ken lay resigns from board ken lay announced today that he has resigned from enron ' s board of directors . his resignation is effective immediately .
in a press release , ken said , " i want to see enron survive and successfully emerge from reorganization . due to the multiple inquiries and investigations , some of which are focused on me personally , i believe that my involvement has become a distraction to achieving this goal . "
he added , " my concern is for current and former enron employees and other stakeholders , and i feel that it is in their best interest for me to step down from the board . "
ken lay resigns from board
ken lay announced today that he has resigned from enron ' s board of directors . his resignation is effective immediately .
in a press release , ken said , " i want to see enron survive and successfully emerge from reorganization . due to the multiple inquiries and investigations , some of which are focused on me personally , i believe that my involvement has become a distraction to achieving this goal . "
he added , " my concern is for current and former enron employees and other stakeholders , and i feel that it is in their best interest for me to step down from the board . "