Kenneth Lay - Timeline of Events

Timeline of Events

  • 1965: Economist, Exxon Corporation
  • 1969: Assistant professor, George Washington University
  • 1970: Awarded PhD Economics, University of Houston
  • 1971: Assistant to a commissioner, Federal Power Commission
  • 1972: Undersecretary for energy issues, Department of the Interior
  • 1974: Vice president, Florida Gas Transmission
  • 1976: President, Florida Gas Transmission
  • 1981: President, chief operating officer, Transco
  • 1984: Chief executive officer, Houston Natural Gas
  • 1985: Enron formed by purchase of Houston Natural Gas by InterNorth
  • 1990: Chairman of the Board and chief executive officer, Enron; Co-chairman, organizing committee for G8 summit
  • 1992: Co-chairman, President Bush Re-election Committee; Chairman, 1992 Republican National Convention, Houston
  • 1993: Member, President Clinton's 'President's Council on Sustainable Development'
  • 1994: Assists with campaign of Sheila Jackson-Lee to defeat Congressman Craig Washington
  • February 2001: Steps aside as CEO in favor of Jeffrey Skilling
  • August 2001: Returns as CEO after Skilling's departure
  • January 2002: Under extreme pressure, Lay resigns as Enron CEO, leaves Board
  • July 2004: Indicted by grand jury
  • May 2006: Found guilty on ten counts of fraud and conspiracy
  • July 2006: Died at age 64, near Aspen, Colorado, while on vacation
  • October 2006: A federal Judge vacates conviction

Read more about this topic:  Kenneth Lay

Famous quotes containing the word events:

    “If I have renounced the search of truth, if I have come into the port of some pretending dogmatism, some new church, some Schelling or Cousin, I have died to all use of these new events that are born out of prolific time into multitude of life every hour. I am as bankrupt to whom brilliant opportunities offer in vain. He has just foreclosed his freedom, tied his hands, locked himself up and given the key to another to keep.”
    —Ralph Waldo Emerson (1803–1882)