From Fraud to Freedom

Rebecca Mark seems to have traded in her business suits and stilettos.  Today, a more apt picture of her would be lounging on one of her huge ranches, basking in the glory of have exited Enron at precisely the right time.

My blog topic from last week centered on Mark and I have spent the past week writing an essay about her, so I figure I would check out what she is up to these days.  Never one known for resting on her laurels while at Enron, her post-Enron life has been pretty relaxed.

Rebecca Mark has certainly had a large variety of life experiences.  The once Enron leader now spends much of her time on the two cattle ranches that she owns in New Mexico and Colorado and never re-entered the corporate world.

Mark left Enron in 2000, cashing in on $80 million of Enron shares, allowing her to live comfortably ever since.  Although Skilling has blamed Mark for Enron’s downfall, saying that “Rebecca poured gasoline all over the balance sheet, and Andy [Fastow] lit the fuse,” Mark was not a focal point of the Enron trial.

Following her departure from Enron, Mark focused on investments in water and energy, primarily in the developing world.  She served on the boards of several organizations, including Water Health International, and was a member of the Council on Foreign Relations.  Furthermore, she served in advisory positions at the Yale School of Management, Harvard Business School, the University of Pennsylvania’s School of Government, and Chase National Bank.

Rebecca now goes by the last name Mark-Jubasche, incorporating the last name of the man that she has married.  She is in her mid-fifties and has gone from being one of the most visible women in the business community to a rarely heard name.

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7 Responses

  1. Good post. She sounds like a smart person.

    • Thanks, it would definitely be interesting to meet her.

  2. How did you find her? What is she doing at these business schools?

    • I found a bunch of different websites that talked about what she is doing nowadays by searching and then also went on the websites of the schools and organizations that she is on the boards of. At the schools, she serves on the advisory boards, offering advice on things such as the curriculum.

  3. It would be interesting to hear her view on the scandal and what she has learned from it (if anything). Has she released or published anything recently?

    • I agree with you that it would be interesting, but unfortunately I was unable to locate anything. Let me know if you find something!

  4. I am surprised that those highly prestigious schools would even involve themselves with an Ex-Enron Exec, no matter how much she has distanced herself from the company. The word Enron nowadays is taboo, and I cannot imagine anyone wanting to be associated with it.

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