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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 .
Jul 5, 2006 · Kenneth Lay, the founder of Enron Corp., died of coronary artery disease in 2006 while vacationing in Colorado. He was convicted of fraud and conspiracy charges related to the collapse of the energy giant, but insisted he was innocent.
Jul 5, 2006 · Kenneth L. Lay, the former chairman and chief executive of Enron who was convicted of fraud and conspiracy in the giant energy company's collapse, died today at his home in Aspen, Colo. He...
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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 · The rise and fall of Kenneth Lay, the former Enron CEO who was convicted of fraud and conspiracy in the 2001 energy trading scandal. Learn about his background, achievements, controversies and death from this BBC News article.
