Jeffrey Keith Skilling was born on November 25,1953 and is a convicted felon and American businessman who is known as the CEO of Enron Corporation during the Enron scandal.
40 Facts About Jeffrey Skilling
2.
Jeffrey Skilling appealed this new decision to the Supreme Court, but the appeal was denied.
3.
Jeffrey Skilling was moved to a halfway house in August 2018 and released from custody in February 2019, after serving 12 years.
4.
Jeffrey Keith Skilling was born in Pittsburgh, Pennsylvania, on November 25,1953, the second of four children of Betty and Thomas Ethelbert Skilling, Jr.
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Jeffrey Skilling's father was a sales manager for an Illinois valve company.
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Jeffrey Skilling graduated from West Aurora High School and received a full scholarship to Southern Methodist University in Dallas, Texas, where he was a member of the Beta Theta Pi fraternity.
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Jeffrey Skilling quit by 1977 to attend Harvard Business School.
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Jeffrey Skilling eventually became one of the youngest partners in the history of McKinsey.
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Jeffrey Skilling impressed Kenneth Lay in his capacity as a consultant, and was hired by Lay during 1990 as chairman and chief executive officer of Enron Finance Corp.
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Jeffrey Skilling was named CEO and managing director of Enron Capital and Trade Resources, which was the subsidiary responsible for energy trading and marketing.
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Jeffrey Skilling was promoted to president and chief operating officer of Enron during 1997, second only to Lay, while remaining the manager of Enron Capital and Trade Resources.
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Jeffrey Skilling began advocating a novel idea: by promoting the company's aggressive investment strategy, the company didn't really need any "assets".
13.
On February 12,2001, Jeffrey Skilling was named CEO of Enron, replacing Lay.
14.
Jeffrey Skilling was slated to succeed Lay as chairman as well in early 2002, but abruptly resigned six months later on 14 August 2001.
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Jeffrey Skilling later attributed the remark to frayed relations between Enron and California.
16.
When brought in front of congressional committees, Jeffrey Skilling stated that he had "no knowledge" of the complicated scandal that would eventually result in Enron's bankruptcy.
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Jeffrey Skilling was indicted on 35 counts of fraud, insider trading, and other crimes related to the Enron scandal.
18.
Jeffrey Skilling surrendered to the Federal Bureau of Investigation on February 19,2004, and pleaded not guilty to all charges.
19.
About a month after quitting Enron, Jeffrey Skilling sold almost US$60 million of his stake in the company, resulting in the prosecutors' allegation that he sold those shares with inside information of Enron's impending bankruptcy.
20.
Jeffrey Skilling spent $40 million in preparation for the trial, of which at least $23 million went to his defense lawyers' retainer.
21.
Jeffrey Skilling's younger brother Mark is an attorney and assisted his legal team during the criminal trial.
22.
Jeffrey Skilling was not arrested, but he and his wife, Rebecca, who was hurt during the scuffle, were transported to a hospital where a blood test showed Skilling had a blood-alcohol level of 190 milligrams per deciliter, as indicated in the government's motion to modify conditions of Skilling's pretrial release order.
23.
Prosecutors moved against Jeffrey Skilling, asking a judge to increase his $5 million bond to $7 million, restrict his travel to Texas and impose a curfew.
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Jeffrey Skilling claimed that the worst witness against him was himself, and that he would be able to survive a long prison term as long as he is given "something to do, something to accomplish" while in prison.
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Jeffrey Skilling began his sentence on December 13,2006, and was housed at the Montgomery Federal Prison Camp, Maxwell Air Force Base, Montgomery, Alabama until 2018.
26.
On December 8,2015, federal judge Melinda Harmon granted summary judgment to the SEC and permanently barred Jeffrey Skilling from serving as an officer or director of a public company.
27.
Jeffrey Skilling was released from federal custody on February 21,2019.
28.
On October 30,2008, Jeffrey Skilling was moved to a low-security prison near Littleton, Colorado, as his original prison, FCI Waseca, was being converted to an all-female facility.
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Jeffrey Skilling held, by his own interpretation, a Darwinian view of what makes the world work.
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Jeffrey Skilling believed that money and fear were the only things that motivated people.
31.
The rankings were assigned on a curve at Jeffrey Skilling's direction, meaning that ten percent of people had to be graded five, regardless of absolute performance.
32.
Jeffrey Skilling described the PRC process as "the most important process we conduct as a company".
33.
Dawkins has distanced himself from Enron and Jeffrey Skilling, saying that Jeffrey Skilling misunderstood his book.
34.
The first challenge by Jeffrey Skilling's defense was whether or not the federal "honest services fraud" statute required the government to prove that Jeffrey Skilling's conduct was intended to achieve "private gain" ; and, if not, if this statute is unconstitutionally vague.
35.
Jeffrey Skilling appealed this new decision to the Supreme Court, but was denied certiorari.
36.
In exchange for his reduced sentence, Mr Jeffrey Skilling gave up about $42 million, to be distributed to victims of Enron's fraud.
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Jeffrey Skilling agreed not to pursue any further legal appeals, including a claim that would have accused the prosecution team of misconduct.
38.
Jeffrey Skilling was released from federal custody on February 21,2019, after 12 years in federal prison.
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Jeffrey Skilling has a daughter and two sons from his first marriage to Susan Long, which ended in divorce in 1997.
40.
In March 2002, Jeffrey Skilling married Rebecca Carter, a former vice president for board communications and board secretary at Enron.