Event Details
Aprill 1, 2016
Time: 9:45-11 a.m.
Location: BMO Financial Group Auditorium
From experiencing the high of winning a CFO award to the low of being sent to prison, Andrew Fastow will share his story with HBA1 students on April 1 during their week-long cross-enterprise leadership learning exercise.
Ivey is pleased to host Andrew Fastow, former CFO of Enron, via webcast. Fastow will be speaking to Ivey HBA1 students about his career with Enron, how Enron and his personal career derailed, and what he learned both personally and professionally. In 2002, Fastow was indicted on 78 counts, including fraud, money laundering, and conspiracy. Two years later, he pleaded guilty to two counts of wire and securities fraud and struck a deal with federal authorities to become an informant of other former Enron executives in exchange for a reduced sentence. This presentation will focus on the distinction between legal and ethical decisions in the grey areas of laws, regulations, and rules.
Fastow has taken full accountability for his actions, acknowledging on many occasions that he caused immeasurable damage. He said these presentations are an opportunity to share lessons learned.
“By doing these presentations, especially by meeting with students or directors, I help them understand why I did the things I did, how I went down that path, and how they might think about things so they also don’t make the mistakes I made,” he said.
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