Shocking CEO downfalls

POSTED: 10:16 AM PST Mar 01, 2013    UPDATED: 08:10 AM PDT Jul 24, 2014 

Walmart's Bill Simon is the latest big-name CEO to make a shocking departure.

CEO Downfalls - Adelphia
19 / 24

John Rigas (Adelphia) -- The Rigas family founded the cable provider, but John Rigas was forced to retire as CEO in 2002 after being indicted for securities, bank and wire fraud. Adelphia filed for bankruptcy after admitting that the former CEO and his two sons had failed to record $3.1 billion in loans.

Comments

The views expressed are not those of this company or its affiliated companies. Please note by clicking on "Post" you acknowledge that you have read the Terms Of Service and the comment you are posting is in compliance with such terms. 
blog comments powered by Disqus
Advertisement

Most Popular

Advertisement