Enron Corp. in late October named Jeffrey McMahon the energy giant's chief
financial officer, replacing Andrew Fastow, who was ousted amid concerns that
his role in two limited partnerships might have been a conflict of interest.
McMahon, 40, had run the Houston company's industrial markets unit, and between
1998 and 2000 was Enron's treasurer.

Fastow, who the company said was on a leave of absence after serving more than
five years as CFO, has sparked a Securities and Exchange Commission
investigation into his running of two limited partnerships that did billions of
dollars' worth of transactions with Enron. An outcry from investors and Wall
Street analysts prompted Fastow to cut ties with the partnerships in July.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.