Profile

Kenneth Lay

Businessman
Male
Born Apr 15, 1942

Kenneth Lee "Ken" Lay was an American businessman, best known for his role in the widely reported corruption scandal that led to the downfall of Enron Corporation. Lay and Enron became synonymous with corporate abuse and accounting fraud when the scandal broke in 2001.… Read More

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News + Updates

Browse recent news and stories about Kenneth Lay.

  • Michael Smerconish: Zimmerman: Gender Not Race
    Huffington Post - Jul 29, 2013
  • Former Enron Ceo Skilling’s Prison Term Cut To 14 Years
    Financial Post - Jun 21, 2013
  • The Return Of A.G.
    The Economist - May 24, 2013
  • Who Else Took The 5th? Baseball Star, Banker, More
    San Francisco Chronicle - May 23, 2013

Timeline

Learn about the memorable moments in the evolution of Kenneth Lay.

CHILDHOOD

1942 Birth Born on April 15, 1942.

TWENTIES

1970 28 Years Old He went on to earn his Ph.D. in economics from the University of Houston in 1970 and soon after went to work at Exxon Company, USA, the successor to Standard Oil of New Jersey, and a predecessor of ExxonMobil. … Read More

FORTIES

1985 43 Years Old 1 More Event
Lay was the CEO and chairman of Enron from 1985 until his resignation on January 23, 2002, except for a few months in 2000 when he was chairman and Jeffrey Skilling was chief executive officer (CEO). … Read More

FIFTIES

1992 50 Years Old …  Lay was co-chairman of Bush's 1992 re-election committee. … Read More
1998 56 Years Old Lay liquidated more than $300 million in Enron stock from 1998 to 2001, mostly in stock options.
2000 58 Years Old In December 2000, Lay was mentioned as a possible candidate for President Bush's Treasury Secretary along with head Douglas A. Warner III of J.P. Morgan & Co., but Paul O'Neill was eventually selected. … Read More
2001 59 Years Old 1 More Event
…  Lay and Enron became synonymous with corporate abuse and accounting fraud when the scandal broke in 2001.

LATE ADULTHOOD

On January 31, 2006, following four and a half years of preparation by government prosecutors, Lay's and Skilling's trial began in Houston.
Original Authors of this text are noted on http://en.wikipedia.org/wiki/Kenneth_Lay.
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