Robert "Bo" Collins, who recently resigned as president of the NYMEX, has reportedly emerged as the front runner to head the proposed energy trading joint venture between TXU and Credit Suisse First Boston. Prior to his three-year stint at the NYMEX, Collins was senior v.p. of natural gas trading at El Paso Merchant Energy in Houston. Collins could not be reached.
Carol Peters, a TXU spokeswoman, says a chief executive has not yet been named to run the joint venture, which is known internally as 'trade co.' She declined to confirm or deny that Collins is in the running, adding that the JV is expected to start operations in the late summer/early fall. Calls to CSFB were not returned.
