Background Of Resigned Enron CEO Kenneth Lay
NAME: Kenneth L. Lay
BIRTH DATE: April 15, 1942.
EDUCATION: Bachelor's and master's degree, University of Missouri; Ph.D. in economics, University of Houston.
EXPERIENCE: Worked as economist at Exxon beginning in 1965. Later served as president of Continental Resources Company. Became chairman and chief executive of Houston Natural Gas, 1984. Was named chairman and CEO of Enron Corp. in 1986 following the merger of Houston Natural Gas and InterNorth Inc. Lay was CEO until he resigned that position in Feb. 2001 but continued as chairman. Jeffrey Skilling took the position of CEO on Feb. 12, 2001. When Skillling resigned in August 2001, Lay reassumed the position until resigning as CEO and chairman amid scandal on Jan. 23, 2002.
FAMILY: Wife, Linda; five children, six grandchildren
QUOTE: "I want to see Enron survive, and for that to happen we need someone at the helm who can focus 100 percent of his efforts on reorganizing the company and preserving value for our creditors and hard-working employees."
BIRTH DATE: April 15, 1942. EDUCATION: Bachelor's and master's degree, University of Missouri; Ph.D. in economics, University of Houston.
EXPERIENCE: Worked as economist at Exxon beginning in 1965. Later served as president of Continental Resources Company. Became chairman and chief executive of Houston Natural Gas, 1984. Was named chairman and CEO of Enron Corp. in 1986 following the merger of Houston Natural Gas and InterNorth Inc. Lay was CEO until he resigned that position in Feb. 2001 but continued as chairman. Jeffrey Skilling took the position of CEO on Feb. 12, 2001. When Skillling resigned in August 2001, Lay reassumed the position until resigning as CEO and chairman amid scandal on Jan. 23, 2002.
FAMILY: Wife, Linda; five children, six grandchildren
QUOTE: "I want to see Enron survive, and for that to happen we need someone at the helm who can focus 100 percent of his efforts on reorganizing the company and preserving value for our creditors and hard-working employees."
Texas license plates have a new look and another character, KPRC Local 2 reports.
A pastor from Crosby is accused of sexually abusing two boys who attended his church's school, KPRC Local 2 reports.
A Houston Fire Department captain asked for the public's help finding the man suspected of killing his daughter, KPRC Local 2 reports.
House Speaker Nancy Pelosi shuts the door to a resolution honoring Michael Jackson because debate on the symbolic measure could raise "contrary views" about the pop
star's life.
U.S. marshals and police arrest more than 1,400 fugitives and cleared 1,654 warrants during a monthlong cooperative between federal, state, and local law enforcement in
South Texas.
July 8, 2009: A bar that's had its liquor license pulled and where police have looked for sex trafficking victims is raided, KPRC Local 2 Investigates reports.
July 8, 2009: Detectives believe a group of thieves has been breaking into homes and stealing thousands of dollars worth of jewelry. Elizabeth Scarborough reports.
July 4, 2009: While the focus of the Fourth of July is usually on barbecue and fireworks, one local veteran wants to make sure we pay tribute to the true patriots who have served our country. Alana Gomez Dong reports.
July 9, 2009: A Houston man's military heroics were fabricated. Alana Gomez Dong reports.
Here are your Anthony's Weather Quiz answers!
KPRC Local 2 is helping law enforcement agencies put wanted criminals behind bars. Check out the fugitives featured on the Wheel of Justice.
We take a look at Forbes Magazine's list of the top ten hot billionaire heiresses.
Email Alerts
RSS News Feeds
Mobile
Live Streams
Slideshows
Video
Search
