CEOs who left their posts due to wrongdoing
A look at a selection of corporations' chief executive officers who were ousted, resigned or stepped down from their positions for various reasons.
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A look at a selection of corporations' chief executive officers who were ousted, resigned or stepped down from their positions for various reasons.(AP Photo)
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July 2004
John Rigas
Adelphia Communications
Founder of cable television company Adelphia Communications, convicted in 2004 of charges including securities and bank fraud. Currently serving 12 years in prison. Indicted in 2008 on additional charges of tax evasion.(AP Photo) -
March 2005
Harry Stonecipher
Boeing
Boeing CEO who submitted his resignation upon request of the Boeing Board of Directors on March 6, 2005, due to an improper relationship with a Boeing executive named Debra Peabody.(AP Photo) -
June 2005
Dennis Kozlowski
Tyco International
CEO of Tyco International was convicted in June 2005 and serving 8 1/3 to 25 years on charges including conspiracy, grand larceny and securities fraud.(AP Photo) -
July 2006
Bernie Ebbers
WorldCom
Former chief of WorldCom, imprisoned in September 2006 on 25-year sentence for role in $11 billion accounting fraud that toppled his telecommunications company.(AP Photo) -
October 2006
Jeff Skilling
Enron
In October of 2006 he was convicted of multiple federal felony charges relating to Enron's financial collapse. He is currently serving a 24-year, 4-month prison sentence.(AP Photo) -
April 2007
Joseph Nacchio
Qwest
Former Qwest CEO was sentenced to six years after being convicted in 2007 of 19 counts of insider trading.(AP Photo) -
June 2009
Angelo Mozilo
Countrywide Financial
CEO of Countrywide Financial sold hundreds of millions of dollars in stock personally, while publicly touting the stock and using shareholder funds to buy back stock to support the share price. On June 4, 2009, he was later charged with insider trading and securities fraud.(AP Photo) -
August 2010
Mark Hurd
Hewlett-Packard
On Aug. 6, 2010 the Hewlett-Packard CEO resigned due to a sexual harassment claim from Jodie Fisher who was a contract employee with HP's marketing department from 2007 to 2009.(AP Photo) -
January 2003
Henry Nicholas
Broadcom
Co-founder of high-tech chipmaker Broadcom stepped down in 2003 as CEO due to "personal issues." He was later charged with backdating stocks options and federal drug charges.(AP Photo)
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