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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CEOs who left their posts due to wrongdoingJuly 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) -
CEOs who left their posts due to wrongdoingMarch 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) -
CEOs who left their posts due to wrongdoingJune 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) -
CEOs who left their posts due to wrongdoingAugust 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) -
CEOs who left their posts due to wrongdoingJanuary 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)
