After former CEO Dennis Kozlowski had destroyed Tyco's corporate reputation by spending outrageous amounts for collectible art, birthday celebrations and extravagant personal items, all for personal benefit, new CEO Ed Breen brought in Eric Pillmore into a newly created position of Sr. VP of Corporate Ethics. Doylestown resident Pillmore was charged with the enormous task of elevating Tyco's name from the outhouse of corporate ethics all the way to the penthouse. As noted in Ethisphere at
http://wp.corpedia.com/eric-pillmores/, Pillmore "managed a model corporate-culture turnaround from one of the most iconic examples of corporate malfeasance into a strong role model in the business ethics world." Pillmore's triumph has been noted in such publications as Harvard Business Review and many others; he now consults with Deloite and Touche, speaking and consulting worldwide on ethics in business. Kozlowski is now prisoner 05A4820 in the NY prison system, serving up to 8-25 years for misappropriating more than $400 million, including his infamous purchase of $6,000 shower curtain. He earns $1/day for mopping floors and serving food in the prison cafeteria.
cool article.
ReplyDelete6k for a shower curtain? where do you even begin to look for something like that? Im sure he also has many $$$ stashed away or funneled it to his family while all the people who he stole from are in the bread lines.
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