Kenneth Lay
Businessman and Enron CEO
Born
April 15th, 1942
83 years ago
Died
July 5th, 2006
18 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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