Kenneth Lay
(1942-2006)
Founder of Enron Corporation
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Kenneth Lee Lay (April 15, 1942 – July 5, 2006) was the founder, CEO and Chairman of Enron and was heavily involved in the Enron scandal, a major accounting scandal that unraveled in 2001 in the largest bankruptcy ever to that date. Lay was indicted by a grand jury and was found guilty of 10 counts of securities fraud in the trial of Kenneth Lay and Jeffrey Skilling. Lay died in July 2006 while vacationing in his house near Aspen, Colorado, three months before his scheduled sentencing. A preliminary autopsy reported Lay died of a myocardial infarction (heart attack) caused by coronary artery disease; his death resulted in a vacated judgment.
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| Born |
Kenneth Lee Lay 15 April 1942 Tyrone, Missouri, USA
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| Died |
5 July 2006 (aged 64) Snowmass, Colorado, USA
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| Zodiac | Aries |
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