Enron Corp. in late October named Jeffrey McMahon the energy giant's chieffinancial officer, replacing Andrew Fastow, who was ousted amid concerns thathis role in two limited partnerships might have been a conflict of interest.McMahon, 40, had run the Houston company's industrial markets unit, and between1998 and 2000 was Enron's treasurer.
Fastow, who the company said was on a leave of absence after serving more thanfive years as CFO, has sparked a Securities and Exchange Commissioninvestigation into his running of two limited partnerships that did billions ofdollars' worth of transactions with Enron. An outcry from investors and WallStreet analysts prompted Fastow to cut ties with the partnerships in July.
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