ---------------------------------------- ---------------------------- ---------------------------- ------------------
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ELECTRIC T&D SUBTEAM LEADS
CLEM NADEAU / PAT HOGAN
-----------------------
- -------------------------------------------- ----------------------------------- ----------------------------
Team National Grid KeySpan
- -------------------------------------------- ----------------------------------- ----------------------------
Electric Distribution Planning, John Gonynor Lou DeBrino
Engineering & Design
- -------------------------------------------- ----------------------------------- ----------------------------
Substation Engineering, Construction & Don Angell Mark Baranello
Maintenance
- -------------------------------------------- ----------------------------------- ----------------------------
Field Operations Jim Letcher Tom Beisner
- -------------------------------------------- ----------------------------------- ----------------------------
Asset Management Jim Letcher John Bruckner
- -------------------------------------------- ----------------------------------- ----------------------------
Distribution Operations (Regional Control, Don Dufault Mike Sullivan
Dispatch & Trouble Center) John Flint
- -------------------------------------------- ----------------------------------- ----------------------------
Relay & Protection Bryan Gwyn Ron Clare
Jim Letcher
- -------------------------------------------- ----------------------------------- ----------------------------
Vegetation Management Craig Allen Larry Ferrandiz
Tom Sullivan
- -------------------------------------------- ----------------------------------- ----------------------------
Third Party Attachments Joe Snyder John Bruckner
- -------------------------------------------- ----------------------------------- ----------------------------
Storm & Emergency Planning Al Chieco Mike Sullivan
- -------------------------------------------- ----------------------------------- ----------------------------
Transmission Planning Tom Gentile Curt Dahl
Jerry Ancona
- -------------------------------------------- ----------------------------------- ----------------------------
Bulk System Control / Energy Mgmt Joe Farella Don Wilkes
- -------------------------------------------- ----------------------------------- ----------------------------
Transmission Contracts, Data Exchange & Herb Schrayshuen Curt Dahl
Billing Sue Hodgson
- -------------------------------------------- ----------------------------------- ----------------------------
Transmission Line Engineering, Mark Browne Tom Beisner
Construction & Maintenance
- -------------------------------------------- ----------------------------------- ----------------------------
R&D Marc Mahoney Diane Blankenhorn
- -------------------------------------------- ----------------------------------- ----------------------------
Support Joe Krisiak
- -------------------------------------------- ----------------------------------- ----------------------------
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GENERATION & ENERGY SUPPLY SUBTEAM LEADS
LEE KLOSOWSKI / RICH RAPP
-------------------------
------------------------------------------- -------------------------------- ----------------------------
Team National Grid KeySpan
------------------------------------------- -------------------------------- ----------------------------
Gas Supply Planning Lee Klosowski Liz Arangio
Terry Kain
------------------------------------------- -------------------------------- ----------------------------
Gas Transactions & Portfolio Optimization Bruce Garcy Terry Kain
Liz Arangio
------------------------------------------- -------------------------------- ----------------------------
Electric Supply Acquisition & Planning Mike Hager John Schroeder
Wes Yeomans
------------------------------------------- -------------------------------- ----------------------------
Electric Transactions (Unregulated) Mike Hager Terry Kain
Wes Yeomans Jim Cross
------------------------------------------- -------------------------------- ----------------------------
Generation Operations Mike Hager Doug Crocker
Wes Yeomans
------------------------------------------- -------------------------------- ----------------------------
Asset Investment Strategy & Valuation Lee Klosowski Terry Kain
Jim Cross
------------------------------------------- -------------------------------- ----------------------------
Customer Choice Program Mgmt James Dillon Liz Arangio
John Sutherland
------------------------------------------- -------------------------------- ----------------------------
Middle Office Al Smithling (Risk) Jim Cross/Scott
Vonderheide (Risk)
------------------------------------------- -------------------------------- ----------------------------
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HUMAN RESOURCES SUBTEAM LEADS
BILL DOWD / BILL BOLLBACH
-------------------------
------------------------------- ------------------------------------------ -------------------------------
Team National Grid KeySpan
------------------------------- ------------------------------------------ -------------------------------
Benefits Suzette Moreau Maureen Heaphy
------------------------------- ------------------------------------------ -------------------------------
Compensation Tim Barrett Lori Santoro
------------------------------- ------------------------------------------ -------------------------------
Labor Relations Tim Rosbrook Tom Ryan
Raymond Reyes Bob Greenbaum
------------------------------- ------------------------------------------ -------------------------------
HR Business Partners Jeannie Herbert Mark Smith
------------------------------- ------------------------------------------ -------------------------------
Recruiting Sandy Willette Beverly Esposito
------------------------------- ------------------------------------------ -------------------------------
Organizational Development David Walsh Andy Worsnopp
------------------------------- ------------------------------------------ -------------------------------
Diversity Sean Driscoll Jane Risley
------------------------------- ------------------------------------------ -------------------------------
Employee Services Matthew Powers Pat Michels
------------------------------- ------------------------------------------ -------------------------------
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SHARED SERVICES SUBTEAM LEADS
MIKE KYLE / COLEEN CERIELLO
---------------------------
- ---------------------------------------- ------------------------------- ----------------------------------
Sub Team National Grid KeySpan
- ---------------------------------------- ------------------------------- ----------------------------------
Procurement John A McGraw William Portuese
- ---------------------------------------- ------------------------------- ----------------------------------
Inventory and Materials Management Robert E Pohl Lawrence O'Rourke
- ---------------------------------------- ------------------------------- ----------------------------------
Warehousing and Material Logistics Robert E Pohl Jane Cavlin
- ---------------------------------------- ------------------------------- ----------------------------------
