Search results
Kenneth Lee Lay (April 15, 1942 – July 5, 2006) was an American businessman who was the founder, chief executive officer and chairman of Enron. He was heavily involved in Enron's accounting scandal that unraveled in 2001 into the largest bankruptcy ever to that date.
Enron was founded in 1985 by Kenneth Lay in the merger of two natural-gas -transmission companies, Houston Natural Gas Corporation and InterNorth, Inc.; the merged company, HNG InterNorth, was renamed Enron in 1986.
The trial of Kenneth Lay, former chairman and CEO of Enron, and Jeffrey Skilling, former CEO and COO, was presided over by federal district court Judge Sim Lake in the Southern District of Texas in 2006 in response to the Enron scandal.
Sep 19, 2024 · The principal actors in the accounting fraud were Chairman/Chief Executive Officer (CEO) Ken Lay, CEO Jeff Skilling, and Chief Financial Officer (CFO) Andrew Fastow.
Jun 3, 2024 · Kenneth Lay, Enron’s founder, and former CEO was convicted on six counts of fraud and conspiracy and four counts of bank fraud. Before sentencing, he died of a heart attack in Colorado.
Jul 6, 2006 · Kenneth L. Lay, the son of a Baptist preacher in rural Missouri who rose to the pinnacle of corporate America as head of Enron before becoming a symbol of corporate excess, died yesterday in...
May 25, 2006 · HOUSTON, May 25 — Kenneth L. Lay and Jeffrey K. Skilling, the chief executives who guided Enron through its spectacular rise and even more stunning fall, were found guilty today of fraud and ...
Jul 5, 2006 · Ken Lay, the founder of Enron Corp. who faced life in prison for his role in the Texas energy giant's collapse, is dead at 64 of a heart attack.
May 25, 2006 · A jury has convicted Enron Corp. founder Kenneth Lay and former chief executive Jeffrey Skilling in their criminal trial related to the demise of the once high-flying company.
May 10, 2006 · A federal jury finds former top Enron executives Kenneth Lay, right, and Jeffrey Skilling guilty after more than 14 weeks of testimony.
