|
|
Article: SEC Fights Enron Appointment.(US Securities and Exchange Commission opposes selection of Steve Cooper as interim CEO)(Brief Article)
- Article from:
- The Oil Daily
- Article date:
- March 11, 2002
CopyrightCOPYRIGHT 2002 Energy Intelligence Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
SEC Fights Enron Appointment
The US Securities and Exchange Commission (SEC) on Friday objected to Enron's hiring of Steve Cooper as interim chief executive, citing conflicts of interest and questions about Cooper's $1.3 million salary.
In papers filed with the US Bankruptcy Court of Southern New York, the SEC said it "believes that many of the terms of Enron's agreement with Cooper are overreaching and are inappropriate in the ...