Ex-CEO of Monster Worldwide Resigns From Board Over Stock Options Investigation

The former CEO of Monster Worldwide Inc. is the latest chief executive to be affected by investigations of the accounting of past options grants. Andrew J. McKelvey quit his board seat and refused to sit for questions from other board members as part of Monster’s internal investigation of stock options. In all, at least 135 U.S. companies have disclosed internal inquiries or government investigations and at least 39 executives and board directors at 19 companies have resigned or been fired.

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Ex-CEO of Monster Worldwide Resigns From Board Over Stock Options Investigation

The former CEO of Monster Worldwide Inc. is the latest chief executive to be affected by investigations of the accounting of past options grants. Andrew J. McKelvey quit his board seat and refused to sit for questions from other board members as part of Monster’s internal investigation of stock options. In all, at least 135 U.S. companies have disclosed internal inquiries or government investigations and at least 39 executives and board directors at 19 companies have resigned or been fired.

Popularity: 3% [?]

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XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>




Most Recent Posts