Search is on for right person to save Enron

From: The Milwaukee Journal Sentinel (Milwaukee, WI) | Date: January 25, 2002 | Copyright information

Search is on for right person to save Enron

Associated Press

Friday, January 25, 2002

Houston -- Whoever succeeds Kenneth Lay as Enron Corp.'s chief executive could walk into a minefield. Or he could emerge as a hero who saves the fallen energy giant.

"If you are a restructuring specialist, like someone who deals with problem companies, it presents an opportunity to show your mettle," said Henry T.C. Hu, a corporate law professor at the University of Texas. "On the other hand, you don't know what other bad things are out there yet. There's a risk involved."

Lay resigned as chairman and chief ...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

Now, Enron chief executive's wife demands severance pay
; The wife of former Enron chief executive, Jeffery Skilling, is demanding...former corporate secretary at Enron who married Mr Skilling in...to accept a deal offered by Enron to employees laid off after Enron filed for bankruptcy in December...
ENRON CHIEF EXECUTIVE LAY RESIGNS ANDERSON MEMO SAYS FIRM WAS WARNED IN OCTOBER
; WASHINGTON - Enron Corporation's embattled chairman and chief executive, Kenneth Lay, resigned...will be an employee of Enron, but will remain on the...said in a statement on Enron's Web site. Enron said its board, working...creditor's committee on Enron's bankruptcy, was ...
Dynegy Chief Executive Says Enron's Problems Stem from `Bad Business' Methods.
; ...downfall of energy-trading titan Enron Corp. was the result of bad...activity, says Chuck Watson, chief executive of Dynegy Inc., the company acquiring Enron in a deal valued at $24 billion...the company's chairman and chief executive, could walk away with a golden...his contract if ...
Enron Names Interim Chief Executive, Restructuring Officer.
; ...WASHINGTON--It may be bankrupt, but Enron Corp. isn't turning out the...Stephen Cooper its interim chief executive and chief restructuring officer...bankruptcy case in history Dec. 2, Enron has been shrinking dramatically...focus is on the future of Enron, Cooper said. With more than 19,000 ...
Skilling Indictment Expected Today; Former Chief Executive Would Be Highest-Ranking Enron Defendant
; ...announce an indictment of former Enron Corp. chief executive Jeffrey K. Skilling today...the Houston energy firm. As Enron's chief operating officer...early 2002, a few months after Enron's collapse into bankruptcy...from the Justice Department's Enron Task Force and regulators...
Andersen chief executive insists bankrupt Enron's books `were not cooked'
; ...centre of the collapse of Enron, yesterday claimed there was...Joseph Berardino, Andersen's chief executive, also tried to argue that...this is an economic failure." Enron, the energy trading company...deregulation. But last year Enron made the biggest bankruptcy...week Andersen was fired ...
Dynegy chief executive quits amid SEC investigation
; Dynegy chief executive quits amid SEC...Houston -- The chief executive of Dynegy Inc...industry since the Enron scandal broke...stepped down as both chief executive and chairman of...billion bid for Enron but backed off...the aftermath of Enron's bankruptcy ...
Delay, Discredit Key to Enron Chief Executive's Defense.
; ...Defense lawyers say former Enron Corp. Chief Executive Jeffrey Skilling will try...s star witness, former Enron finance chief Andrew Fastow...Negative stories about Enron executives have dominated...tried along with former Enron Treasurer Richard Causey...answered to Skilling ...
Enron whistle-blower faults former chief executive
; Enron whistle-blower faults former chief executive By RICHARD A. OPPEL...Washington -- An Enron executive who warned...company's former chief executive, Jeffrey K. Skilling...Kenneth L. Lay, Enron's former chairman...said. In Houston, Enron dismissed two other...vice ...
The latest manifestation of terrible troubles at Fiat was the departure of Paolo Cantarella, the Italian industrial group's chief executive.(includes news from other companies)(Brief Article)(Statistical Data Included)
; ...Paolo Cantarella, the Italian industrial group's chief executive. Mr Cantarella was particularly associated with...company's chairman, will now assume the role of chief executive as well. Rupert Murdoch's News Corporation agreed...dislodge Gerhard Schmid--holder of another 40%--as chief ...