This business that "Kay brought Victor to Genoa City to help run Chancellor Industries" --- I don't remember it that way at all. I realize that even the official Y&R scrapbooks allude to this, but I don't believe Victor and Kay even knew each other for a pretty long while.
My recollection is that Brock Reynolds and Greg Foster were practicing law together in February of 1980. A teenage girl named Cathy Bruder stole a Rolls Royce and went joyriding. Brock was assigned by the courts to be her public defender. In the process of defending Cathy, Brock interviewed the owner of the Rolls Royce, a new character named Victor Newman. Through the dialogue, we got the impression that Victor and his wife Julia had lived in Genoa City for a pretty long time. They lived on a remote ranch outside of town that had previously belonged to Brock's parents (Gary and Kay Reynolds). Victor wanted the girl who stole his car prosecuted as an adult. Julia Newman was more sympathetic and wanted to drop the charges, but seemed frightened to disobey her husband. Brock got close to Julia during the course of the case, and tried to convince her to do what was right regarding Cathy Bruder, no matter what Victor thought about the matter. Victor, on the other hand, wanted Brock to stay far away from Julia. This all occurred in February of 1980.
Later, during the summer of 1980, Douglas Austin challenged Derek Thurston to a duel over Kay. Douglas asked Victor Newman to be his assistant during the duel. I remember a scene where Victor asked Douglas who the lady was that Douglas and Derek were fighting over. Douglas said, "It's Derek Thurston's wife, Mrs. Kay Thurston." Victor thought for a moment and said, "Oh yes, I've heard of her. She's the former Kay Chancellor, I believe." The first time that I can recall Victor and Kay crossing paths was during the duel, when Derek was shot in the ass. While the duel was going on, there was a lot of in-fighting going on at Chancellor Industries, between George Packard (the man who'd run the company since Phillip Chancellor's death) and Derek Thurston (Kay's young husband, who hoped to take over the company's management). Kay became sick of Derek and George's squabbling, went away on a cruise, and asked Victor Newman to run the company in her absence, as he'd already successfully built his own company, Newman Enterprises. This was literally MONTHS after Victor had first appeared as the owner of the stolen Rolls Royce. I'm not sure where this idea came along that Kay somehow "invited" Victor to Genoa City to run the company.