Troubh graduated from Bowdoin College in 1950 and earned his law degree from Yale Law School in 1952. Early in his legal career he clerked for U.S. Supreme Court Justice Harold Hitz Burton.
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He is a former governor of the American Stock Exchange and has a long record of service on corporate boards. In November 2001 he was called upon to be a member of the board at Enron and to be one of three members investigating corporate misconduct at Enron. He currently serves as interim board chair at Enron. Director's Alert named him one of nine Outstanding Directors in Corporate America 2002 "for lending a steady, cool and honest hand to boardrooms across corporate America in times of turmoil, most particularly in guiding Enron through crisis."