Accounts Payable Steven Bixby Kimberly Leitch
- ---------------------------------------- ------------------------------- ----------------------------------
Investment Recovery Thomas Centore
- ---------------------------------------- ------------------------------- ----------------------------------
Facilities Nancy H Sala Mary Genoy
Robert Lambe Pasquale DiSilvestro
- ---------------------------------------- ------------------------------- ----------------------------------
Real Estate & Property James Zuccolotto Helen Duffy
- ---------------------------------------- ------------------------------- ----------------------------------
System Support Services Bill Jones TBD
- ---------------------------------------- ------------------------------- ----------------------------------
UK Shared Services Dave Pretyman
- ---------------------------------------- ------------------------------- ----------------------------------
Fleet Thomas E Rogers William Hilbrunner
- ---------------------------------------- ------------------------------- ----------------------------------
Environmental & Safety Joseph M Kwasnik Robert Teetz
William Balestra Lawrence Liebs
- ---------------------------------------- ------------------------------- ----------------------------------
Corporate Security Craig Masterson Earl Anderson
Charlie Henderson Kenneth Mackin
- ---------------------------------------- ------------------------------- ----------------------------------
Health and Safety James J Murphy William Fibkins
- ---------------------------------------- ------------------------------- ----------------------------------
Technical Training Robert F Dischner William Fibkins
Robert Ellis
- ---------------------------------------- ------------------------------- ----------------------------------
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INFORMATION TECHNOLOGY SUBTEAM LEADS
BOB LORKIEWICZ / FRANK LAROCCA
------------------------------
- ---------------------------------------- ------------------------------- --------------------------------
Team National Grid KeySpan
- ---------------------------------------- ------------------------------- --------------------------------
Sub-Team Facilitation Carole Connolly Jane Judge
- ---------------------------------------- ------------------------------- --------------------------------
Application Development Brian Detota Jane Judge
- ---------------------------------------- ------------------------------- --------------------------------
Operations/Infrastructure Dave Davis Don Stahlin
- ---------------------------------------- ------------------------------- --------------------------------
Finance / Budgeting Mike Shliapa Bill Kearns
- ---------------------------------------- ------------------------------- --------------------------------
PMO Tom Gill Bill Kearns
- ---------------------------------------- ------------------------------- --------------------------------
(Cyber) Security Brian Betterton Pat Darienzo
- ---------------------------------------- ------------------------------- --------------------------------
Strategy, Architecture & Planning Ron Krantz Joe Nogan
- ---------------------------------------- ------------------------------- --------------------------------
IT Process Tom Gill Jane Judge
- ---------------------------------------- ------------------------------- --------------------------------
Contracts & Asset Management Ken Boduch Bill Kearns
- ---------------------------------------- ------------------------------- --------------------------------
11
CUSTOMER SERVICE & MARKETING SUBTEAM LEADS
TONY PINI / RICK MURPHY
-----------------------
- ---------------------------------------- ------------------------------- ----------------------------------
Team National Grid KeySpan
- ---------------------------------------- ------------------------------- ----------------------------------
Contact Centers Marilyn Flint-Jacques Heidi Swanson
- ---------------------------------------- ------------------------------- ----------------------------------
Billing and Retail/ Jeff Dailey Lenny Jordan
Customer Choice
- ---------------------------------------- ------------------------------- ----------------------------------
Credit & Collections Gary Grant Mike Courtien
Jimmy Gong (P/T)
- ---------------------------------------- ------------------------------- ----------------------------------
Metering Services John Flint Tom Bennett (Gas)
Jim Biggers (Electric)
- ---------------------------------------- ------------------------------- ----------------------------------
Marketing Ray Penge Joe Rende
Alicia Dicks (P/T)
- ---------------------------------------- ------------------------------- ----------------------------------
Sales & Account Management Bill Flaherty Dan Dessanti
- ---------------------------------------- ------------------------------- ----------------------------------
Energy/Demand Side Management Tim Stout Bruce Johnson
- ---------------------------------------- ------------------------------- ----------------------------------
Customer Strategy Don McMaster Rudy Wynter
- ---------------------------------------- ------------------------------- ----------------------------------
HVAC Sales & Service Business Ray Penge Joe Marazzo
- ---------------------------------------- ------------------------------- ----------------------------------
YOU Can Help
Every employee - whether directly involved with an integration team or not - can
help with the creation of our future combined company. If you have any ideas,
recommendations, feedback or questions, please contact us through the
Integration Hotlines at 1-800-523-1044 (National Grid) or 1-888-698-4397
(KeySpan); or via e-mail at IntegrationQuestions@us.ngrid.com or
IntegrationQuestions@keyspanenergy.com.
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Additional Information and Where to Find It
- -------------------------------------------
KeySpan intends to file with the Securities and Exchange Commission (the "SEC")
a definitive proxy statement and other relevant documents in connection with the
proposed acquisition of KeySpan by National Grid. We filed a preliminary proxy
statement with the SEC on April 28, 2006. Investors and security holders of
KeySpan are advised to read the proxy statement and other relevant documents
when they become available, as they will contain important information about the
transaction. Investors and security holders may obtain a free copy of the proxy
statement and other documents filed by KeySpan with the SEC, when they become
available, at the SEC's web site at http:/www.sec.gov.
KeySpan and its directors, executive officers and other members of its
management and employees may be deemed to be participants in the solicitation of
proxies from its security holders in connection with the proposed acquisition.
Information concerning the interests of KeySpan's participants in the
solicitation is set forth in KeySpan's Annual Report on Form 10-K (filed with
the SEC on February 28, 2006), Quarterly Report on Form 10-Q for the period
ended March 31, 2006, KeySpan's preliminary proxy statement (filed with the SEC
on April 28, 2006) and will be set forth in the definitive proxy statement
relating to the acquisition when it becomes available.
13