A Classification of American Wealth
History and genealogy of the wealthy families of America - Sponsors


 Part 1 : Colonial and Mercantile America  Part 2 : America in the Gilded Age
 Part 2 : America in the Twentieth Century  Encyclopedia of American Wealth

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  Part III - Chapter 18 : CEOs  > The Enron Story  :   Previous  1 - 2 - 3 - 4 - 5 - 6 - 7 - 8 - 9 - 10 - 11 - 12   Next

     Enron : Climax of executive greed and deception 

Page entitled : Kenneth Lay's way to Chief Executive Officer and Enron

Content of this page is about :
Ken Lay's career path from university to the Department of Energy and on to Florida Gas, Transco and Houston Natural Gas, HNG InterNorth, he renamed Enron after becoming CEO.


Extract :
... Houston Natural Gas (HNG), a descendent of Houston Oil Company (founded 1901 by Patrick Calhoun and John Henry Kirby). Factually InterNorth acquired the much smaller HNG but spiritually, as far as management was concerned, it was the other way around. Soon after the merger Sam Segnar (formerly from InterNorth) resigned as CEO, leaving the way for Kenneth Lay, and the name of the company was changed  ...

 

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