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Jeff Skilling

Jeff Skilling
  • Date of birth 

Jeff Skilling Biography

Jeffrey Keith Skilling (born November 25, 1953) is a former CEO of Enron Corporation. Skilling, who headed the company from February to August 2001, surrendered to the Federal Bureau of Investigation on February 19, 2004 in connection to the fraud charges against Enron and Skilling's predecessor/successor in the CEO position, Kenneth Lay.

Skilling was indicted on 35 counts of fraud, insider trading, and other crimes related to the collapse of Enron. He pleaded not guilty to all charges. If convicted of all of them, he faces up to 325 years in prison and at least $80 million in fines. The main reason for his arrest was his probable knowledge of the fraudulent transactions within Enron. About a month after he quit Enron, Skilling sold almost $60 million of his shares in Enron (in blocks of 10,000 to 500,000), leading to the prosecutors' allegation that he sold those shares with inside information of Enron's impending bankruptcy. Along with Richard Causey (former chief accounting officer) and Kenneth Lay, Skilling is scheduled to be tried in January 2006 in federal court in Houston, Texas. Read Full Bio >>





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