Jeffrey Skilling
Jeffrey Keith Skilling (born November 25, 1953) is an American businessman who is best known as the CEO of Enron Corporation during the Enron scandal. In 2006, he was convicted of federal felony charges relating to Enron's collapse and eventually sentenced to 24 years in prison. The US Supreme Court heard arguments in the appeal of the case March 1, 2010. On June 24, 2010, the Supreme Court vacated part of Skilling's conviction and transferred the case back to the lower court for resentencing.
Jeffrey Skilling | |
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 Mug shot of Skilling in 2004 | |
| Born | Jeffrey Keith Skilling November 25, 1953 Pittsburgh, Pennsylvania, U.S. |
| Alma mater | Southern Methodist University (BA) Harvard Business School (MBA) |
| Occupation | Former CEO of Enron Former Partner at McKinsey & Company |
| Criminal status | Released |
| Spouse(s) | Susan Long div. 1997 Rebecca Carter m. 2002 |
| Children | 3 |
| Relatives | Tom Skilling (brother) |
| Criminal charge | Conspiracy, securities fraud, false statement, insider trading |
| Penalty | 14 years in federal prison (originally 24 years), $45 million fine; sentence reduced as a result of Skilling v. United States |
In April 2011, a three-judge panel of the Fifth Circuit Court of Appeals ruled that the verdict would have been the same despite the legal issues being discussed, and Skilling's conviction was confirmed; however, the court ruled Skilling should be resentenced. Skilling appealed this new decision to the Supreme Court, but the appeal was denied. In 2013, following a further appeal, and earlier accusations that prosecutors had concealed evidence from Skilling’s lawyers prior to his trial, the United States Department of Justice reached a deal with Skilling, which resulted in ten years being cut from his sentence, reducing it to 14 years. He was moved to a halfway house in August 2018 and released from custody in February 2019, after serving 12 years. In June 2020, Skilling was reported by Reuters to be fundraising for launch of an online oil and gas trading platform named Veld LLC.
