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
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“Genius is present in every age, but the men carrying it within them remain benumbed unless extraordinary events occur to heat up and melt the mass so that it flows forth.”
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