Dynegy founder Watson recalls dawn of deregulation

Departure from firm in 2002 was ‘right decision’, says former CEO

Chuck Watson
Chuck Watson

Nearly three decades ago, Chuck Watson had a meeting at the airport in Denver, Colorado, that changed his life.

It was 1985 and Watson was working for oil producer Conoco – then based in Delaware – overseeing the company's strategy for dealing with energy market deregulation. He began getting calls from John Barr, an investment banker at Morgan Stanley, who wanted him to head a new venture called the US Natural Gas Clearinghouse. Watson was sceptical, but agreed to meet.

"We were going to meet

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: