Kenneth Lay

Businessman and Enron CEO

Kenneth Lay - Businessman and Enron CEO
Born

April 15th, 1942
83 years ago

Died

July 5th, 2006
19 years ago — 64 years old

Category

Leaders & Politicians

Country

United States

Links & References

Born in 1942, a prominent American businessman served as the CEO and chairman of Enron Corporation, an energy company based in Houston, Texas. Lay played a crucial role in the company's rapid growth in the 1990s, promoting innovative energy trading and deregulation. Under his leadership, Enron's stock skyrocketed, making it one of the largest companies in the United States. However, amid accounting scandals, Enron filed for bankruptcy in 2001, marking one of the largest bankruptcies in U.S. history. Lay faced criminal charges related to securities fraud and conspiracy, though he died before the trial concluded.

Served as CEO and chairman of Enron

Promoted energy trading and deregulation

Led Enron to become a Fortune 500 company

Faced criminal charges for securities fraud

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